Finance

Despite the end of China’s export tax refunds on April 1, exports of Chinese solar cells and panels continued to surge in April as demand for solar installations in Africa, Southeast Asia, and Europe soars amid the oil and gas […]

The Rockefeller Foundation and Temasek Trust have, on May 19, announced the launch of the Global Coalition for Nuclear Philanthropy (GCNP), a collaborative initiative to deploy philanthropic capital to support nuclear energy as a driver for clean energy security, economic […]

A global finance watchdog is demanding national regulators better scrutinize private credit, warning that banks, asset managers, insurance and private equity firms are exposed to an assortment of growing risks in the near $2 trillion sector. In a wide-ranging study […]

OCBC Bank has struck a deal to acquire parts of HSBC’s wealth and premier banking portfolio in Indonesia, adding over 300,000 customers to its Indonesian subsidiary and potentially opening doors for Singapore-based staff seeking overseas exposure. This marks the first major […]

Indonesia and China have launched cross-border QR interoperability, marking a significant milestone in deepening financial cooperation and accelerating digital payment integration between the two countries. The initiative, introduced by Bank Indonesia on Thursday, enables users from both countries to conduct […]

Brent oil prices rose as much as 7% on Thursday on a report that the US is considering potential military action against Iran to break the deadlock in negotiations to end the war, increasing concerns of more supply disruptions to already curtailed Middle East exports. […]

Oil prices continued to climb in early Asian trade on Thursday, with traders pricing in a prolonged disruption to Middle East supply flows as inventories continue to shrink. Brent crude for July delivery climbed to $113.09, up 2.65%, while West Texas Intermediate rose […]

Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources in a $16.4-billion deal that will add roughly 370,000 barrels of oil equivalent per day to production and strengthen the […]

Oil prices have climbed higher amid stalled peace talks between the United States and Iran. Brent crude rose more than 2 percent on Sunday after hopes for a second round of ceasefire negotiations between Washington and Tehran unravelled over the […]

Phillips 66 has shipped crude oil from Texas to the U.S. East Coast on a foreign-flagged tanker, the first such cargo since Washington waived the Jones Act last month, Kpler ship-tracking data shows. The Bakken crude was loaded in early […]