Diesel Is Pricing a Scarcity With Winter Demand Looming
At any other time in history, the current state of the global diesel market would have sent some countries into a panic.
At any other time in history, the current state of the global diesel market would have sent some countries into a panic.
Large initial public offerings are expected to return to Indonesia next year as the country’s upcoming polls are seen to reduce political uncertainty, according to its top IPO banker.
South Korea’s early exports kept declining in August in the latest sign of lackluster global trade weighing on economic growth.
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand.
Westpac Banking Corp.’s shares declined after the Australian lender said mortgage-market competition hurt margins and inflationary pressures are contributing to rising costs.
Australia’s facing a major demographic shift in the coming four decades, with the number of elderly citizens predicted to swell, while overall population growth slows.
Strike action in Australia’s LNG sector could begin as early as Sept. 2 if new talks between Woodside Energy Group Ltd. and union officials on pay and conditions fail to resolve disputes. Ballots are also taking place on potential walkouts by workers at Chevron Corp. facilities.
Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy.
The Indonesian rupiah’s gains against the dollar are quickly evaporating, but markets are now betting on a return of foreign inflows to drive up the currency.
Argentina’s economic minister and presidential candidate Sergio Massa will travel to the US on Monday for talks with the International Monetary Fund on the country’s refinancing disbursements amid the peso’s devaluation.