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Galp Makes Another Oil and Gas Discovery Offshore Namibia.

Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotsp...

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Nomura Asset Manager Merging ‘¥1 Trillion’ Underperforming Fund.

A Nomura Asset Management equity investment trust that was once called the “¥1 trillion fund” due to its size is effectively being combined with one of the firm’s flagship p...

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Franklin Templeton Files for Solana-Based ETF as Cryptocurrency Investment Products Grow in Popularity.

On Feb. 21, 2025, Franklin Templeton, a major global asset management firm, filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) b...

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Thai car production slumps 24.63% in January as sales, exports fall.

Car production in Thailand fell a surprisingly large 24.63% in January from a year earlier to 107,103 units due to weak domestic sales and exports, the Federation of Thai Industrie...

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Trump Targets China With Biggest Salvo So Far in Second Term.

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top ...

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Warren Buffett offers Donald Trump some advice while Berkshire Hathaway’s cash pile swells to $334 billion.

In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a stru...

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Saudi banks’ new residential mortgages rise 17% to $24bn.

Saudi Arabia’s banks issued SR91.1 billion ($24.28 billion) in new residential mortgages to individuals in 2024 — a 17 percent rise on the previous year, according to official ...

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Fed’s QT pause, Treasury’s debt plans may offer fleeting relief to US bonds.

A potential slowdown of the Federal Reserve’s balance sheet drawdown and Treasury Secretary Scott Bessent’s assurance against imminent long-term debt hikes could offer relief i...

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China’s foreign investment sank in January. Can Beijing turn things around?

Inbound investment in China plummeted to a four-year low in January, as the world’s second-largest economy grapples with a flurry of headwinds. The Ministry of Commerce reported...

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Saudi Arabia raises $818m in February sukuk sale .

Saudi Arabia raised SR3.07 billion ($818 million) through its February sukuk issuance as the Kingdom continues to tap debt markets to support economic diversification efforts. The ...

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Recent Posts

  • SK Group proposes $10 billion in LNG investments across Vietnam.
  • Shell Set to Add 12 Million Tons of LNG Capacity by 2030.
  • US and China agree framework deal to extend trade war truce
  • Russia says plan to boost role in Africa includes ‘sensitive’ security ties.
  • The US has $36 trillion in debt. What does that mean, and who owns it?

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