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Netherlands
May 19, 2025

World Court supports Equatorial Guinea on islands dispute with Gabon

The International Court of Justice (ICJ), which has been resolving a dispute between Gabon and Equatorial Guinea for decades, ruled Monday that Equatorial Guinea had a claim...

United States
May 19, 2025

After Moody's US downgrade, gold firms are seeing a surge in demand for safe-havens.

Gold prices rose on Monday as a result of a weaker dollar and heightened demand for safe-haven assets after Moody's lowered the credit rating of the U.S....

Scandinavia
May 19, 2025

Denmark Plans to Subvention Up to $8.3 Billion for Offshore Wind Energy

Denmark's energy ministry announced on Monday that it will hold a tender for offshore wind power with a three-gigawatt capacity, enough to power 3 million homes. The...

Indonesia
May 19, 2025

In the Pertamina case, Indonesia contacts trading firms in Singapore

It was announced on Monday that the Indonesian Attorney General's Office had contacted a number trading firms in Singapore about a corruption probe involving Pertamina. In the...

China
May 19, 2025

Six people killed by heavy rains in China's South, disaster alerts issued

State media reported that heavy rains over the weekend in China's southern Guangdong province and Guangxi affected trains and power supplies, and killed at least six. There...

United Kingdom
May 19, 2025

British carbon prices increase after news of EU-Linkage Deal

As part of a broader reset in their relations, Britain and the European Union said Monday that they would work to link their respective carbon markets. This...

China
May 19, 2025

Sources say that Shanghai Exchange is looking to open up domestic nickel contracts to foreigners in this year.

Two sources familiar with the matter have confirmed that the Shanghai Futures Exchange is looking at opening its domestic nickel contract to foreign investors in this year...

Japan
May 19, 2025

EU to lower price cap on Russian Oil to $50 Per Barrel

Valdis Dombrovskis, European Economic Commission Commissioner, said that the EU will propose this week to the G7 Finance Ministers a reduction of the current $60 per barrel...

China
May 19, 2025

Aluminium prices fall as stocks and Chinese supplies increase

Prices of aluminium fell on Monday, following a rise in stocks registered at the London Metal Exchange and Chinese data showing a rising production. In official open-outcry...

China
May 19, 2025

China's crude oil surplus surged in April, as refinery output dipped. Russell

In April, the amount of crude oil that was available in China for storage grew for a second consecutive month. Imports were relatively high while refinery processing...

United States
May 19, 2025

Blackstone's $11.5 billion TXNM Energy investment is a bet on the soaring demand for power

Blackstone Infrastructure is acquiring utility company TXNM Energy for $11.5 billion, including debt. The investment firm is betting on the rising demand for electricity in the U.S....

Saudi Arabia
May 19, 2025

Malaysia's Prefchem restarts its gasoline unit after repairs, say sources

Four sources with knowledge of the matter have confirmed that Malaysia's Pengerang Refining Company, or Prefchem, has restarted its residue fluid catalytic (RFCC), after it was shut...

Renewable Energy
May 19, 2025

German Spot rises due to higher demand

The European spot electricity price for Tuesday delivery increased on Monday, compared with the previous week, due to a decline in wind production and a rise in...

Ukraine
May 19, 2025

According to Ukrainian media, Russians have killed an elderly woman and man in Kherson.

Police and regional officials confirmed that a man and a woman in their 70s were both killed in separate Russian strikes on Kherson in southern Ukraine. Local...

United Kingdom
May 19, 2025

Gold prices rise on dollar weakness and US downgrade

Gold prices increased by more than 1% Monday. This was due to a weaker US dollar and a demand for safe-haven assets after Moody's lowered the credit...

Indonesia
May 19, 2025

Six dead, 14 missing after landslide at Indonesian Papua gold mine

Officials said that torrential rains on Monday forced a halt to the search for Indonesia's 14 missing people in its easternmost region, Papua. A landslide at a...

China
May 19, 2025

China's economic data weakens, causing iron ore to fall

Iron ore futures declined on Monday due to weaker than expected economic data from China, the top steel-making consumer. The day-traded price of the most traded September...

China
May 19, 2025

Asian petrochemical producers chase ethane gains as margins dwindle

As they struggle with thin margins and a global oversupply of petrochemicals, executives from several Asian companies said that they plan to reconfigure crackers in order to...

Indonesia
May 19, 2025

Pertamina Indonesia is seeking up to 2.8 millions barrels of petrol for July-December. This excludes Singapore supplies

Documents released on Monday showed that Indonesia's Pertamina had issued five tenders to supply nearly 3 million barrels per month of gasoline for delivery between July-December. Two...

Australia
May 19, 2025

Australia's Mineral Resources names Malcolm Bundey the next chair; share prices slide

Mineral Resources, Australia's lithium miner, announced on Monday that it had appointed Malcolm Bundey to the position of non-executive chairman. McClements was replaced after 10 years in...

United States
May 19, 2025

Oil prices drop as US and China concerns weigh

The oil prices fell on Monday due to the downgrade by Moody's of the U.S. government's sovereign credit rating, and data from China that indicated a slowdown...

China
May 19, 2025

China's crude oil surplus surged in April, as refinery output dipped. Russell

In April, the amount of crude oil that was available in China for storage grew for a second consecutive month. Imports were relatively high while refinery processing...

Indonesia
May 19, 2025

Indonesia searches for 19 missing people following a landslide in a gold mine in Papua

Officials said that 19 Indonesians were missing after heavy rainfall caused a landslide in a gold mining area of Papua. Abdul Muhari said that torrential rains caused...

France
May 19, 2025

MORNING BID EUROPE - So, China should consume less and the US more?

Wayne Cole gives us a look at what the future holds for European and global markets. A miss in China's retail sales has been the biggest disappointment...

Saudi Arabia
May 19, 2025

Goldman is cautious about oil prices, as the prospect of increased Iranian supply weighs.

Goldman Sachs stated on Sunday that it will maintain a cautious outlook for oil prices as the pressure of likely increased Iranian supply and higher OECD Commercial...

United Kingdom
May 19, 2025

London Copper eases after weak data on China demand

After data showing a slowdown in industrial output in China, concerns about the demand outlook for copper in China led to a slight decline in London's copper...

China
May 19, 2025

China's economic data is muted as iron ore prices fall

Iron ore futures fell on Monday due to tepid data from China, the top steel-making consumer. Also, there was uncertainty about demand in the near term. As...

China
May 19, 2025

China's April crude steel production misses expectations

China's crude output of steel in April fell 7% compared to March. This was contrary to analysts' expectations, who expected a rise due to healthy profits and...

United States
May 18, 2025

Gold prices rise as Trump's tariffs and a soft dollar spur demand for safe-haven assets

Gold prices rose on Monday, as a weaker dollar and renewed tensions in the trade wars - following U.S. Treasury Sec. Scott Bessent reaffirming President Donald Trump's...

United Kingdom
May 18, 2025

London Copper rises as Dollar drifts lower

The copper price in London increased slightly on Monday, following a slight decline in the dollar. However, President Donald Trump's renewed threat of tariffs halted gains. As...

Australia
May 18, 2025

Australia's New Hope drops after reducing coal production and sales forecasts

New Hope Corporation, an Australian coal miner, saw its shares fall 7% Monday after it lowered its production and sales estimates for the year, citing problems with...

United Kingdom
May 18, 2025

China data shows that oil prices are little changed, as investors focus on Iran-US talks

The oil price was little changed Monday as investors awaited the outcome of the Iran-U.S. Nuclear Talks and the key economic data from China in order to...

Hong Kong
May 18, 2025

Five people killed by heavy rains in China's South, authorities issue disaster warnings

Five people were killed and several others went missing in heavy rains that swept through southern China's Guangdong province and Guangxi Province over the weekend. Authorities had...

Hong Kong
May 18, 2025

LME WEEK: Trump, China and tariffs as the metals industry gathers to Asia

The metals industry will gather in Hong Kong to celebrate its annual event. They'll be focusing on the huge amounts of copper that are being diverted from...

United States
May 18, 2025

Report says Buffett will sit with board members and not appear on stage at the 2026 Berkshire meeting.

The Omaha World-Herald published a report on Sunday that Warren Buffett, founder and chairman of Berkshire Hathaway, will not be making his usual appearance at the 2026...

Israel
May 18, 2025

How can Trump bring peace to Ukraine?

Donald Trump said that he would be meeting with the presidents from Russia and Ukraine to discuss stopping the "bloodbath" in Ukraine. What are the obstacles that...

Australia
May 18, 2025

Central Coast wins A-League Women's Grand Final in penalty shoot-out victory

Central Coast Mariners have won the A-League Women’s Grand Final in Australia with a 5-4 shoot-out victory over Melbourne Victory, after a 1-1 tie following extra time....

United States
May 18, 2025

Israel airstrikes kill 100 or more in Gaza during ceasefire talks

Local health officials said that Israeli airstrikes in the Gaza Strip killed at least one hundred Palestinians overnight. This was announced as mediators held a new round...

Mexico
May 17, 2025

Mexican security forces kill 12 and arrest 9 during raid on suspected gang site

Mexico's Security Ministry reported that Mexican security forces arrested nine suspected members of a criminal gang and killed twelve others during an operation on Saturday in a...

Germany
May 17, 2025

Meloni warns EU's green policies could lead to 'industrial desertification.

Giorgia Mello, the Italian prime minister, warned on Saturday against rigid green policies that could destroy Europe's industrial base. She called for a more conservative approach to...

United States
May 17, 2025

At least 21 people have died in Kentucky and Missouri as a result of severe storms

Officials said that at least 21 people died overnight in Kentucky and Missouri as a volatile weather pattern spawned a tornadoes across the Midwest and Great Lakes...

France
May 17, 2025

France's Orano is exploring the sale of Niger uranium, reports FT

The Financial Times reported that the French nuclear fuel company Orano, owned by the French government, is looking to sell its uranium assets located in Niger, following...

United States
May 17, 2025

Governor says at least 14 people have died in severe storms that ripped through Kentucky.

The Governor Andy Beshear announced on Saturday that at least 14 people died overnight in Kentucky as a result of severe storms. This is expected to increase,...

United States
May 17, 2025

Local health officials say that Israeli strikes in Gaza have killed 146 Palestinians within 24 hours.

Local health officials said that Israel's airforce has killed or injured at least 146 Palestinians over the last 24 hours in new attacks against Gaza. The country...

Nigeria
May 17, 2025

Security sources report that at least 23 people were killed by militants in an attack on Nigeria

Security sources and local residents reported that at least 23 farmers and fisherman were killed, and other people abducted in Borno State, northeastern Nigeria this week. Nigeria...

Qatar
May 17, 2025

Israeli strikes kill 58 Palestinians in overnight attacks

Local health authorities reported on Saturday that Israel's airforce had killed at least 60 Palestinians overnight in new attacks against Gaza. The country appears to be preparing...

Wind Farms
May 17, 2025

Estonia Grants First Offshore Wind Construction Permit

The Government of Estonia has approved a draft bill granting the country’s first construction permit for an offshore wind farm to Saare Wind Energy, which plans to...

United States
May 16, 2025

US order allows Puerto Rico's power grid to be bolstered with fuel oil plants

Energy Secretary Chris Wright of the United States issued an order Friday allowing Puerto Rico's government-owned utility to fill in chronic electricity shortages on the island using...

Crude Oil
May 16, 2025

Gold prices to suffer big loss this week despite global equity gains

Wall Street gained Friday as European shares rose to a fifth consecutive weekly gain, thanks to positive earnings that sustained the rally ignited by a U.S. China...

United States
May 16, 2025

Southern California Edison presents a three-year plan for wildfire mitigation

Southern California Edison, a division of Edison International, announced on Friday that it had submitted to California's Office of Energy Infrastructure Safety a Wildfire Mitigation Plan for...