KUALA LUMPUR (June 8): Gas Malaysia Bhd (KL:GASMSIA) said it will jointly develop a regasification terminal in Yan, Kedah, with Japan’s Tokyo Gas Co Ltd and VTTI BV of the Netherlands.The offshore project, costing up to RM3 billion, will introduce a new liquefied natural gas entry point in the northern region of Peninsular Malaysia, Gas Malaysia said in a statement. The floating storage and regasification unit is expected to process up to six million tonnes per year, the company noted.If successful, the regasification terminal is expected to strengthen Malaysia’s energy security, support economic growth in the northern region, and enhance…
Author: Isla
Jun 5, 2026 The American Iron and Steel Institute (AISI) reported today, based on the Commerce Department’s Steel Import Monitoring and Analysis data, that steel import permit applications for May totaled 1,996,000 net tons. This figure represents a 0.7% increase compared to the 1,983,000 permit tons recorded in April, and a 6.5% rise from the April preliminary imports total of 1,874,000 net tons.Finished steel import permit tonnage for May reached 1,495,000 net tons, an 8.5% increase from the April preliminary imports total of 1,378,000 net tons. Several steel product categories saw notable increases in May permits versus April preliminary imports:…
June 8 (Reuters) – Indian shares were set to open lower on Monday, tracking a sharp selloff across Asian markets as a spike in oil prices, renewed Middle East tensions and rising fears of a U.S. interest rate hike weighed on risk appetite. GIFT Nifty futures were trading at 23,138, as of 8:06 a.m. IST, indicating that the Nifty 50 would open about 1% below its previous close of 23,366.70. Brent crude futures rose 3.5% to $96.5 a barrel after Iran launched missiles at Israel following Israeli strikes on Beirut, reducing hopes for an end to the wider war and…
Hard luxury and jewellery segments have posted consecutive months of robust growth, though the era of traditional high-street dominance has ended. Industry experts said the market was increasingly defined by targeted wealth management and curated localised experiences, rather than sheer tourist volume.One executive celebrating the positive trend is Alexander Li, director and head of retail, Hong Kong and Macau, at Hongkong Land.“To the end of April, our [tenant] sales were about 16 per cent up from last year,” Li said in an interview with the South China Morning Post. “That is pretty good, as we did not have a bad…
Benelux Leuconostoc mesenteroides cultures Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings The Benelux market for Leuconostoc mesenteroides cultures is structurally import-dependent, with an estimated 65–75% of specialized fermentation cultures sourced from multinational producers based outside the region, reflecting limited domestic primary culture manufacturing capacity. Vegetable fermentation applications—sauerkraut, kimchi, pickles, and specialty fermented vegetables—account for roughly 70–80% of total regional demand for these cultures, driven by expanding artisanal production and industrial-scale clean-label processing. Market growth is projected to run in the mid-single-digit range annually from 2026 to 2035, supported by steady replacement procurement, rising consumer interest in…
The shift toward online meetings, accelerated by the Covid-19 pandemic, has taken on new momentum in the UAE and Gulf, driven this time not just by rising airfares but mounting pressure on corporate margins as well.Business travel across the Middle East had largely bounced back to pre-pandemic levels before the recent regional war disrupted the recovery. But in the weeks since the ceasefire, executives say the return to face-to-face meetings has been selective at best. Stay up to date with the latest news. Follow KT on WhatsApp Channels.“In the last six weeks post the ceasefire, companies have allowed only essential business…
TEMPO.CO, Jakarta – The Indonesian National Nutrition Agency (BGN) has placed a moratorium on the opening of new free nutritious meal (MBG) kitchens after its head Dadan Hindayana along with two deputies, Sony Sanjaya and Loedwyk Pusung, were detained by the Attorney General’s Office (AGO) on June 3, 2026.Dadan has been replaced by another deputy, Nanik Sudaryati Deyang, as the head of BGN. One of Nanik’s main steps after taking office is to place a moratorium on the construction of new kitchens for the free nutritious meal program.Here are some facts about the decision on the MBG kitchen moratorium:Budget Savings for the…
Heavy rain has caused severe flooding in parts of Chongqing, Guizhou and Guangxi, with water levels reaching up to two metres and submerging vehicles, authorities said.The State Flood Control and Drought Relief Headquarters dispatched a working group to Chongqing on Sunday, urging enhanced emergency duty and strict implementation of 24-hour duty and leadership shifts.The Ministry of Water Resources and the China Meteorological Administration issued a red alert for mountain torrents at 6pm on Sunday. From Sunday evening to Monday evening, parts of southwestern Hunan, northern Guangxi and southern Guizhou are at very high risk of mountain torrent disasters.In Chongqing, a…
BOUNTY OIL & GAS NL (ASX: BUY) has lodged a prospectus for the offer of up to 632,205,885 new options, dated 5 June 2026. The options, which are exercisable at $0.01 each and carry an expiry date four years from their issue, are being issued for nil monetary consideration to eligible participants. Bounty Oil & Gas NL is an Australian oil and gas exploration and production company with interests in the Surat Basin in Queensland and the Onshore Carnarvon Basin in Western Australia. The prospectus aims to remove trading restrictions, enabling the new options to be traded on the ASX,…
(Xinhua) 15:29, June 07, 2026 This photo taken on June 6, 2026 shows the skyline after a rain in Beijing, capital of China. (Xinhua/Chen Yehua) This photo taken on June 6, 2026 shows the skyline after a rain in Beijing, capital of China. (Xinhua/Chen Yehua) This photo taken on June 6, 2026 shows the illuminated Temple of Heaven after a rain in Beijing, capital of China. (Xinhua/Chen Yehua) (Web editor: Zhang Kaiwei, Liang Jun) Source link