News

Government intervention lowers coal prices in China 11% for thermal coal and 8.8% for coke

• 21 October, 2021
• 4:27 pm EEST

China's coal futures fell amid signs of government intervention to bring record coal prices back to a reasonable range before the start of the winter season. At the start of trading on the Zhengzhou Commodity Exchange on Thursday, the most-traded…

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A new project for Aramco in Dammam with investments of one billion dollars To generate electricity and water desalination in cooperation with the Emirati Taqa and Marubeni of Japan

• 21 October, 2021
• 4:02 pm EEST

The Abu Dhabi National Energy Company "TAQA" and "Marubeni Corporation" "Marubeni" announced today, Thursday, the launch of a partnership to develop a new joint production project for electricity generation and water desalination in Saudi Arabia, in cooperation with Aramco. Sources…

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Gold prices rise for the third day with the decline of the dollar

• 21 October, 2021
• 2:47 pm EEST

For the third day in a row, gold prices continued to rise, supported by the decline in dollar prices, which provided a fertile ground for investors to seek the precious metal. Many investors expect rising inflation to prompt central banks…

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Stocks slip and yen jumps as Evergrande jitters return

• 21 October, 2021
• 10:31 am EEST

Asian stocks slipped on Thursday as the upbeat mood that carried the Dow Jones and bitcoin to records a day earlier ran out of steam, replaced by fresh worries about the weakening Chinese property sector as a possible default by…

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Asia’s Forex news roundup: Yuan gains

• 20 October, 2021
• 3:53 pm EEST

Asia's Forex news roundup: Yuan gains On Wednesday, October 20, 2021, Forex news for Asia trading will be:  The overnight news of China's state planner (the National Development and Reform Commission of the People's Republic of China (NDRC)) threatening intervention…

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