East Asia

Gold prices hover near record peak with weekly gains in sight

GOLD prices hovered near an all-time high on Friday (Sep 13), and poised for a weekly gain due to a…

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Saudi Arabia’s Vision 2030 projects reach $1.3tn in value

A Saudi man walks past the logo of Vision 2030 in Jeddah (file). Saudi Arabia has launched $1.3tn in real…

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Nuclear startup Fuse valued at more than US$200 million in new funding

DREAMS of nuclear fusion have captured investors’ attention in recent years, spurring a boom in private funding driven by technological…

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Bahrain offloads stake in key Saudi Arabia oil pipeline to BlackRock

BAHRAIN has sold a minority stake in a key oil pipeline that transports crude from Saudi Arabia to BlackRock as…

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China hot pot chain Haidilao plans US expansion to escape slump at home

CHINESE hot pot chain Haidilao said it will focus on expanding further into established foreign markets in the coming years,…

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Air Canada expects almost total shut down if pilots strike

Air Canada is finalising plans to temporality shut down most of its operations, likely beginning on Sunday, as talks with…

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Premier Li encourages Saudi companies to increase presence in China

<img src='https://news.cgtn.com/news/2024-09-11/Premier-Li-encourages-Saudi-companies-to-increase-presence-in-China-1wOI6t5Wpag/img/874af5da4f754e9ea1abb5a0b5c333c7/874af5da4f754e9ea1abb5a0b5c333c7.png' alt='Chinese Premier Li Qiang speaks at a meeting with representatives of the Saudi business community in Riyadh, Saudi…

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StanChart: China-Middle East among fastest-growing corridors

The China-Middle East corridor is one of the fastest-growing trade routes, said Benjamin Hung, Standard Chartered’s president, International, in an…

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European firms doubt China has credible plan to turn economy around, lobby group warns

EUROPEAN firms in China doubt the government has a credible plan to boost demand in the ailing economy or will…

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Oil settles near 3-year low on weak demand outlook

GLOBAL oil benchmark Brent crude futures settled at their lowest level since December 2021 on Tuesday, after Opec+ revised down its demand…

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