Good morning! It’s Thursday, August 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Symbolic of this seismic shift, the Japanese metals giant Nippon Steel – citing those dwindling sales figures – has announced the end of its 20-year joint venture with Baosteel, the …
Saudi Aramco is looking to bolster ties with China in petrochemicals and low-carbon solutions, as the world’s largest oil and gas company seeks to diversify its business and support the …
China has opened up its capital market to Asia’s first exchange-traded fund (ETF) that tracks Saudi Arabia’s largest companies, as the two countries continue to deepen financial ties. Two feeder …
“We diligently iterated the core technology of our models and improved its efficiency,” Zhipu AI chief executive Zhang Peng said at the event. “This is not just a simple price …
The regulators of Hong Kong and Saudi Arabia will explore ways to cross-list exchange traded funds (ETFs) and foster two-way fund flows, according to the Securities and Futures Commission (SFC). …
“It is just a matter of time [before] some of the biggest Middle East companies will launch initial public offerings (IPOs) raising funds in Hong Kong,” she said, adding that …
The new ETF would complement the Hong Kong-listed CSOP Saudi Arabia ETF, which tracks 56 Middle East stocks, including the world’s biggest company Saudi Aramco. CSOP’s ETF has risen 9.2 …
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. …
Aramco Ventures, a subsidiary of the world’s largest oil producer Saudi Aramco, will invest 100 million yuan (US$14 million) in Shenzhen Cispoly Bio-Tec, a Chinese developer of diagnostic technology, pledging …