Showing 1 - 10 of 144
China's central bank adds to gold reserves as price soars
Reuters, Published on 08/04/2024
» LONDON - China's central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported gold's continuing rally.
EVs will be cheaper to produce by 2027
Reuters, Published on 07/03/2024
» BENGALURU - Battery electric vehicles (BEVs) will be, on average, cheaper to produce than a comparable internal combustion engine by 2027 thanks to new manufacturing methods that are lowering production costs, market research firm Gartner said on Thursday.
India rice rates extend rally on low supplies; Thai prices ease
Reuters, Published on 02/02/2024
» BENGALURU - Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.
What happens next after China Evergrande ordered to liquidate
Reuters, Published on 29/01/2024
» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.
China property market shows little signs of revival despite stimulus
Reuters, Published on 20/10/2023
» HONG KONG/BEIJING - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures to help revive activity in the sector which makes up a quarter of the nation's economic output.
Srettha holds talks with Tesla chief Musk
Reuters, Published on 22/09/2023
» Prime Minister and Finance Minister Srettha Thavisin said on Thursday he held talks with Tesla chief Elon Musk during a visit to New York and they discussed the electric vehicle (EV) industry.
India allows exports of non-basmati white rice trapped at ports
Reuters, Published on 30/08/2023
» NEW DELHI - India has allowed traders to ship out their non-basmati white rice cargoes sitting at ports due to a sudden ban on exports of the category, a government order said late on Tuesday.
Philippines looks to import 500,000 tonnes of rice
Reuters, Published on 16/08/2023
» MANILA: The Philippines' Department of Agriculture is recommending additional rice importation of about 500,000 metric tonnes to cover potential crop losses from the El Nino dry weather condition, a senior official said on Wednesday.
Rice prices set to climb further
Reuters, Published on 21/07/2023
» SINGAPORE: Asian rice trade paused on Friday to digest the previous day's ban by India, by far the world's biggest supplier, of a major share of its exports of the staple, with prices expected to climb substantially in coming days, three traders said.
PTT in advanced talks with Qatar for LNG deal
Reuters, Published on 07/07/2023
» SINGAPORE/LONDON: Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, according to four trading sources.