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economy

Oil prices hit five-month low on US-China tensions and surplus fears
16 Oct 2025 Oil prices extended losses on Wednesday, slipping to their lowest in five months as escalating US-China trade tensions and mounting supply concerns weighed on sentiment.
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16 Oct 2025

economy

Malaysia’s Toling Corporation Partners with Polymateria to Advance Biodegradable Plastic Adoption in Malaysia

The agreement, formalised on 9 October 2025 in George Town, Penang, grants Toling Corporation exclusive distribution rights for Polymateria’s technology in Malaysia.
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16 Oct 2025

economy

Freightos Baltic: Transpacific and Asia–Europe rates retreat as US-China tensions escalate

Weaker US import volumes—now estimated at their lowest since mid-2023 following earlier frontloading linked to trade war uncertainty—have combined with expanding vessel capacity to exert tremendous downward pressure on freight prices.
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16 Oct 2025

economy

Dalian Commodity Exchange: 16 October 2025

The 2601 for January 2026 delivery contract on Dalian Commodity Exchange on 16 October 2025 settled as follows:
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15 Oct 2025

economy

Oil prices slipped as IEA flagged surplus, US-China tensions weighed on sentiment

The IEA said in its latest report that the world oil market could face a surplus of up to 4 million barrels per day next year as producers within and outside OPEC+ ramp up output amid sluggish demand growth.
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15 Oct 2025

economy

Dalian Commodity Exchange: 15 October 2025

The 2601 for January 2026 delivery contract on Dalian Commodity Exchange on 15 October 2025 settled as follows:
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15 Oct 2025

economy

China’s sanctions on Hanwha Ocean’s US units raise fears of higher shipping costs

China’s decision to sanction five US-based subsidiaries of South Korean shipbuilder Hanwha Ocean has intensified concerns over rising global shipping costs, as escalating trade tensions
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14 Oct 2025

economy

Oil prices rebounded as US-China dialogue eased trade tensions

Oil prices rose on Monday after confirmation that the United States and China plan to hold talks later this month, easing fears of renewed trade frictions that had driven crude benchmarks to five-month lows late last week.
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