Dangote Refinery becomes world’s biggest jet fuel exporter.
Yet that is precisely what happened in April 2026, when Dangote Petroleum Refinery became the world’s largest exporter of jet fuel, according […]
Gold holds gain as US-Iran ceasefire extension calm inflation fears.
GOLD held a gain after reports that the US and Iran had reached a tentative deal to extend a ceasefire and work […]
China investors rush for exit after crackdown on illicit overseas stock trading.
Chinese investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on […]
China new yuan loans shrink $1.47b in April as credit demand stalls.
Weak domestic demand is reflecting in Chinese banks’ loan performance, as lending activity remains concentrated in policy-supported sectors. New yuan-denominated loans contracted $1.47b […]
China’s Return to the Energy Market Could Become the Next Global Price Shock.
For months, China’s reduced appetite for oil and LNG imports has helped ease some of the pressure on already-strained global energy markets. […]
Oil gains as deal to end war and reopen Hormuz remains elusive.
Oil edged higher as the US and Iran remained at odds over how to reopen the Strait of Hormuz, with the war […]
China’s industrial profits surge by 18.2% in first 4 months of 2026, driven by high-tech sectors.
China’s industrial profits grew by 18.2 percent in the first four months of 2026, boosted by robust growth in the high-tech sectors, […]
India-Australia- Japan-US QUAD to build a port in Fiji, unveil pact on critical minerals
The foreign ministers of the Quad grouping (India, the United States, Japan and Australia) on Tuesday unveiled a broad set of initiatives […]
Investments by financial firms, pensions in overseas private debt funds near 56 trillion won.
Korean financial companies and pension funds’ investments in overseas private debt funds totaled nearly 56 trillion won ($37.2 billion) this year, data […]
The IMF warned of possible damage to the EU economy due to the growth of public debt.
The International Monetary Fund (IMF) has warned the European Union (EU) that an increase in public debt in European countries could negatively […]
Honda, Ford, and Toyota Raise Alarm on China’s Vehicle Production Potential: “We Will Not Survive”
Several automakers including Ford, Toyota, and Honda have warned against China’s vehicle production capabilities, suggesting that its automakers alone can cater to […]
Africa’s top bauxite hub attracts $1 billion alumina plant from China’s largest state-owned producer.
The Beijing-based company said it will establish a new entity to develop a 1.2 million-ton-per-year alumina plant in Guinea, deepening China’s growing […]