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A spike in the cost of solar panels has thrown the solar power industry into focus
WHILE the Dollar Index (DXY) was muted at the start of the week, firmer bids were seen towards the end of the week, closing at two weeks high of 90.51 or up 0.53% week-on-week (w-o-w).
WASHINGTON: President Joe Biden signed an executive order on Thursday that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defense or surveillance technology sectors, a move his administration says expands the scope of a legally flawed Trump-era order.
CHINA has come to crave milk.
SINGAPORE: Bullish bets on the Chinese yuan hit a near six-month high after a rally against the US dollar, a Reuters poll showed yesterday, while investors were long on most Asian currencies as nations ramped up their Covid-19 vaccination plans.
HANGZHOU: Facing scrutiny at home, Jack Ma’s Ant Group Co is building a team to burnish its reputation with policy makers in the Asian markets on which its international ambitions hinge.
SYDNEY: Asian shares stepped back from three-month highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data while oil prices rose for a third straight session.
BEIJING: Global kiwi fruit giant Zespri is looking to scale up its presence to 100 cities in China from the current 50 and bring onboard more partners in the next five years as it looks to tap into rising market opportunities.
NEW YORK: Oil prices settled higher on Tuesday, with Brent hitting above US$71 and trading at its highest since March, on expectations for growing fuel demand during the summer driving season in the United States as OPEC+ agreed to boost output.
SHANGHAI: More than 50% of listed companies on Chinese markets expect to turn a profit for the first half of this year, the Shanghai Securities News reported yesterday.