Japan’s Ministry of Agriculture announced emergency measures on Monday to lower procurement prices for rice to 2,000 yen (approx. $14) per 5 kilograms, aiming to ease cost-of-living pressures on households struggling with surging food prices. The intervention comes amid mounting concerns over food inflation, driven by extreme weather and booming demand from inbound tourism. Climate,…

Sinopec, Asia’s largest oil refiner, has resumed buying Russian crude oil following a brief pause. The decision to restart imports came after a comprehensive assessment of risks associated with the latest wave of U.S. sanctions impacting Russian energy entities. The move reflects ongoing market volatility, as both supply chains and strategy decisions by leading players…

An official statement from the Chinese Embassy in Spain has once again drawn attention to the evolving electric vehicle market. According to the latest information, Stellantis, in partnership with Chinese firm Leapmotor, plans to invest US$200 million in a Spanish plant. This move is set to establish Spain as the primary production hub for the…

Recent developments indicate a modest but steady increase in gold prices. The rise has been driven by the weakening of the US dollar and significant flows into safe-haven assets against the backdrop of escalating global trade tensions. Market participants are closely monitoring signals from the US Federal Reserve regarding future interest rate policies. Detailed Overview…

The cryptocurrency market is rapidly evolving under new regulatory pressures and judicial decisions. Recently, crypto exchange OKX (Ticker OKB) found itself at the center of media attention after admitting to operating as an unlicensed money transfer operator in the United States. This event, marked by a $84 million fine and the renunciation of $421 million…

Ford Motor (F.N) has once again captured media attention following the announcement of a new recall affecting 240,510 vehicles in the United States. The National Highway Traffic Safety Administration (NHTSA) reported potential issues with the safety belt buckle bolts in select 2020–2021 models of the Ford Explorer and Ford Aviator. This news has sparked widespread…

Italian beverage group Davide Campari (CPRI.MI), renowned for its iconic drinks and high standard of quality, is once again on the brink of significant changes. The new CEO, Simon Hunt, has announced extensive transformations within the company, which include organizational restructuring and cost optimization. These measures are aimed at restoring the group’s financial stability and…

In a move reflecting the evolving dynamics of the global energy market, Japan Petroleum Exploration (Japex) (Ticker: 1662.T) has revised its investment strategy to prioritize exploration and production of oil and gas until the 2030 financial year. Faced with rising costs and market uncertainties in renewable energy, company leadership has opted to concentrate on the…

China, the world’s largest producer of lithium sorbents, has caused a storm in the electric vehicle battery industry by abruptly halting the export of key equipment for their production. Jiangsu Jiuwu Hi-Tech (300631.SZ) has notified its clients that, effective February 1st, it will cease the export of filtration equipment known as sorbent. This decision is a…