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Finance & Markets

Continued Consolidation Called For Singapore Stock Market

(RTTNews) - The Singapore stock market on Tuesday ended the two-day winning streak in which it had gathered more than 70 points or 1.2 percent. The Straits Times Index now sits just above the 5,710-point plateau and it's expected to open under pressure again on Wednesday.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Saudi Arabia Plans To Free 1 Mb/d As it Invests in Nuclear Power

Saudi Arabia’s power stations, desalination plants, factories and farms consume more than 1 million barrels per day of liquid fuel that the kingdom aims to displace by 2030.

  • Saudi Arabia plans to reduce oil consumption by 1 Mb/d by 2030.
  • U.S. and Saudi Arabia signed 30-year nuclear cooperation agreement.
  • Nuclear power could supply firm, low-carbon electricity.

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