Author: Lucas

China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions.Officials from the National Development and Reform Commission, the country’s top economic planner, met refinery executives and verbally called for a temporary suspension of refined product shipments that would begin immediately, according to people familiar with the matter. They asked not to be named, as the discussions are not public. The refiners were asked to stop signing new contracts and to negotiate the cancellation…

PETALING JAYA: Malaysia’s industrial property segment stands out for resilience as the property market enters 2026 on a softer footing, but this is not without emerging risks.Siva Shanker, Rahim & Co’s director of real estate agency, said the success of the industrial segment “has been something of a double-edged sword” because while it has performed well overall, its success also encouraged the building of more such properties.This is as developers bet on demand continuing, given the growth of eCommerce and the need for warehouse space.He highlighted that the industrial segment has seen supply rising faster than demand as 2025 ended.…

Key PointsAmazon got hit with a big sell-off following its latest quarterly report, and the stock has significantly underperformed the S&P 500 in recent years.Amazon’s massive infrastructure investments could help it be a huge AI winner over the next decade.Amazon (NASDAQ: AMZN) stock saw a big valuation contraction following the publication of the company’s fourth-quarter results. Sales for the period actually came in ahead of expectations, but earnings missed the market’s forecast. The business posted non-GAAP (adjusted) earnings of $1.95 per share on sales of $213.4 billion, while the average analyst estimate had modeled for per-share earnings of $1.97 on…

Important news for the dayWed, 04th, 01:30 CET AU Gross domestic product.Wed, 04th, 14:15 CET US ADP employment change.Wed, 04th, 16:00 ET US ISM services pmi.Market disruptionsAccording to news reports by the Financial Times the precious metals market is currently disrupted. Due to airport closures in Dubai in the Middle East metals can’t be transport, which accounts for about 20% of the global market. Furthermore, also oil from Iraq seems to be in a similar situation. With the closure of the Strait of Hormuz, most oil can’t be transported out of the country, as ships are being absent. Following the…

People from across the county have come out as winners in the draw for March 2026, with people earning between £1,000 and £100,000. It is run by National Savings and Investments (NS&I), with the winners being created randomly. With that said, here are the bondholders from Dorset named in this month’s draw. What is a Premium Bond? Dorset Premium Bonds winners in March 2026 Every month, only two winners take home £1 million, but there are still plenty of other prizes available from the bonds. No one from Dorset won a £1 million prize in February, but one person took home £100,000. They had the…

Across Asia, the country ranks third for seaborne exports, behind South Korea and SingaporePublished Thu, Mar 5, 2026 · 01:15 PM[SINGAPORE] China’s government has told the country’s largest oil refiners to suspend exports of diesel and petrol as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions.Officials from the National Development and Reform Commission (NDRC ), the country’s top economic planner, met refinery executives and verbally called for a temporary suspension of refined product shipments that would begin immediately, according to sources familiar with the matter. They asked not…

Futures prop trading firms are increasingly popular among traders looking to leverage professional resources and capital to maximize their trading potential. This guide will delve into the intricacies of futures prop trading, explore the different types of firms, provide criteria for selecting the best firm, and address frequently asked questions about this dynamic sector. What Are Futures Prop Firms? Futures prop trading firms, or proprietary trading firms, are companies that provide traders with access to the firm’s capital to trade futures contracts. Unlike traditional trading, where traders use their own capital, futures prop trading involves using the firm’s money, which…

China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions.Officials from the National Development and Reform Commission, the country’s top economic planner, met refinery executives and verbally called for a temporary suspension of refined product shipments that would begin immediately, according to people familiar with the matter. They asked not to be named as the discussions are not public.The refiners were asked to stop signing new contracts and to negotiate the cancellation of…

An oil refinery of leading global energy and chemicals firm Aramco has halted operations at its Ras Tanura refinery in Saudi Arabia after a drone, suspected to be fired by Iran, struck the facility. Source link

Shares of Adobe (ADBE +0.79%) tumbled immediately following the company’s fourth-quarter earnings release in December, contributing to a massive 38% decline over the past 12 months. Yet the company is actually doing quite well. Its fiscal fourth-quarter update featured 10.5% year-over-year revenue growth and record cash flow from operations. Even more, the company continued repurchasing its shares in droves, suggesting management thinks its shares are undervalued. Still, investors are increasingly concerned that the proliferation of generative artificial intelligence (AI) will cannibalize the company’s legacy design tools. Ahead of Adobe’s earnings report next week, it’s a good time to take a…