Energy executives claim that despite the incredibly low petrol costs currently in place, they are placing their money on a wave of new LNG plants that will increase demand for the fuel and drive up prices.   This year, the price of natural gas has dropped by one-third due to a milder winter,...

Chinese Premier Li Qiang addressed a gathering of international CEOs and Chinese policymakers, and stated that that China will closely examine issues related to market access and cross-border data flows and will shortly release new rules in these areas.   "We cordially welcome companies...

According to senior industry sources, some western banks are lobbying against EU measures to transfer billions of euros in interest generated on frozen Russian assets because they believe it could result in expensive legal action.   Leaders of the European Union decided on Thursday to...

With Switzerland being the first big economy to lower interest rates and the Bank of Japan rising for the first time in 17 years, central banks around the world reached a critical juncture this week.   The markets are still attempting to determine when the majority of the most powerful...

At his acrylic panel manufacturing company in Tokyo, Satoaki Kanoh will soon have to replace over a dozen aged machinery. This is a significant project that he fears may get even more expensive.   "My goal is to perform one every year. However, I don't have that much money," Kanoh remarked...

The unusually ambiguous benchmark that Federal Reserve governors set for when the American central bank should begin reducing interest rates was "greater confidence" that inflation was on a sustainable downward path. This was the reason they departed their policy meeting in late January.  ...

The Bank of Japan (BOJ) marked a historic departure from its focus on reflating growth with decades of huge monetary stimulus on Tuesday, ending eight years of negative interest rates and other remains of its unconventional policy.   Although it was Japan's first interest rate increase in 17...

The government pension fund in Japan announced on Tuesday that, as part of its investigation into possible new investments, it is seeking information on "illiquidity assets," including bitcoin.   The Government Pension Investment Fund (GPIF) of Japan, which holds the title of largest pension...

According to calculations by the US Department of Energy's Energy Information Administration (EIA), US oil exports rose by 13% from 2022 to a record 4.1 million barrels per day (bpd) in 2023. Oil exports from the nation were prohibited until 2015, at which point they were permitted, with the...