Wednesday , 31 December 2025

Recent Posts

Southeast Asia sees FDI boom, thanks to trade war

Bloomberg Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the US and China prompts companies to shift production to the region. Vietnam saw manufacturing inflows jump 18 percent in the first nine months of 2018, driven by investme- nts including a $1.2 billion polypropylene production project by South Korea’s Hyosung Corp, according …

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Refiners slump as Trump looks to slow-roll shipping fuel rules

Bloomberg US refiners are getting stung by President Donald Trump’s efforts to keep consumer prices from rising in the run up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry. The rules, which would slash by more than 80 percent the sulfur allowed in fuel …

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Oil holds below $70 as rising US drilling eases supply concern

Bloomberg Oil traded below $70 a barrel as supply concerns eased after American drilling rose to the highest since 2015, and on growing investor optimism crude output in Libya may climb from early next year. Futures in New York were little changed, following a 3.1 percent decline last week. Working US oil rigs increased by four to 873 last week, …

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