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Adnoc Offers $13 Billion to Acquire Covestro, Paving Its Way Into Chemical...

Adnoc’s primary source of revenue until 2016 was the export of crude oil to Asia. Abu Dhabi’s state energy company, Adnoc is making its largest global acquisition by purchasing a significant chemical...

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Philippines Targets Its First Nuclear Power Plant By 2032, Enters New Nuclear...

Undersecretary Garin declared 2024 as the landmark year for the nuclear goals of the Philippines, signaling the declaration of the nuclear strategy. The Philippines is going to make a historic leap...

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Mercedes, Porsche ‘Under Threat’ as China Enters Luxury Car Market

Even if there is a legacy for Mercedes and Porsche, consumers are also increasingly interested in Chinese cars. Mercedes Benz Group AG was once a leader in automotive refinement and is now having...

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Fed Cuts and China’s NPC in Focus as Investors Brace Pre-US Election Tension

Besides the US election, investors will also focus on the NPC of China standing committee meeting. Financial markets have started with Asian shares damped and the dollar slightly relaxed ahead of a...

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Trump Victory: Asia Worries While Wall Street Rejoices

Trump has assured American voters that 60% tariffs would be imposed on Chinese goods and 10-20% on good from other countries which is bound to cause serious economic crisis in Asia. US President...

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COP29: What To Expect From This Year’s Conference?

The conference (COP29) is one of the most anticipated international summits, as the agenda for 2024 will center around climate finance. The 29th Conference of the Parties (COP29) is set to begin on...

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UAE Stock Market Hits $1 Trillion Milestone As IPO Booms

UAE stock market growth was due to successful IPOs, increased foreign inflows, and strong corporate earnings. The UAE stock market has reached a market capitalization of $1 trillion, largely due to...

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Rapid $1.7 Billion Solar Boom in Pakistan Revolutionizes Agriculture Sector

Pakistan can achieve the goal of getting 60% of its energy from renewable sources by the end of the decade. The dusty agricultural land of Pakistan now gets installed with rows and rows of solar...

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Citigroup Faces $17M Loss in Australia’s Largest Block Trade in Seven Years

Citigroup’s challenges highlight the risks of handling significant stock sales in a highly competitive part of Asia Pacific. Citigroup offered a lower price than its competitors this week to secure...

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SEC Crypto Task Force Gives Green Light For Long Awaited Regulatory Clarity

SEC wants the recently established Crypto Task Force to establish cryptocurrency regulations to protect investors from fraud and rug pulls. The industry is ecstatic that the Securities and Exchange...

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