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Equinor CEO says any further escalation of the Middle East war could have a greater impact on markets.

2026-10-28

Equinor CEO says any further escalation of the Middle East war could have a greater impact on markets.

Other News
2026-10-27

The construction of artificial intelligence infrastructure is driving up demand for copper in data centers, power equipment, transmission networks, and related facilities. However, copper mine productivity continues to decline, and the difficulty of

The construction of artificial intelligence infrastructure is driving up demand for copper in data centers, power equipment, transmission networks, and related facilities. However, copper mine productivity continues to decline, and the difficulty of developing new mines is increasing, making it difficult for supply expansion to keep up with demand. Even based on a relatively conservative growth forecast for AI infrastructure, mining companies may need to increase the ratio of capital expenditure to operating expenditure to increase copper supply. As shown in the chart, the ratio of capital expenditure to operating expenditure in pure copper operations reached approximately 60% in fiscal year 2013, and has since declined; the chart predicts that this ratio will be around 22% by fiscal year 2030. Wellington believes that copper prices may need to rise to incentivize mining companies to further increase investment. However, insufficient exploration activity over the past 15 years, a shortage of skilled personnel, and mining permit approvals and environmental constraints may still limit new supply. Rising copper prices may not only benefit copper commodities themselves but also improve the economics of increasing capital investment for copper mining companies.
2026-10-28

China's Ministry of Industry and Information Technology said in its Q3 telecom-sector report that at end-September the three major telecom operators had 3.117 bln mobile IoT terminal users, a net increase of 229 mln versus end-2025. IPTV/OTT users we

China's Ministry of Industry and Information Technology said in its Q3 telecom-sector report that at end-September the three major telecom operators had 3.117 bln mobile IoT terminal users, a net increase of 229 mln versus end-2025. IPTV/OTT users were 407 mln, down 1.03 mln. Combined mobile phone subscribers for the three operators and China Broadcasting Network totaled 1.854 bln, a net gain of 26.7 mln; 5G mobile-phone users reached 1.32 bln, up 116 mln, representing 71.2% of mobile subscribers. 5G base stations numbered 5.254 mln, up 416,000 from end-2025, accounting for 40% of mobile base stations, an increase of 2.4 percentage points.
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