02:55 PM @ 11/07/2023
An 20.8% increase in the base salary for civil servants, public employees, and members of the armed forces from July 1 will lead to rises in prices of other goods and services, which may put a pressure on curbing 2023’s inflation, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.SEE MORE11:58 AM @ 11/07/2023
The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices.SEE MORE09:47 AM @ 11/07/2023
Inflation concern. Rate hike fears. These have been the drivers of oil market moves for months now. Demand and supply have largely remained ignored. But this may be about to change.SEE MORE04:15 PM @ 10/07/2023
China’s early move to tap new centers of lithium supply across Africa is reaping rewards, helping the top electric-vehicle battery producer navigate a tight market for the key metal.SEE MORE03:31 PM @ 10/07/2023
The lithium mining industry’s ups and downs since the start of the decade has been nothing short of spectacular. Measured from 2020 lows to November 2022 highs the price of lithium carbonate in China soared 1,400%, spodumene concentrate from Australia racked up 2,100% gains and European and US hydroxide climbed 804%.SEE MORE