Business news

Denmark opens world’s first commercial e-methanol plant: here’s all you need to know
May 13, 2025 07:55 PM AEST| By InvezzDenmark launched the world’s first commercial-scale e-methanol plant on Tuesday. Maersk, a major shipping company, will purchase some of the plant’s output to use as a low-emission fuel for its container ship fleet, according to a R...

The new face of war: global defence budgets soar as drones redefine the future of warfare
May 13, 2025 06:29 PM AEST| By InvezzGlobal defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988. More than 100 countries raised their defence budgets, with Europe, Asia, and the Middle East driving most of the growth. The war...

China lifts ban on Boeing jet deliveries after trade thaw with US: report
May 13, 2025 05:55 PM AEST| By InvezzChina has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of the first tangible signs of progress following a temporary de-esc...

US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit
May 13, 2025 04:35 PM AEST| By InvezzAsian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped 2% to reach its highest level since February 25, while Taiwan’s tech-hea...

Temporary tariff truce between US-China lifts industrial metal prices
May 13, 2025 04:29 PM AEST| By InvezzIndustrial metals, including copper and iron ore, saw positive price movements following an agreement between the US and China to temporarily reduce tariffs on each other’s imports. Following a US-China agreement to temporarily reduce tariffs,...

India notifies WTO of intent to hit US goods with retaliatory tariffs
May 13, 2025 02:47 PM AEST| By InvezzIndia has formally signaled its intention to levy retaliatory duties on a range of American goods, a direct response to the United States’ ongoing and recently revised tariffs on steel and aluminum imports. In a formal communication to the Worl...

Brazil’s finance minister urges US to adopt more supportive stance toward LatAm
May 13, 2025 01:48 AM AEST| By InvezzBrazil’s Finance Minister Fernando Haddad on Monday urged the United States to take a more liberal and strategic approach toward industrial development in Latin America, saying the US stands to benefit significantly from deeper regional integration a...

Trump claims China will open markets to US businesses, ease trade barriers
May 13, 2025 01:27 AM AEST| By InvezzPresident Donald Trump said Monday that China “agreed to open” its markets to American businesses, following a mutual agreement to reduce tariffs between the two nations. The temporary easing of trade restrictions is part of a 90-day deal aimed at de...

Amazon, Tesla drive Magnificent Seven surge on US-China trade deal
May 12, 2025 11:03 PM AEST| By InvezzNews of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks. The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft...

US stock futures rally as US and China agree to a rollback in tariffs
May 12, 2025 09:32 PM AEST| By InvezzWall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck a surprise deal to temporarily reduce punitive tariffs and resume trade negotiations, lifting investor sentimen...

US, China strike trade deal: key tariffs reduced, but some remain
May 12, 2025 08:39 PM AEST| By InvezzFollowing discussions in Geneva, China and the US have agreed to a trade war truce, effective Wednesday, which will reverse most tariffs and other retaliatory measures. The US will reduce recently imposed tariffs on China from 145% to 30%, while Chin...

Gold faces potential further drops as US-China strike deal
May 12, 2025 08:07 PM AEST| By InvezzGold prices seem vulnerable to further declines after the yellow metal fell to a one and a half week low on Monday. “The latest optimism over the US-China trade deal remains supportive of the upbeat market mood and continues to weigh heavily on...

Trump to sign executive order slashing drug prices today: Asian pharma stocks fall, analysts flag downsides
May 12, 2025 06:12 PM AEST| By InvezzPresident Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug prices in the United States by linking them to prices paid in other wealthy nations. The move, posted on Truth Social, revive...

How China is rebranding Venezuelan oil as Brazilian to evade sanctions
May 12, 2025 05:27 PM AEST| By InvezzOver the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by traders, according to tanker tracking firms, company documents, and traders quoted by Reuters. This practice allows buyers to lower...

Looming oil surplus could stall price recovery, say analysts
May 12, 2025 03:49 PM AEST| By InvezzOil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. Brent crude oil prices fell below $60 at the beginning of last week following OPEC+’s announcement of a substantial produc...

Oil prices climb as US-China trade talk progress eases market jitters
May 12, 2025 02:32 PM AEST| By InvezzOil prices extended their recent gains in early trading on Monday, buoyed by positive pronouncements from both the United States and China following their weekend trade negotiations. The apparent progress in talks between the world’s two larges...

From escalation to reset? What really happened during the US–China trade talks in Geneva
May 12, 2025 01:54 PM AEST| By InvezzThe trade war between the US and China escalated fast this year. And just as quickly, both sides returned to the table. Over one weekend in Geneva, top officials from Washington and Beijing met for their first face-to-face negotiations since Presiden...

What extended conflict between India and Pakistan could cost their economies
May 11, 2025 07:40 PM AEST| By InvezzTensions between India and Pakistan continued to escalate for a third day after India’s retaliatory military operation, dubbed Operation Sindoor, following a terror attack in Pahalgam that killed 26 civilians. Late Friday night witnessed a fresh wave...

JPM analyst explains what could push gold prices up to $6,000
May 11, 2025 03:47 AM AEST| By InvezzGold prices have been in a sharp uptrend in 2025 amidst uncertainty related to higher tariffs under the Trump administration and their potential impact on the US economy. Trump tariffs delivered a massive blow to the benchmark S&P 500 index in re...

China accelerates crude oil stockpiling amid sanction fears
May 10, 2025 08:46 PM AEST| By InvezzChina’s seaborne crude oil imports reached an estimated 10.9 million barrels per day in April, marking the highest monthly volume since August 2023, Vortexa said. “This surge was initiated by concerns over potential supply disruptions amid tigh...