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The International Energy Agency (IEA) predicts that global natural gas demand will weaken this year, declining by about 1.5%, or nearly 65 billion cubic meters. Key reasons include shrinking demand in the Middle East, reduced industrial gas use in Eu

2026-11-03

The International Energy Agency (IEA) predicts that global natural gas demand will weaken this year, declining by about 1.5%, or nearly 65 billion cubic meters. Key reasons include shrinking demand in the Middle East, reduced industrial gas use in Europe, and the shift of the power sector from natural gas to coal in several Asian countries.

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2026-11-03

China's central bank said it will raise the foreign-currency deposit reserve ratio by 2 percentage points to 6% from 4%, effective November 15, 2026. China Minsheng Bank chief economist Wen Bin said a large trade surplus and sustained corporate forei

China's central bank said it will raise the foreign-currency deposit reserve ratio by 2 percentage points to 6% from 4%, effective November 15, 2026. China Minsheng Bank chief economist Wen Bin said a large trade surplus and sustained corporate foreign-exchange conversion demand have been the main drivers of recent renminbi appreciation. The PBOC said the move will freeze roughly $20-25 bln of foreign-exchange liquidity at banks, help rebalance onshore FX supply and demand, curb one-sided renminbi appreciation expectations and stabilize the foreign-exchange market.
2026-11-02

Tower Semiconductor expects fourth-quarter revenue of $600 million, compared to market expectations of $586 million.

Tower Semiconductor expects fourth-quarter revenue of $600 million, compared to market expectations of $586 million.
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