Why Indonesia’s EV Ambitions Mean It Will Burn More Coal
Experts predict Prabowo Subianto will boost Indonesia's nickel industry, but his relationship with China and environmental concerns are uncertain.
Asia Mostly Higher, Europe Gains, Gold Inches Toward $2,400 – Global Markets Today While US Slept
On Wednesday, June 5th, U.S. stock markets closed higher, with the S&P 500 and Nasdaq setting record closing…
US Flies B-1B Bomber Over Korean Peninsula: What It Means For Defense Companies, ETFs
B-1B bomber dropped JDAMs while being escorted by South Korean jets. Both were manufactured by Boeing.
Ray Dalio Warns Of US-China Economic Sanctions, Stresses Diversification
Dalio warns of escalating US-China tensions and importance of diversification amid global risks. Economic and political upheaval possible.
BYD’s FinDreams Secures Role In Tesla’s Shanghai Factory, Targeting Over 20% Market Share: Report
BYD's battery manufacturing unit has reportedly started supplying cells to Tesla's energy storage division in China.
NIO, BYD Receive Beijing’s Approval For Autonomous Driving Tests Amid Tesla’s FSD Launch Aspirations In China
However, they must first conduct test and safety evaluations before actual road testing can commence.
Asia Mixed While Europe Markets Advance; Crude And Gold Show Minor Gains – Global Markets Today While US Slept
Asian markets showed mixed results on Tuesday, with Japan's Nikkei 225 and China's indices closing lower, while Australia's S&P/ASX 200 and India's Nifty 50 saw gains. In commodities, Crude Oil WTI, Gold, Silver, and Copper traded higher, despite oil prices remaining near four-month lows.
Coal Stocks Take A Breather As Trading Sentiment Sours In Commodities Markets: Was The Election In India A Factor?
Coal stocks dip in India on speculation of leadership change, but experts say it's more likely due to short-term trading and global market trends.
Australia Orders China-Linked Investors To Divest From Rare Earths Miner Northern Minerals
Australian Treasurer Jim Chalmers ordered China-linked investors to divest from rare earths miner Northern Minerals to protect national interest.
Modi Set To Lose India Majority, Needs Allies To Keep Power
Modi set to lose majority in Indian elections, leading to speculation of coalition government and impact on stock market.