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Search Result for “energy+price”

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BUSINESS

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.

BUSINESS

Musk: Chinese EV firms will 'demolish' rivals without trade barriers

Reuters, Published on 25/01/2024

» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.

BUSINESS

Singapore, Malaysia weigh passport-free travel

Reuters, Published on 11/01/2024

» KUALA LUMPUR - Malaysia and Singapore agreed to jointly develop a special economic zone and explore a range of measures including passport-free travel to boost trade between the neighbours that each count the other as the No. 2 trading partner.

BUSINESS

Oil down more than 1% as Saudi price cuts offset Mideast worries

Reuters, Published on 08/01/2024

» NEW DELHI - Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worries about escalating geopolitical tension in the Middle East.

BUSINESS

December inflation falls 0.83%, more than forecast

Reuters, Published on 05/01/2024

» Thailand's headline consumer price index (CPI) dropped 0.83% in December from a year earlier, the Commerce Ministry said on Friday, making it the eighth straight month that it was outside the Bank of Thailand's (BoT) target of 1% to 3%.

BUSINESS

World Bank cuts Thai growth outlook

Reuters, Published on 14/12/2023

» Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday.

BUSINESS

Consumer confidence up slightly in Nov

Reuters, Published on 07/12/2023

» Thai consumer confidence rose slightly in November, helped by government measures that reduced energy prices and a relaxing of visa rules for tourists, a survey showed on Thursday.

BUSINESS

Inflation lowest in 33 months

Reuters, Published on 07/12/2023

» Thailand's headline consumer price index (CPI) came in at -0.44% in November from a year earlier, the second consecutive month and lowest in nearly three years, the Commerce Ministry said on Thursday.

BUSINESS

Study reveals world's most expensive cities

Reuters, Published on 30/11/2023

» HONG KONG - Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.

BUSINESS

Cambodia scraps coal power project to build gas-fired plant, import LNG

Reuters, Published on 29/11/2023

» SINGAPORE - Cambodia has abandoned plans to build a US$1.5 billion 700 megawatt (MW) coal-fired power project in a protected reserve along the southwestern coast and will build an 800 MW natural-gas fired plant instead, according to its energy minister.