Recent Posts - page 89

• Chinese Banks Receive New Gold Import Quotas Amid High Prices And Shifting Demand Dynamics

  By admin2 on August 16, 2024 • ( 0 )

  

  Several Chinese banks have recently been allocated new gold import quotas by the central bank, reflecting anticipation of a potential revival in demand despite current record-high prices, according to four sources familiar with the situation. These quotas, distributed in August,… Read More ›

• Chevron’s Anchor Project Advances Ultra-High Pressure Oil Extraction Technology

  By admin2 on August 14, 2024 • ( 0 )

  

  Chevron’s recent advancement in oil extraction technology could significantly expand access to previously unreachable crude oil reserves, potentially adding up to 5 billion barrels to global production, analysts suggest. On Monday, Chevron announced the successful commencement of oil production from… Read More ›

• U.S. Shifts Stance To Support Global Plastic Production Caps Ahead Of UN Treaty Negotiations

  By admin2 on August 14, 2024 • ( 0 )

  

  The United States is set to support a significant global treaty aiming to reduce annual plastic production, marking a major shift from its previous stance, according to a source close to U.S. negotiators who spoke to Reuters on Wednesday. This… Read More ›

• UBS CEO Predicts Higher Market Volatility, Downplays U.S. Recession Risks

  By admin2 on August 14, 2024 • ( 0 )

  

  UBS CEO Sergio Ermotti stated Wednesday that while he anticipates increased market volatility in the latter half of the year, he does not foresee an imminent recession in the U.S. Despite recent sharp sell-offs in global equities triggered by weaker-than-expected… Read More ›

• Gaming Industry Faces Reset Amid Weak Console Sales, Major Releases Ahead

  By admin2 on August 14, 2024 • ( 0 )

  

  The global video game market is poised for modest annual growth this year, reflecting a slowdown in console sales, according to a recent report by market research firm Newzoo. In a blog post released Tuesday, Newzoo projected a 2.1% year-over-year… Read More ›

• Hindenburg Research Targets SEBI Chief Over Alleged Offshore Links Amid Ongoing Adani Group Controversy

  By admin2 on August 13, 2024 • ( 0 )

  

  India’s stock market has been abuzz, not just due to investor interest but primarily because of allegations against Madhabi Puri Buch, the chief of the Securities and Exchange Board of India (SEBI). The controversy erupted after Hindenburg Research, a U.S.-based… Read More ›

• Chinese Investors’ Growing Demand for Offshore Investments Strains QDII Quotas Amid Local Market Uncertainty

  By admin2 on August 13, 2024 • ( 0 )

  

  The rising demand from Chinese investors for offshore investments has led foreign banks and fund managers to struggle with limited outbound-investing quotas, despite recent selloffs in U.S. and Japanese markets. Firms utilizing China’s Qualified Domestic Institutional Investor (QDII) program are… Read More ›

• IEA Revises 2025 Oil Demand Growth Amidst China’s Economic Slowdown

  By admin2 on August 13, 2024 • ( 0 )

  

  The International Energy Agency (IEA) maintained its 2024 global oil demand growth forecast but adjusted its 2025 estimate downward, attributing the revision to the weakened Chinese economy. The IEA’s monthly report highlighted that China’s post-COVID economic surge has waned, significantly… Read More ›

• Samsung Faces Worker Strike Over Wage Dispute As Union Plans Strategic Action

  By admin2 on August 13, 2024 • ( 0 )

  

  Samsung Electronics’ largest workers’ union in South Korea announced on Tuesday that it would initiate a four-day strike starting Thursday, aimed at pressuring the company for higher wages and bonuses after negotiations with management failed in July. Lee Hyun-kuk, vice… Read More ›

• Innovation And Efficiency Propel U.S. Shale Oil Output Amid Global Supply Shifts

  By admin2 on August 13, 2024 • ( 0 )

  

  The latest data reveals that advanced operating efficiencies in the U.S. shale sector are driving increased oil production without additional spending. This surge in output is set to influence global oil markets as OPEC prepares to unwind its output cuts… Read More ›

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