China’s gasoline demand is set to peak in 2023, two years earlier than expected following the rapid adoption of new-energy vehicles, according to the nation’s largest fuel distributor and seller.
Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will continue as planned, Minister for Trade and Industry Gan Kim Yong said in a written response Thursday.
The ruling Conservatives have lost ground on law and order to the opposition Labour Party, and crime could sway the next general election.
An airline established by Ethiopian Airlines Group in partnership with institutional investors and the Nigerian government plans to start operations in the West African nation as early as October.
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the last of this cycle.
Poland’s hard-coal reserves have almost doubled since last year, prompting a powerful union to warn about the consequences for the country’s own miners just months before a tightly contested parliamentary election.
Sri Lanka sought to calm investors over volatility in its currency after the rupee fell the most in Asia last month, with a central bank official saying there isn’t significant pressure from current-account flows in the near term.
A dizzying rally in Taiwan’s artificial intelligence stocks is showing signs of wear, with Morgan Stanley calling for caution amid stretched valuations.
China released a series of measures intended to ease movement across and within its borders, as the country’s post-Covid economic recovery stalls.
China’s central bank said it would increase funding support for the private sector after meeting with executives from the property industry, identifying several companies by name in a statement that underscores growing urgency among regulators to boost market confidence.
