Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood | Getty Images News | Getty Images The looming threat of strikes at Australian natural gas facilities will keep global gas markets on tenterhooks, energy … Read more
This picture taken on August 23, 2022 shows a view of the exterior of the headquarters of the Bank of Israel, the country’s central bank, in Kiryat Ben-Gurion in Jerusalem. Ahmad Gharabli | Afp | Getty Images Bank of Israel Governor Amir Yaron said Tuesday that currency intervention to support the weaker shekel will only … Read more
Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images BEIJING – Chinese tech giant Baidu announced more than 10 new AI-based applications on Tuesday, just days after its ChatGPT-like Ernie bot was released for public use. Among the product reveals was a … Read more
Sam Altman, chief executive officer of OpenAI, at an event in Seoul, South Korea, on Friday, June 9, 2023. Bloomberg | Bloomberg | Getty Images Indonesia has awarded OpenAI chief executive Sam Altman its first “Golden Visa” — a week after the scheme was launched to attract foreign investment to Southeast Asia’s largest economy. “There … Read more
US President Joe Biden, right, and Narendra Modi, India’s prime minister, at an arrival ceremony during a state visit on the South Lawn of the White House in Washington, DC, US, on Thursday, June 22, 2023. Bloomberg | Bloomberg | Getty Images Indian Prime Minister Narendra Modi has turned the normally sedate rotating presidency of … Read more
Myanmar migrant workers hold a portrait of Aung San Suu Kyi during the march to mark International Labor Day in Bangkok, calling for the workers rights and protesting against the Myanmar military government on May 1, 2023. Sopa Images | Lightrocket | Getty Images Southeast Asian nations must adopt a cohesive position on Myanmar’s civil … Read more
The Central television transmission tower among urban buildings in Beijing, China, June 12, 2023. CFOTO | Future Publishing | Getty Images China is overinvested as its economy continues to get buffeted — but India has room for investment opportunities, said Morgan Stanley. “China is overinvested. It’s overleveraged and it’s oversupplied. And then it has this … Read more
Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Images UAE oil giant ADNOC — run … Read more
A XPeng Inc. G6 electric sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Images Xpeng expects cost cuts and its Volkswagen partnership to narrow the firm’s losses, the Chinese EV maker told CNBC in an exclusive interview on Monday. On Friday, the firm logged its biggest quarterly loss since its U.S. listing in … Read more
Malaysia has set its sights on a larger part of the electric vehicle supply chain business as competition in Southeast Asia heats up, following Tesla‘s announcement of a regional headquarters in Malaysia. “EV happens to be our priority,” Malaysia’s Prime Minister Anwar Ibrahim told CNBC’s Martin Soong in an exclusive interview Friday at the prime minister’s offices … Read more