Culture
ExxonMobil calls Venezuela ‘uninvestable’ as Trump pushes oil plan
Low prices are viewed warily within the oil industry, which the US president is counting on to keep pumping crude[WASHINGTON] Major US oil executives expressed caution about US President...
China buys at least 10 cargoes of US soybeans for April-May shipment, traders say
[CHICAGO] China’s state stockpiler Sinograin purchased at least 10 cargoes of US soybeans on Friday (Jan 9), or at least 600,000 tonnes, for shipment in April and May, capping...
Trafigura readies first Venezuelan oil ship as part of mega sale
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday[HOUSTON] Commodities trader Trafigura Group is getting ready to load...
Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus
The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month[NEW YORK] Oil prices rose 2 per cent on Friday (Jan 9) on growing supply...
Europe stocks close at record as Glencore jumps on Rio Tinto interest
Technology stocks led the advance in the Stoxx 600 on the day and logged their best week in nearly two years[BENGALURU] European shares ended on Friday (Jan 9) at...
Wall Street opens higher after jobs data; tariff ruling awaited
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday (Jan 9), as investors digested weaker-than-expected jobs data, while awaiting a Supreme Court ruling on US President Donald...
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes[NEW YORK] Meta Platforms agreed to a series of electricity...
China probes competition among food delivery platforms to curb price war
Despite a government campaign to rein in overcapacity and stabilise prices, its consumer prices ended 2025 the same as 2024[BEIJING] China will investigate cut-throat competition among food delivery platforms...
China’s GigaDevice Semiconductor locks top-end pricing in HK$4.68 billion Hong Kong listing
[HONG KONG] China’s GigaDevice Semiconductor has set an offer price of HK$162 per H share in its Hong Kong listing, raising HK$4.68 billion (S$772.5 million), according to an exchange...
Philippines central bank sees inflation rising toward target
[MANILA] The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end...
