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Ruxandra Iordache in asian news

Ruxandra Iordache - Oil alliance OPEC+ extends collective crude production cuts into 2025 - cnbc.com - China - Russia - Uae - Saudi Arabia - Angola

Oil alliance OPEC+ extends collective crude production cuts into 2025

The influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Sunday agreed to extend their official crude output cuts into 2025, also stretching two other sets of supply curbs over different periods.

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Ruxandra Iordache - Natasha Turak - Reuters - Oil giant Saudi Aramco begins massive share sale to raise around $12 billion - cnbc.com - Saudi Arabia

Oil giant Saudi Aramco begins massive share sale to raise around $12 billion

Saudi state oil giant Aramco commenced its secondary public offering on Sunday as the company looks to raise in the region of $12 billion.

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Ruxandra Iordache - Dan Murphy - Shunichi Suzuki - Japan confirms first currency intervention since 2022 with $62 billion in spending - cnbc.com - Japan

Japan confirms first currency intervention since 2022 with $62 billion in spending

Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April.

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Ruxandra Iordache - Viktor Katona - Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions, sources say - cnbc.com - China - Russia - Iraq - Kazakhstan -  Vienna

Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions, sources say

The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand.

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Ruxandra Iordache - Saudi Aramco offers nearly $11.5 billion in new stock for sale - cnbc.com - Saudi Arabia -  Riyadh

Saudi Aramco offers nearly $11.5 billion in new stock for sale

Saudi Arabia's state-controlled Aramco said it would sell some $11.5 billion worth of additional stock in an offering that begins Sunday, as Riyadh tackles pressure to raise funds for an array of wide-ranging projects aimed at diversifying its fossil fuel-based economy.

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Ruxandra Iordache - Eddie Wu - Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale - cnbc.com - China - Usa - Hong Kong -  Hong Kong - New York

Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale

Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds to raise $5 billion.

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Ruxandra Iordache - Pedro Sánchez - Norway, Ireland and Spain to recognize Palestinian statehood - cnbc.com - Israel - Palestine - Ireland - Czech Republic - Ukraine - Poland - Spain - Hungary - Norway -  Sanchez - Romania - Bulgaria

Norway, Ireland and Spain to recognize Palestinian statehood

Norway, Ireland and Spain will recognize an independent Palestinian state, the three countries' prime ministers said Wednesday, in the hope of bringing about a peaceful resolution to a conflict that has raged for more than 75 years.

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Ruxandra Iordache - Matt Clinch - Bitcoin and other cryptocurrencies tumble amid Middle East tensions - cnbc.com - Israel - Iran - Syria -  Tel Aviv

Bitcoin and other cryptocurrencies tumble amid Middle East tensions

The cryptocurrency market suffered heavy selling overnight Saturday amid an unprecedented Iranian drone and missile attack on Israel.

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