Category: business
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Japan’s Kashiwazaki-Kariwa Nuclear Plant May Restart in January, Signaling Nuclear Sector Revival
TOKYO, November 27, 2025 – Japan’s Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in the world, could resume operations as early as January 2026, pending approval from regional authorities, according to Jiji news agency. This potential restart represents a significant milestone for Japan’s nuclear energy sector, which has been gradually recovering after the 2011
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PetroChina and PipeChina Launch Two Major Gas Storage Companies in China
BEIJING, November 27, 2025 – In a strategic move to strengthen China’s natural gas infrastructure, PetroChina Co Ltd (601857.SS) and the state-owned China Oil and Gas Pipeline Network Corporation (PipeChina) have jointly established two new gas storage companies in China, according to the Tianyancha company information database. The newly registered entities, Liaohe Gas Storage in
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Oil Prices Slip as Ukraine-Russia Ceasefire Could Unlock Russian Supply
Oil prices edged lower on Thursday amid growing expectations of a Ukraine-Russia ceasefire, which could pave the way for the unwinding of Western sanctions on Russian crude, analysts said. Trading volumes were muted due to the U.S. Thanksgiving holiday, contributing to a relatively quiet market. Both benchmarks had risen about 1% on Wednesday as investors
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China Issues First Batch of 2026 Crude Oil Import Quotas for Independent Refiners
China has released the first batch of crude oil import quotas for 2026 for its independent refiners, a move expected to support the world’s largest oil-importing nation and help alleviate a supply glut in the domestic market. The quota release, announced on 27 November 2025, is seen as a key step in facilitating oil shipments
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Indian Rupee Ends Flat as State Banks Offset Dollar Outflow Pressure
The Indian rupee closed almost unchanged on Thursday, 27 November 2025, as intermittent dollar sales by state-run banks offset pressure from corporate debt repayments and routine importer hedging demand. The rupee ended at 89.3050 per U.S. dollar, a marginal decline from 89.27 in the previous session. Traders say the rupee has stabilized after touching a
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FTSE 100 Dips as Energy and Consumer Staples Stocks Weigh; FTSE 250 Edges Higher
The FTSE 100 slipped 0.3% on Thursday, 27 November 2025, as losses in consumer staples and energy stocks weighed on the index. Meanwhile, the domestically focused FTSE 250 inched higher by 0.1%, reflecting a mixed tone in the UK equity market. The decline in FTSE 100 follows Finance Minister Rachel Reeves’ budget announcement, which raised
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Global Stocks Edge Higher as Investors Bet on Fed Rate Cuts; Yen Remains Under Intervention Watch
Global stock markets edged higher on Thursday, 27 November 2025, as investors increasingly priced in a Federal Reserve rate cut in December. The holiday-shortened week in the United States kept trading activity muted, but a broadly positive tone dominated both equities and currencies. Meanwhile, the Japanese yen remained in focus as it hovered in the
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Nigeria’s Central Bank Keeps Benchmark Interest Rate at 27% as Inflation Pressures Persist
Nigeria’s central bank has opted to maintain its benchmark interest rate at 27%, Governor Olayemi Cardoso announced on Tuesday, signaling a cautious approach as the country continues to battle elevated inflation. The decision comes despite expectations from some economists who had anticipated a rate cut. Analysts Expected a Reduction, but Inflation Remains a Key Risk
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Sunil Mittal-Backed Firm Plans Sale of 34 Million Bharti Airtel Shares, Deal Document Reveals
A major shareholder group led by Indian billionaire Sunil Mittal is set to offload more than 34 million shares in Bharti Airtel, one of India’s largest telecom companies, according to a deal document reviewed on Tuesday. The seller, Indian Continent Investment, plans to execute the transaction through bulk deals, a common method used for large-scale
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Taiwan Denies Talks With South Korea on U.S. Chip Tariffs, Says Discussions Only With Washington
Taiwan’s Premier Cho Jung-tai said on Tuesday that his government has no knowledge of any joint effort with South Korea regarding U.S. semiconductor tariffs proposed under President Donald Trump’s trade agenda. Cho clarified that Taiwan is currently engaged exclusively in direct negotiations with the United States, despite recent comments from South Korean officials suggesting potential
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