Vitol has lifted its long-term oil demand outlook, seeing global consumption peaking around 112m bpd in the mid-2030s. Slower EV adoption keeps road transport central, with 2040 demand seen above today’s levels.
Japan’s Nikkei and Topix hit record highs as strong earnings and optimism over post-election fiscal policy lifted shares. Tech and AI-linked stocks led gains, with investors pricing in stronger domestic growth momentum.
South Korea plans to review US investment projects before parliament passes related legislation, aiming to manage tariff risks and FX stability. Analysts see the move as balancing trade commitments with financial prudence.
AI boom fuels Big Tech spending to $650B by 2026. Bubble fears may be overblown, but watch for shortages.
AI fears hit US software stocks, wiping out $400B. Analyst sees economy 'about to take off'. Buy the dip?
China metals mania: Record volumes fueled by retail, but regulators tighten rules amid sharp swings & risks.
PLTR beats earnings but valuation fears linger. Down 3% despite 70% revenue growth, it's pricey at 123x forward earnings.
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