Citic News Monitoring

Citic sees ‘turning point’ for China’s steel industry this year

China’s steel industry is expected to see a “turning point” this year on additional stimulus measures and production cuts, even as overseas tariffs put pressure on demand, according to Citic Securities. The introduction of more stimulus is expected to “ …

CITIC Pacific fights Clive Palmer’s Mineralogy for the survival of its $20 billion Sino Iron project

Enough lawyers to make up a football team crowded into the Supreme Court on Monday for a showdown between Clive Palmer’s Mineralogy and Chinese miner CITIC Pacific. Solicitors and barristers, including top-shelf silks, will be squeezing onto the tables in …

CITIC Pacific fights Clive Palmer’s Mineralogy for the survival of its $20 billion Sino Iron project

Construction of Asman city postponed: Cabinet terminates agreement with investor

22:16, 30 April 2025, Bishkek - 24.kg news agency , by Baktygul OSMONALIEVA 22:16, 30 April 2025, Bishkek - 24.kg news agency , by Baktygul OSMONALIEVA The Cabinet of Ministers of Kyrgyzstan decided to terminate the investment agreement on the …

Prudential issues update on 1Q2025 business performance

According to Prudential, in 1Q2025, new business profit on a traditional embedded value went up 12% to $608m, annual premium equivalent (APE) sales went up 4% to $1.7bn and new the new business margin increased by two percentage points. “Our on-going focus …

Private equity's expanding role in the water sector: key players, investments and strategic exits

As institutional capital continues to flow into water-related industries, private equity firms (PE) are playing a pivotal role in consolidating assets, scaling sustainable solutions, and modernizing critical infrastructure. In this analysis, Saurabh Singh, …

Prudential reports 12pc uptick in new business profit

The FTSE 100 life and health insurer said annual premium equivalent (APE) sales rose 4% to $1.68bn, while the group’s new business margin expanded by two percentage points. It said the strongest contributions came from Hong Kong, mainland China, Indonesia …

Prudential PLC’s new business profit rose 12% year-on-year (YoY) to $608m in Q1 2025, according to its latest business ...

Its Singapore and Hong Kong businesses logged double-digit growth. Prudential PLC’s new business profit rose 12% year-on-year (YoY) to $608m in Q1 2025, according to its latest business performance update. Annual premium equivalent (APE) sales rose 4% to $ …

Prudential’s quarterly new business profit rises on strong Hong Kong, China growth

Published Wed, Apr 30, 2025 · 09:05 AM PRUDENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefitted from strong performance in its Hong Kong and China segments. The London …

How the dawn of the robot age could send rare earth demand ballistic

Robots could set rare earth demand on a canter. Pic: Getty Images Rare earths prices have been subdued by oversupply and Chinese market dominance But challengers are emerging in the West And demand continues to grow, with analysts suggesting the next …

CICC Strengthens Global Reach With Dubai And Southeast Asia Push

(MENAFN- The Arabian Post) China International Capital Corp. is intensifying efforts to expand its presence beyond mainland China by establishing a new branch in Dubai and deepening its foothold in Southeast Asia, as global demand for cross-border …

Zhong Lun, DeHeng acts on Tianyouwei’s RMB3.7bn Shanghai IPO

Heilongjiang Tianyouwei Electronics has raised RMB3.74 billion (USD534 million) in its debut on the main boards in Shanghai, making it the largest IPO in the A-share market so far this year. Zhong Lun Law Firm and DeHeng Law Offices advised the issuer and …

Steady Start Tipped For Hong Kong Stock Market

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 21,970-point plateau and it may …

HSBC Asset Management | China’s underestimated innovation capability – AI and beyond

DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. China tech stocks have outperformed since the start of the year, defying ongoing worries about …

SunCar Technology Reports 2024 Annual Results

NEW YORK, April 29, 2025 /PRNewswire/ — SunCar Technology Group Inc. (the “Company” or “SunCar”) (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today reported annual financial …

China tops global ranking of overall nuclear power capacity, report says

The second phase of the Sanmen nuclear power plant in Taizhou, Zhejiang province, commenced construction.[Photo/cnnc.com.cn] China is set to become a global leader in operational nuclear power capacity by 2030, as it is steadily expanding its nuclear …

Hainan expanding reach of low-altitude economy

A visitor (right) experiences a helicopter simulator from CITIC Offshore Helicopter Co Ltd during the China International Consumer Products Expo 2025 in Haikou, Hainan province, in April. [LUO YUNFEI/CHINA NEWS SERVICE] China's low-altitude economy …

Hong Kong Bourse May Reclaim 22,000-Point Level

The Hong Kong stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 21,980-point plateau and it may see …

China amps up nuclear ambitions with 10 new reactor approvals for fourth straight year

China’s State Council has approved 10 new nuclear reactors across five sites, ramping up the development of the nation’s rapidly expanding nuclear power industry with a combined investment of more than 200 billion yuan (US$27.4 billion). The year’s first …

Scale Selling Partners with Siemens to Power the Next Generation of Startups

The partnership aims to accelerate go-to-market strategies for Siemens-backed startups, starting with a focus on energy transportation and distribution. TORONTO, ONTARIO, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Social media marketing powerhouse …

Apache Supports CEO Foundation and the Environment on Earth Day's 35th Anniversary

Apache Industrial employees support CEO Foundation and Earth Day by planting 137 trees to make the community a little greener, healthier and kinder. HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Apache Industrial (Apache) volunteers …

Paul Rudolph Applebee Residence Gets a PVC Reroof by Caldwells Roofing

Paul, a student of Frank Lloyd Wright, designed and built the home in 1956. The home features a flat roof and many other horizontal line features. AUBURN, AL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Modern architecture may not be the …

SABR Coalition Urges Congressional Leaders to Save US Biodiesel Industry by Reinstating Blenders Tax Credit

With no implementing regulations for Section 45Z and the BTC expired for four months, the U.S. biodiesel industry is shut down and teetering on extinction. JEFFERSON CITY, MO, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Sustainable Advanced …

LEM reinforces leadership in high-precision segment with two new products, completing its IN family of current sensors

LEM continues to improve and innovate its existing IN product family of current sensors GENEVA, SWITZERLAND, April 30, 2025 /⁨EINPresswire.com⁩/ -- LEM (SIX: LEHN) Electrical measurement technology specialist LEM adds two new members to its IN …

This Week in Construction: Top Innovations & Industry Trends – April 30, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Hassan Najafi Oil Investment Focus at Iran Oil Show 2025 in Tehran

Hassan Najafi to attend Iran Oil Show 2025, promoting cross-sector innovation and investment opportunities between beauty tech and energy sectors. TEHRAN, IRAN, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Iran Oil Show 2025, one of the Middle East’ …

Clear Blue Technologies Announces Fiscal 2024 Results & Provides Corporate Update

TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Power Company, announces its financial results for fiscal 2024 (“F2024”). A complete set of Financial Statements and Management’ …

Promethean Energy Completes Decommissioning of Offshore Orphaned Wells in the Matagorda Island Lease Area

Promethean Energy completes decommissioning of offshore orphaned wells in Matagorda Island, utilizing advanced technology and delivering cost savings. HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Promethean Energy, the Gulf of Mexico …

Michael Lumbley Joins EticaAG as Vice President of Sales to Drive Strategic Growth

Veteran clean energy executive joins EticaAG to lead sales strategy and expand market reach for fire-safe battery storage solutions. PITTSBURGH, PA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a leader in non-flammable battery energy …

Fusion energy: ITER completes world’s largest and most powerful pulsed magnet system

Landmark achievement towards fusion energy SAINT-PAUL-LEZ-DURANCE, FRANCE, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a landmark achievement for fusion energy, ITER has completed all components for the world’s largest, most powerful pulsed superconducting …

Bits In Glass Honored with Global Innovation Award at Appian World 2025

Bits In Glass Recognized for Excellence in Reinsurance Underwriting & AI Innovations. EDMONTON, AB, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Bits In Glass (BIG), a global boutique consulting firm specializing in intelligent automation, …

Parkopedia and ParkMobile to launch US eMSP service

Parkopedia and ParkMobile launch a seamless eMobility Service Provider (eMSP) in North America, enhancing EV charging and parking convenience. LONDON, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- - The most accurate and convenient North …

MicroSeismic Deploys DOE Funded Carbon Sequestration Monitoring System for Class VI Wells

A Bold Step Toward Safe, Scalable CCUS HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a bold step toward strengthening the science behind permanent carbon sequestration, MicroSeismic, Inc.’s advanced subsurface imaging and …

Mueller Water Products Announces Quarterly Dividend

ATLANTA, April 30, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of $0.067 per share, payable on or about May 21, 2025, to stockholders of record as of the close of …

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round LUBBOCK, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a recent webinar with Kevin O’Leary and Flower Turbines’ CEO, Dr. …

Kepner-Tregoe Announces New Licensee for Australia and New Zealand Markets

Seamless Shift, Same Expertise: KT ANZ to carry forward world-class problem-solving in Australia and New Zealand. PRINCETON, NJ, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Kepner-Tregoe (KT), a global leader in critical thinking …

Prospera Energy Announces 2024 Financial Results

CALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) In Q4 2024, Prospera Energy underwent a strategic transformation under new leadership, shifting its focus toward …

Ariston Middle East Introduces NUOS PLUS S2

The Future of Sustainable Water Heating Is Here DUBAI, UNITED ARAB EMIRATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Ariston Middle East, a leader in sustainable thermal comfort solutions, proudly unveils the launch of NUOS PLUS S2, a cutting-edge …

The Pivot Master Solution Brings Energy-Efficient Irrigation to Farmers in Africa

New standard in sustainable agriculture with the Pivot Master Solution, an innovative irrigation system that transforms the way farmers power pivot irrigation. GEORGE, WESTERN CAPE, SOUTH AFRICA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Tripple …