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China's crude oil imports from Russia rose by 1% in 2024 compared to 2023, while imports from Saudi Arabia declined by 9% as refiners favored discounted Russian supplies. The total import volume from Russia amounted to a record high of 108.5 million metric tons.
Published on: January 20, 2025, 09:02 AM UTC
Indonesia's domestic carbon exchange opens trading to foreign participants, aiming to restore its position as a major hub for offsets and attract more investment for local climate action.
Published on: January 20, 2025, 09:01 AM UTC
Bitcoin surges past $109,000 as investors bet on President-elect Donald Trump's pro-cryptocurrency stance and potential actions, including a U.S. crypto stockpile, industry-friendly regulations, and appointing a crypto czar.
Published on: January 20, 2025, 09:01 AM UTC
Bitcoin Surges to Over $109,000 Ahead of Trump's Inauguration, Signaling Hopes for Crypto-Friendly Policies
Published on: January 20, 2025, 09:01 AM UTC
European and U.S. stocks rise, dollar weakens ahead of Trump inauguration; Bitcoin surges to a record.
Published on: January 20, 2025, 09:00 AM UTC
The US stock market (NYSE and Nasdaq) will be closed on Monday, January 20th, 2025, in observance of Martin Luther King, Jr. Day.
Published on: January 20, 2025, 09:00 AM UTC
Bank of Japan set to raise interest rates for the first time since 2008, following signs of rising inflation and wage growth. Economists predict a hike to 0.5%, signaling a move away from ultra-loose monetary policy. The decision comes amid uncertainty over global markets due to U.S. President-elect Donald Trump's policies.
Published on: January 20, 2025, 08:02 AM UTC
Asian shares climbed after a conversation between Donald Trump and Xi Jinping raised hopes for easing US-China tensions. The stronger appetite for risk assets in Asia came after Trump and Xi discussed trade, TikTok, and fentanyl, which may set the tone for relations in the early days of the new administration.
Published on: January 20, 2025, 08:01 AM UTC
Goldman Sachs estimates a 50% chance of a 10% copper tariff by end of Q1, 40% for oil, and 10% for gold.
Published on: January 20, 2025, 08:00 AM UTC
Optus, Australia's #2 telecom carrier, is looking to sell its sports streaming platform Optus Sport to media house Nine Entertainment, the Australian Financial Review reports.
Published on: January 20, 2025, 08:00 AM UTC