• Lithium supply surplus set to stay with battery makers' help

    03:51 PM @ 10/12/2024
    Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts - providing a boon for battery makers.
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  • China ready to go deeper into debt to counter Trump's tariffs

    03:13 PM @ 10/12/2024
    In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade tariffs on next year's economic growth.
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  • Vietnam faces budget pressures as administrative costs surge

    04:07 PM @ 09/12/2024
    Vietnam’s state budget struggles to balance revenues and spending, with over VND 1 quadrillion ($41.67 billion) annually allocated to maintaining the administrative apparatus.
    Vietnam’s fiscal landscape reveals a heavy strain on resources, with the bulk of state spending allocated to maintaining the administrative apparatus. This underscores the urgent need for streamlining government operations to optimize budget efficiency.
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  • OPEC+ output cuts turned US into top energy exporter

    04:38 PM @ 05/12/2024
    Igor Sechin, the head of Russia's largest oil producer Rosneft, said on Thursday that the OPEC+ group's decisions to reduce oil output in 2016 and 2020 helped the U.S. shale industry and made it a leading global energy exporter.
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  • Russia-ASEAN Trade Exceeds $17Bln With 10% Growth in Nine Months

    03:14 PM @ 05/12/2024
    The trade between Russia and member states of the Association of Southeast Asian Nations (ASEAN) has increased by 10% in January-September, exceeding $17 billion, Russian Deputy Minister of Industry and Trade Alexey Gruzdev on Wednesday said during a business forum held in Malaysia.
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