Culture

China’s CNOOC makes second big oil find in Bohai Sea
[ad_1] [BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its...
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
[ad_1] [SINGAPORE] Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people familiar with the matter.Other suitors for the...
Malaysia’s Petronas signs LNG supply deal with China’s CNOOC
[ad_1] [KUALA LUMPUR] Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC with 1 million metric tons per...
S Korea pension fund initiates new round of strategic FX hedging to support won
[ad_1] The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar[SEOUL] South Korea’s national pension fund has initiated a new round of...
Asian markets mostly up after US growth fuels Wall St record
[ad_1] [HONG KONG] Most Asian stocks rose on Wednesday (Dec 24) and gold topped US$4,500 for the first time as investors tracked a record on Wall Street following forecast-beating US...
Loaded supertanker returns to Venezuelan waters amid US interceptions: TankerTrackers.com
[ad_1] PANAMA-FLAGGED crude carrier Kelly, which had departed from Venezuela carrying oil last week, has returned to Venezuelan waters following the US interception of more tankers, monitoring service TankerTrackers.com said...
European shares close at fresh record high as Novo Nordisk drives healthcare boost
[ad_1] EUROPEAN shares closed at a new peak on Tuesday, powered by gains in the healthcare sector, after heavyweight Novo Nordisk clinched US approval of its weight-loss pill.The pan-European Stoxx 600 added...
US stocks: S&P registers record close as growth stocks advance
[ad_1] [NEW YORK] US stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth pushed bond yields...
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
[ad_1] The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates[NEW YORK] ServiceNow has reached a deal to buy the cybersecurity startup Armis...
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
[ad_1] This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee[MUMBAI] India’s central bank announced fresh measures aimed at...
Paramount’s new offer for Warner Bros is not sufficient, major investor says
[ad_1] The investors now have until Jan 21 to accept or reject the so-called tender offer[LOS ANGELES] Paramount Skydance’s latest offer to buy Warner Bros Discovery still is not good...
Chip turmoil will worsen on Nexperia spat: Wingtech chair warns
[ad_1] Ruby Yang adds that as the dispute continues, the damage to global industrial chain, investment confidence and shareholders deepens[BEIJING/FRANKFURT] Wingtech Technology chairwoman Ruby Yang warned that global chip supplies...