Curated and linked market/company news with enrichment tags.
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Singapore is planning to expand its gold-storage capacity to become a custodian of bullion held by foreign central banks, part of a broader push by the city-state to compete with Hong Kong as a regional hub for the precious metal.
India has cut taxes on diesel and gasoline to cushion the impact of surging crude prices on its refiners, as a deepening conflict in the Middle East disrupts global supply.
India Friday announced a series of tax changes on transport fuels to shield its customers from supply and price shocks arising out of the ongoing conflict in the Middle East.
India has announced a series of tax changes including a levy on fuel exports, as the country tries to shield consumers from the impact of a deepening conflict in the Middle East that has upended energy supply.
India has announced a series of tax changes including a levy on fuel exports, as the country tries to shield consumers from the impact of a deepening conflict in the Middle East that has upended energy supply.
WeRide Founder & CEO Tony Han says the company’s share price is “heavily undervalued,” as its path to profitability becomes clearer this year. Han adds that key regulatory hurdles have been removed, helping to smooth WeRide’s overseas expansion as demand for autonomous driving technology grows. He spoke exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Copper rose on Friday — and was headed for its first weekly gain this month — on optimism that US efforts to end the war in Middle East would bear fruit and prevent a slowdown in global growth.
Copper rose on Friday — and was headed for its first weekly gain this month — on optimism that diplomatic efforts to end the war in the Middle East could bear fruit and prevent a slowdown in global growth.
Copper steadied — heading for its first weekly gain this month — amid signs of rebounding Chinese demand and optimism that efforts to end the Middle East conflict could bear fruit and prevent a global growth slowdown.
Copper posted its first weekly gain this month amid signs of rebounding Chinese demand even as war in the Middle East continues to roil markets.
Soaring energy prices are expected to impact China's economy less than most other countries, due to its massive oil reserves and alternative energy sources.
China’s liquefied natural gas imports this month are on pace to hit the lowest level since 2018, according to ship-tracking data compiled by Kpler, as a price spike caused by the conflict in the Middle East curbs demand.
Australia’s corporate regulator is boosting supervision of the private credit industry by requesting more detailed data from funds on a weekly basis as scrutiny grows on the $1.8 trillion industry worldwide.
Australia’s corporate regulator is boosting supervision of the private credit industry by requesting more detailed data from funds on a weekly basis as scrutiny grows on the $1.8 trillion industry worldwide.
Japan will allow more use of coal-fired power plants in an effort to boost security of supply to cope with the energy shock from the war in the Middle East.
Japan will allow more use of coal-fired power plants in an effort to boost security of supply to cope with the energy shock from the war in the Middle East.
Recent currency gains likely to be temporary unless external pressure eases.
The U.S. president said he would pause attacking Iran’s energy infrastructure for another 10 days late Thursday as stocks tumbled.
Chinese polysilicon prices fell for a fourth week on persistent bearish sentiment around the supply and demand outlook.
A federal judge in San Francisco granted Anthropic's request for a preliminary injunction in its lawsuit against the Trump administration.
It is unclear if and how much the AFT boycott could hurt Target, which is trying to win back shoppers and return to sales growth.
Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
DBS Group Holdings Ltd. has entered India’s buoyant equity capital market, marking a push into one of the world’s busiest venues for share sales.
