The temporary trading ban on Jane Street may dent options volumes and weigh on earnings for intermediaries like Nuvama Wealth, which counted the quant firm among its key clients, according to Jefferies. In contrast, BSE may see limited impact, as foreign investors account for only a tiny portion of the bourse’s derivatives segment turnover, the […]
The Southeast Asian nation expects to wrap up trade negotiations before the Aug. 1 deadline set by the US, Pichai told a local television channel on Tuesday. Trump has set the levy on Thailand without taking into account its revised proposals to increase market access by removing tariff and non-tariff barriers on a number of […]
“We expect that China’s LNG imports will remain weak in the second half of the year, amid subdued demand, higher piped gas imports and an uncertain macroeconomic outlook,” said Gergely Molnar, a gas analyst at the International Energy Agency. Russian piped deliveries to China are expected to increase by around 25% in 2025, he added.
A regional stock gauge fell 0.7%, with declines in Hong Kong and Japan. The US will send out tariff letters, and also announce trade deals, from 12 pm eastern time on Monday, Trump said in Truth Social post. Any country aligning with the BRICS group of nations will face an additional 10% levy, with no […]
“Jet was China‘s solution to demand destruction in gasoil and gasoline, but all it did was shift the problem elsewhere,” said Zameer Yusof, a middle distillates analyst at Kpler, who forecasts a surplus of 390,000 barrels per day in the country this year. “Chinese international travel looks weak, contributing to the glut we’re seeing.”
Brent slid as much as 1.6% toward $67 a barrel after falling 0.7% on Friday, and West Texas Intermediate was below $66. The group led by Saudi Arabia decided on Saturday to increase supply by 548,000 barrels a day, putting OPEC+ on track to unwind its most recent output cuts a year earlier than planned.
A final investment decision is expected in the third quarter of 2026, with production at the site at Coega, near the city of Gqeberha, expected to start three years later, the company said. It would make more than 1 million tons of green ammonia a year. The product is a more easily shipped derivative of […]
In South Korea, Samsung Electronics Co.’s hit from US tariffs may be smaller than feared after Vietnam agreed on a 20% levy on exports to the US, down from the 46% rate announced in April, BI said. With most of its smartphones made in Vietnam and shipped to the US, the tariff impact on operating […]
The Ministry of Industry and Information Technology said in a statement that it would strengthen its guidance over the industry to help it solve urgent problems. Minister Li Lecheng met Thursday with leaders from 14 solar companies, and stressed that they need to better manage disorderly competition and speed up the elimination of outdated production […]
A major draw for global investors like Cerberus has been Indian companies’ balance sheets. On average the loan-to-value ratio among Indian private credit borrowers, which measures the size of a financing against its collateral, is about 40%, Ghosh said. “In the rest of Asia, and even in developed markets, the gauge would be over 60%,” […]