UAE’s ADNOC Gas signs $3 billion LNG deal with India’s Hindustan Petroleum Corporation Limited.
ADNOC Gas announced on Monday the signing of a sales and purchase agreement valued between $2.5 and $3 billion for a period […]
Taiwan dollar at risk of insurers reducing US$95 bil of hedges.
The Taiwanese dollar is expected to lose a crucial source of support as new accounting rules allow insurers to unwind foreign-exchange hedges […]
China’s US$7 trillion cash pile is shifting into stocks, gold.
CHINESE households are scouring for higher-yielding investments as roughly US$7 trillion in time deposits come due this year, a shift that could […]
GIC to invest US$1.5 billion in AI start-up Anthropic.
SINGAPORE’S GIC, venture capital firm Sequoia and US investor Coatue will take part in a funding round for Anthropic which aims to […]
Venezuela Moves to Resume Dollar Sales, Halting Bolivar Rout.
Venezuela is preparing to resume sales of dollars, bringing relief to its battered currency after a US oil blockade riled the local […]
Trump’s Venezuela Oil Plan Targets $100 Billion Energy Investment.
Trump’s Venezuela oil plan represents far more than a simple resource acquisition strategy. This multifaceted approach involves complex geopolitical positioning, massive infrastructure […]
US, Taiwan come to $250B ‘America First’ tariff deal over semiconductors.
The United States and Taiwan on Thursday reached a new trade agreement aimed at reshoring semiconductor manufacturing and strengthening U.S. supply chains, […]
Zimbabwe’s largest gold mine secures $132 million investment from Canadian firm.
Caledonia Mining Corporation said it plans to spend about $132 million this year to kick-start development of what is expected to become […]
Saudi Aramco Signs Long-Term LNG Supply Agreement in Louisiana.
Saudi Aramco signed a long-term supply deal with Commonwealth LNG, Reuters has reported, citing unnamed sources in the know. The size of […]
U.S. Sells First Venezuela Oil Cargo for $500 Million.
The United States has sold the first cargo of Venezuelan cargo it received from the country after the ousting of President Nicolas […]
AI Set to Drive 50% Rise in Copper Demand by 2040.
Artificial intelligence could boost global copper demand by as much as 50% in the years to 2040, which will cause a supply […]
Russia-China 2025 Bilateral Trade To Exceed US$220 Billion
Bilateral trade between Russia and China is expected to reach slightly above US$220 billion by the end of 2025, despite the market-driven […]