Emsteel Group supplied 5,000 tons of high-quality bearing plates to the Suez Canal to support the new floating movable bridge project, which enhances connectivity between the canal's banks without disrupting maritime traffic.

South Korea's economy grew faster than expected in Q2 2024, driven by strong exports and investment, with real GDP rising 0.7% compared to Q1, according to the Bank of Korea.

The Chinese yuan is rising amid weakening US dollar and growing concerns about US public debt, boosting investor confidence in the yuan's strength and prompting hedge funds to bet on its continued appreciation.

The National Independent Authority for Audiovisual Regulation has called for exceptional media coverage of the fourth edition of the 2025 African Intra-Trade Fair to be held in Algeria from September 4 to 10, highlighting Algeria's geo-economic role as a bridge linking North Africa to the continent.

China has announced a massive discovery of approximately 490 million tons of mineral ore in Hunan Province, equivalent to over 1.3 million tons of extractable lithium oxide. This is one of the largest mineral discoveries in recent years and strengthens China's position in the battery and clean energy industries.

Oil prices stabilized in Asian trading on Wednesday, holding gains from the previous session driven by US sanctions, as markets await the OPEC+ meeting next week.

The US has revoked TSMC's exemption from export restrictions on semiconductor manufacturing equipment to its facility in China, which may impact production. Suppliers to TSMC, Samsung, and SK Hynix will now require individual approvals to ship equipment to China.

The U.S. has canceled the exemption allowing Taiwan Semiconductor Manufacturing Company to ship manufacturing equipment to its plant in China, which may limit production capacity at the older Nanjing facility.

The London Metal Exchange postponed the start of trading in Asia by 90 minutes on Wednesday, opening its electronic platform later than usual without stating reasons, leading to a rise in copper futures in London.

Elliott Investment Management acquired a $4 billion stake in PepsiCo, aiming to improve company performance and shareholder value amid challenges in the North American market.