- January 11th, 2025
In a mixed session for Asian markets, Japanese stocks saw gains on Wednesday, while most other markets in the region fell as investors treaded cautiously ahead of the upcoming US presidential election and a pivotal Federal Reserve rate decision next...
Japan’s energy sector, Tohoku Electric Power Company announced that Unit 2 at the Onagawa Nuclear Power Plant in northeastern Japan's Miyagi region, adjacent to the Fukushima prefecture, has resumed operations after years of extensive upgrades. The unit became the first...
China's electricity demand is projected to surge faster than previously anticipated in 2024, spurred by intense summer heatwaves and the economic stimulus initiatives designed to revitalize demand, according to the China Electricity Council’s (CEC) latest quarterly report. The council, which...
To countering perceived threats to national security, the Biden administration has finalized rules to restrict U.S. investments in sensitive Chinese technologies. The new guidelines, announced by the Treasury Department on Monday, October 28, will effectively prohibit U.S.-based firms, citizens, and...
In volatile trading on Tuesday, Asian stocks presented a mixed picture, reflecting investors' heightened anticipation of major tech earnings reports from Wall Street. This week's lineup, including results from Alphabet, Meta, Microsoft, Apple, and Amazon, has markets on edge. Meanwhile,...
Oil prices saw a moderate uptick on Tuesday following a dramatic drop on Monday, with Brent crude futures increasing by 0.6% to $71.86 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by 0.7% to $67.83. The bounce was...
The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
Asian markets experienced gains as global investors brace for a crucial week marked by key U.S. economic data releases and the approaching U.S. presidential election. Equities climbed in major markets, including Hong Kong, Tokyo, and Australia, while Chinese markets showed...
In a landmark move for China’s state-run oil industry, PetroChina is preparing to shutter its largest oil refinery in northern China, located in Dalian, around mid-2025. The Dalian Petrochemical refinery, which boasts a processing capacity of 410,000 barrels per day...
China’s private tutoring industry is experiencing a quiet but clear resurgence following three years of regulatory pressure, as authorities pivot subtly towards supporting economic growth and job creation. Although no official statements have been issued, industry experts and insiders report...
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