Brunei Energy Services & Trading and global energy trader Vitol have extended their long-term liquefied natural gas purchase and sale agreement, reinforcing a partnership first established in 2022. Under the extension, BEST will supply Vitol with up to four cargoes of LNG per year between 2028 and 2031, continuing deliveries to Vitol’s Asian portfolio. The…
Pictet co-CEO Sagayam talks about global investment opportunities Source link
In a recent market update, European property stocks saw a notable three-day rise, marking their most substantial advance since March. At the same time, oil prices rose above $70 a barrel in New York as traders carefully assessed the impact of supply cuts. With U.S. stock markets closed for the Independence Day holiday, global stock…
In an encouraging sign of growing optimism, both consumer confidence and the S&P 500 index are rising, signaling a possible economic recovery and a move away from a recession. The latest data from the University of Michigan shows a notable 13% increase in consumer confidence in July, marking the second consecutive month of improvement and…
Stocks across Asia saw a rally, notably led by gains in Hong Kong and Shanghai, boosted by unconfirmed reports suggesting China’s intention to inject approximately 2 trillion yuan (equivalent to $278 billion) to support its struggling markets. According to an undisclosed Bloomberg report, China is considering accessing offshore funds held by state-owned enterprises and local…
Stocks were mixed in Asia on Friday, mirroring recent all-time highs on Wall Street, driven in particular by substantial gains in chipmaker stocks. The Nikkei 225 in Japan briefly surpassed the 41,000-point mark earlier in the day, but ultimately closed down 0.2% at 40,888.43. However, Chinese real estate and technology sectors dragged down the Shanghai…
The United States already imposes 30 percent tariffs on Chinese imports, meaning Donald Trump’s latest threat would take taxes to 130 percent – Shawn Thew/Pool/EPA/Shutterstock Donald Trump’s threat to impose new 100% tariffs on China has triggered one of the biggest cryptocurrency crashes in history and stoked fears of chaos in global markets next week….
The news that Israel and Hamas had agreed on the first phase of a deal to end the Gaza conflict eased geopolitical concerns (HAZEM BADER) Asian markets were mixed on Thursday as investors tried to assess the prospects for the AI-driven global rebound, Federal Reserve interest rates and the ongoing US government shutdown. The news…
