Sinopec Chairman Claims China's Oil Demand Peaked in 2025
Sinopec's chairman states that China's oil demand likely peaked last year, driven by clean energy initiatives and economic shifts, impacting global oil markets.
Sinopec's chairman states that China's oil demand likely peaked last year, driven by clean energy initiatives and economic shifts, impacting global oil markets.
Japan's electricity prices surged 20% in a week, reaching $0.16 per kWh due to gas supply disruptions and a severe heatwave, impacting consumption and costs.
Bitcoin surged to $80,000, its highest level since May, driven by renewed optimism in the crypto market and significant liquidations of leveraged positions.
Oil prices have dropped as Trump suspends new sanctions on Iran, potentially stabilizing markets and reducing supply disruption fears.
Binance US now supports Apple Pay and Google Pay, allowing users to make instant crypto deposits, enhancing transaction speed across over 190 digital assets.
FalconX has urged the SEC to regulate single-stock perpetuals from DeFi under swap rules, aligning them with traditional financial contracts.
Gold has surged to its highest level in over three months, driven by a weaker U.S. dollar and the announcement of U.S. Treasury bond buybacks.
Bitcoin has surpassed $80,000 for the first time since May, driven by significant ETF inflows and short liquidations, indicating potential future volatility.
Bitcoin has surged 38% since June, hitting $80,000 as U.S. Treasury policy shifts boost crypto demand and revive interest in ETFs.
Jeonbuk Bank in South Korea will utilize Ripple's technology for international money transfers, amid a competitive landscape for crypto regulations in Asia.
The Reserve Bank of Australia maintains its key interest rate, citing easing inflation and a loosening labor market, while remaining ready to adjust if
Iran's Rezaei threatens to halt oil exports and shift nuclear policy, raising concerns over geopolitical stability and potential impacts on global oil markets.
China's draft amendment to its road traffic law aims to include autonomous vehicles, potentially accelerating global adoption and establishing safety standards.
The Australian stock market is slightly up, with the S&P/ASX 200 index surpassing 9,100, driven by gains in gold miners and financial sectors.
Datavault's stock price is 68% below $1 as it approaches a Nasdaq deadline, with potential for an extension or delisting decision looming.
Iran's vow for retaliation against expanded US sanctions could heighten geopolitical tensions, impacting global oil markets and US-China relations.
JPMorgan's latest forecast suggests gold could trade between $4,500 and $5,000, reflecting market volatility ahead of the Jackson Hole meeting.
Stand With Crypto, backed by Coinbase, endorses 32 candidates for the 2026 US House elections to influence federal digital-asset policy ahead of midterms.
Philippine companies are altering their strategies, including ingredient changes and price adjustments, to adapt to inflation and a weak peso affecting
Gold prices have surged to $4,695, driven by dollar weakness and Treasury buybacks, reflecting a shift towards stable assets amid global economic tensions.