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Asia: Markets track Wall St rout as confusion, uncertainty reign[HONG KONG] Asian markets fell Wednesday following a rout on Wall Street, as investors were bombarded by a 'perfect storm' of problems that erased the positivity seen at the start of the week. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Saudi Energy Minister says oil market on 'right track'ABU DHABI Saudi Arabia's Energy Minister Khalid al-Falih said yesterday the oil market is 'on the right track' and will quickly return to balance, but oil producers are willing to do more if needed. 'If we look beyond the noise of weekly data and speculators' herd-like...
Source: thenewpaper - 🏆 7. / 63 Read more »
Hong Kong ex-official Patrick Ho convicted in US over bribery schemeNEW YORK - Hong Kong's former home affairs secretary Patrick Ho Chi Ping was convicted by a New York court on Wednesday (Dec 5) over a multi-million-dollar bribery scheme in Africa on behalf of a top Chinese energy company. Ho, 69, was convicted by a jury of seven out of eight charges of violating the Foreign Corrupt Practices Act (FCPA) and money laundering for bribes allegedly directed to top officials in Uganda and Chad to support projects of CEFC China Energy, the Shanghai-based rising star of China's energy industry.
Source: AsiaOne - 🏆 14. / 51 Read more »
East European energy firms charge into EV marketFor trips near their village in western Poland, Jacek Balcer and his wife zip around in their electric cars. But when they want to travel further ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia: Markets stage slight recovery but tech firms soured by Apple[HONG KONG] Most Asian markets rose Thursday after the previous day's sharp losses but technology firms fell after Apple slashed its revenue forecasts blaming slowing China sales. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Energy Market Company offers portal to help Singapore firms procure electricityA NEW electricity procurement portal launched by Singapore Exchange-backed Energy Market Company (EMC) has enabled one business to shave thousands off its electricity bills. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »