by Bloomberg.com | Apr 26, 2024 | alerts, Markets/Economy
China’s Wang Yi sees rising ‘negative factors’ in relationship Blinken warns Asian nation on supporting Russia’s war machine President Xi Jinping warned America’s top diplomat that the US shouldn’t target or oppose China, as the world’s largest economies wrapped two...
by Bloomberg.com | Apr 26, 2024 | alerts, Markets/Economy
BHP’s bid for Anglo American shows that copper will be key for the energy transition as the world electrifies. But more needs to be done to ensure there’s ample supply. The metals industry is abuzz with a possible £31 billion ($39 billion) takeover of Anglo American...
by Bloomberg.com | Apr 26, 2024 | alerts, Markets/Economy
Yen’s decline is pushing fossil fuel import costs higher Power bills already set to rise as government curbs subsidies The yen’s relentless decline risks pushing power prices higher for Japan’s households and businesses. Japan buys its fuel in US dollars, and the weak...
by Bloomberg.com | Apr 26, 2024 | alerts, Markets/Economy
Slowing economy may weigh on prices in coming months Rents remain high despite second quarter of declines Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam. Prices for private residences rose...
by Bloomberg.com | Apr 25, 2024 | alerts, Markets/Economy
Cloud and data security company’s shares rise 16% on first day Plane parts maker Loar soars in debut while Marex treads water Rubrik Inc. rose 16% in its trading debut after the cloud and data security startup backed by Microsoft Corp. topped its fundraising goal with...
by Bloomberg.com | Apr 25, 2024 | alerts, Markets/Economy
Avoiding a climate catastrophe is often portrayed as a question of political will. Yet the push to reduce carbon emissions is also a daunting technical and societal challenge. Retooling power and transportation systems to run on renewable energy will require far...
