August 22, 2023 12:28 pm
Hong Kong’s Chief Executive John Lee announced on Tuesday that he was strongly against Japan’s release into the ocean of treated radioactive water from the Fukushima nuclear plant. The financial hub will immediately put in place import controls on seafood from Japan, Lee said. Japan intends to begin releasing over 1 million tons of treated […]
Read moreAugust 22, 2023 9:34 am
Science Applications International Corp (SAIC) said on Monday that it had signed a strategic collaboration agreement with Amazon Web Services (AWS) to offer industry-leading services, resources and expertise, which would help government clients better utilize SAIC’s cloud solutions in AWS GovCloud. The collaboration further advances SAIC’s ability to develop and design tailored secure cloud solutions […]
Read moreAugust 22, 2023 7:38 am
Futures on US West Texas Intermediate Crude Oil were trading slightly lower on Tuesday, as market players awaited more clarity on the possible resumption of Iraqi oil exports, which could alleviate supply tightness. Iraq’s oil minister Hayan Abdel-Ghani is expected to discuss several matters, including the resumption of oil exports via the Ceyhan oil terminal, […]
Read moreAugust 21, 2023 12:36 pm
China’s Ministry of Natural Resources has given state oil and gas company Sinopec Corp certification for another 30.55 billion cubic meters (bcm) of proven geological reserves in the Bazhong gasfield of the Sichuan basin. With those new reserves, Sinopec’s total proven geological reserves in the northeastern part of the Sichuan basin have reached 154.7 billion […]
Read moreAugust 21, 2023 9:26 am
The South African Rand began the new week on the back foot against the US Dollar ahead of the BRICS summit and the South African CPI inflation numbers for July. South Africa will host the BRICS summit of emerging market economies from Tuesday to Thursday, with the bloc’s potential expansion being on the agenda. The […]
Read moreAugust 21, 2023 7:27 am
The Australian Dollar steadied against its US counterpart on Monday, being not far from last week’s 9 1/2-month low, as market players looked to the Federal Reserve’s Jackson Hole symposium for interest rate guidance. The Aussie dollar, a liquid proxy for the Chinese Yuan, was still under pressure after China’s move on benchmark lending rates […]
Read moreAugust 18, 2023 12:36 pm
Hungary’s Minister for External Economy and Foreign Affairs Peter Szijjarto announced on Friday that the country could begin receiving shipments of liquefied natural gas from Qatar, the largest LNG exporter worldwide, in 2027. “We have reached a political agreement, which is now followed by talks between energy companies Qatargas and Hungary’s MVM to determine the […]
Read moreAugust 18, 2023 9:38 am
Coty Inc, a leading beauty firm, said on Friday that it had renewed its long-term license agreement with Adidas. The focus of the partnership between the two companies has been set on the intersection of personal care, wellness, sports and sports lifestyle, with pioneering research and innovation into areas such as the impact of fragrance […]
Read moreAugust 18, 2023 7:38 am
After closing at a record low level of 83.1475 per dollar on Thursday, India’s Rupee was slightly firmer on Friday as the US Dollar and US Treasury yields retreated from recent highs. India’s currency has faced considerable selling pressure in recent trading sessions, which prompted the Reserve Bank of India to step in, selling US […]
Read moreAugust 17, 2023 1:33 pm
Canadian Solar Inc said on Thursday that e-STORAGE, which is part of its majority-owned subsidiary CSI Solar Co Ltd, would provide 1,200 MWh (1,519 MWh DC nominal) of energy storage solutions to Recurrent Energy’s Papago Storage project in Arizona. A wholly-owned subsidiary of Canadian Solar, Recurrent Energy will begin constructing Papago Storage in Q3 of […]
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