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SOURCE / ECONOMY By Global Times Published: Mar 08, 2021 08:55 PM The construction of power units using China's self-developed Hualong One technology at East China's Zhejiang San'ao Nuclear Power Station started on December 31, 2020. Photo: China General Nuclear Power Group Nuclear power-related shares rose on Monday after the Government Work Report said that China would enhance nuclear power development, even though domestic stock markets plunged on concerns that the central bank may drain liquidity from the market.  The Government Work Report, released during the two sessions, vowed t...

MANILA/HONG KONG (March 4): Philippine food maker Monde Nissin Corp filed for an initial public offering to raise as much as 63 billion pesos (US$1.3 billion) in what could be the nation’s biggest ever first-time share sale. The producer of the country’s best-selling instant noodle brand Lucky Me! plans to sell 3.6 billion shares at as much as 17.5 pesos each, according to a filing with the Philippine Securities and Exchange Commission on Thursday. The company could issue as many as 540 million additional shares in an overallotment option, the filing showed.

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

iPolitics By iPolitics. Published on Mar 2, 2021 12:08pm (Pexels photo) The Lead  Endeavour Mining Corp., a Canadian gold company, is switching its focus to developing new mines in the African continent. The group will not be making new acquisitions anytime soon after buying two mining firms in the past year: Semafo Inc., based in Montreal, and Teranga Gold Corp., headquartered in Toronto, which provides Endeavour with mining operations across West Africa. CEO Sébastien de Montessus has stated he wants to foster “organic growth in six gold mines across Ivory Coast, Senegal and ...

Oil prices pared gains at the start of the week, seemingly hitting a temporary high note. Traders are on edge as they away a decision from OPEC+ regarding the potential easing of production cuts