The Hang Seng Index has wavered in the past few months as concerns about the Chinese economy and the housing market have remained. HSI was trading at H$25,800, down by 5.4% from its highest point this year. Hang Seng Index pressured by trouble in the real estate sectorOne main reason why…
The Hang Seng Index has wavered in the past few months as concerns about the Chinese economy and the housing market have remained. HSI was trading at H$25,800, down by 5.4% from its highest point this year. Hang Seng Index pressured by trouble in the real estate sectorOne main reason why…
The European Union is preparing to launch an investigation into how Meta Platforms Inc. integrated artificial intelligence features into WhatsApp, marking the latest escalation in the bloc’s scrutiny of major US technology companies. According to a report by the Financial Times, the European Commission is expected to open the probe…
The European Union is preparing to launch an investigation into how Meta Platforms Inc. integrated artificial intelligence features into WhatsApp, marking the latest escalation in the bloc’s scrutiny of major US technology companies. According to a report by the Financial Times, the European Commission is expected to open the probe…
The Russian wheat export market has experienced a notable downtrend since the middle of November, primarily impacting wheat with 12.5% protein content. According to price monitoring conducted by SovEcon, the Free On Board (FOB) export prices for this specific grade of Russian wheat have seen a decrease of $4 per metric…
The Russian wheat export market has experienced a notable downtrend since the middle of November, primarily impacting wheat with 12.5% protein content. According to price monitoring conducted by SovEcon, the Free On Board (FOB) export prices for this specific grade of Russian wheat have seen a decrease of $4 per metric…
ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore’s Jurong Island starting in March, according to a Reuters report on Thursday. This move aligns with a broader trend in the global petrochemicals sector to cut capacity in response to industry losses.The wind-down, scheduled to…
ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore’s Jurong Island starting in March, according to a Reuters report on Thursday. This move aligns with a broader trend in the global petrochemicals sector to cut capacity in response to industry losses.The wind-down, scheduled to…
The global economy is heading into a period of its weakest expansion since the pandemic, but both Fitch Ratings and the OECD say the outlook is slightly more resilient than previously feared, helped along by a powerful surge in artificial intelligence–related investment that is offsetting the adverse impacts of import…
The global economy is heading into a period of its weakest expansion since the pandemic, but both Fitch Ratings and the OECD say the outlook is slightly more resilient than previously feared, helped along by a powerful surge in artificial intelligence–related investment that is offsetting the adverse impacts of import…