China’s GF in talks to buy 20% stake in asset manager Value Partners – sources
Author of the article: Published May 29, 2023 • 2 minute read HONG KONG — Chinese investment bank GF Securities is in final talks to acquire a 20% stake in Hong Kong-listed asset manager Value Partners, sources familiar with the matter said. GF Holdings (Hong Kong), the international arm of Hong Kong and Shenzhen-listed GF…
Li Auto Seen Winner of China EV Race With 107% Gain
Shares of Chinese electric-vehicle maker Li Auto Inc. have more than doubled from last year’s low and are tipped for further gains even as a slowing economy and price war hamper its rivals. Author of the article: Published May 29, 2023 • Last updated 8 hours ago • 4 minute read hdju])80[labn9xgryp112gn_media_dl_1.png Source: Bloomberg (Bloomberg) —…
Razor Energy Corp. Announces First Quarter 2023 Results
Author of the article: Published May 29, 2023 • 21 minute read NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CALGARY, Alberta, May 29, 2023 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the…
Copper prices rise on softer dollar and easing US debt worries
Author of the article: Published May 29, 2023 • 1 minute read Copper prices rose on Tuesday, supported by a weaker dollar and as risk sentiment improved following a temporary suspension of the U.S. debt ceiling to avoid a default. Three-month copper on the London Metal Exchange rose 0.4% to $8,167 a tonne by 0156…
Namibia Considers Taking Stakes in Mining and Petroleum Companies
Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership of valuable resources. Author of the article: Bloomberg News Kaula Nhongo Published May 29, 2023 • 1 minute read The Rossing Uranium Mine near Arandis, Namibia. Photographer: Wolfgang Kaehler/LightRocket/Getty Images Photo by Wolfgang Kaehler /Photographer: Wolfgang Kaehler/L…
Interview: Holly Herndon & Mat Dryhurst
In this interview, originally published in the A/W 2022 issue of Fact’s print edition, Holly Herndon and Mat Dryhurst discuss AI art and digital sovereignty. Holly Herndon and Mat Dryhurst’s work, both as solo artists and collaborators, is often concerned with the effects of disruptive technologies. Herndon’s 2015 album, Platform, drew attention to issues like…
Oil rises after US leaders strike provisional debt deal
Author of the article: Reuters Arathy Somasekhar Published May 28, 2023 • Last updated 2 hours ago • 2 minute read HOUSTON — Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand trumped a tentative U.S. debt ceiling deal that would avert a default by the world’s top…
Hong Kong home prices edge up 0.54% in April
Author of the article: Published May 28, 2023 • 1 minute read HONG KONG — Hong Kong private home prices climbed 0.54% in April from March, marking four months of increases, although the rise was the lowest over that period and the outlook could see more pressure due to macroeconomic uncertainties at home and abroad.…
Asian shares, US futures rise on debt ceiling deal
Author of the article: Published May 28, 2023 • 3 minute read SYDNEY — Asian shares and U.S. stock futures rose on Monday, thanks to a weekend deal by U.S. President Joe Biden and House Speaker Kevin McCarthy to suspend the government’s debt ceiling, ending a protracted stalemate and providing some relief for investors. After…
Shanghai copper prices rise on US debt ceiling relief
Author of the article: Published May 28, 2023 • 1 minute read Shanghai copper prices rose on Monday, as risk sentiment improved after U.S. President Joe Biden and congressional Republican Kevin McCarthy agreed to suspend the government’s debt ceiling. The most-traded July copper contract on the Shanghai Futures Exchange rose 1.5% to 64,850 yuan ($9,382.10)…