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FORMOSA GROUP
Asian refineries, petrochemical firms cut runs as Iran war disrupts suppliesGlobal energy markets face disruption. Asian refineries and petrochemical firms are cutting operations. This follows a U.S.-Israeli conflic...- Video game performers on strike for almost a year over AI issues reach a tentative dealSAG-AFTRA said that the unregulated use of AI posed "an equal or even greater threat" to performers in the video game industry than it does...
- China slaps anti-dumping duties on plastics from US, EU, Japan, TaiwanChina has imposed anti-dumping duties, as high as 74.9%, on POM copolymer imports from the U.S., EU, Japan, and Taiwan, following a probe i...
- Tata and Vedanta offer India lessons in industrial policyBusiness diversification and revitalization is the right direction for Indian business. But industrial policy needs to be based on what mak...
- As blackouts sweep Vietnam, Northern Province vows power for Apple suppliers and firmsOutages have hit industrial parks in some northern provinces including Bac Giang and Bac Ninh, the state utility Vietnam Electricity Group’...
- Building blocks for the world: Blast furnaces roar as Indian steel exports make a comebackSteel exports are getting back on firm grounds, and the long-term outlook also looks rosy. Now is the time to pour more resources into stre...
- Oil merchants troubled by trading norms that don’t fit price capThe US pushed for the measure as a way of softening European Union sanctions that threatened a far bigger supply disruption and surge in pr...
- World races to secure Gulf oil for 2023 amid Russia uncertaintyOn top of Europe’s imports ban, the EU has also pledged to bar the provision of insurance, brokerage and shipping anywhere in the world -- ...
- Asia plastic makers frustrated by delay in China demand recoveryProfits from turning naphtha into ethylene, a petrochemical that’s the base for many plastic products, have dropped to $133 a ton from abov...
- Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HALHCL Tech, Tinplate Company, Onward Technologies, Swasti Vinayaka Synthetics, International Travel House and Gujarat Hotels are among the co...
- SBI to tap Taiwan debt market with $500 million FormosasState Bank of India (SBI) is set to raise up to $500 million by selling 'Formosa' bonds in Taiwan, a move that will help diversify the inte...
- View: War may not be probable, but geopolitical clouds threaten the world economySome point to rising interest rates, since central banks across the world can no longer ignore inflationary trends and will have to raise i...
- China’s mega-refineries are throttling other Asia oil processorsA frenzy of refinery building in China is set to make the nation the world’s largest crude processor this year. That’s putting pressure on ...
- Over 3,000 Chinese evacuated from Vietnam after anti-China riotsMore than 3,000 Chinese nationals have been evacuated so far from Vietnam after the recent deadly violence, China's Foreign Ministry said t...
- Vietnam seeks $100 million from India for Tata Steel projectIn a bid to break a four-year deadlock involving Tata Steel's $ five billion project, Vietnam has sought financial assistance of $ 100 mill...
- Euro falls as debt fears persistPaul Volcker, special adviser to Obama spooked markets when he warned of potential disintegration of euro. Is Re moving more freely? | Gain...
- Manila's Aboitiz Power seeks $315 mln loan for plantPhilippine power producer Aboitiz Power Corp (AP) will seek $315 million in loans to fund the construction of a 246-megawatt (MW) coal-fire...
- Out of BIFR net, Kilburn wants to keep supply goingKilburn Engineering, a mid-sized company that makes equipment for the process industry, is at a negotiation stage to tie up with global maj...
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