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with in-depth coverage of petrochemical companies and prices.

Business

China’s Gold Reserves: Are Official Numbers Hiding a Massive Surplus?

by Priya Shah – Business Editor November 20, 2025
written by Priya Shah – Business Editor

China‘s Gold Accumulation ⁤Fuels Global Speculation of Strategic Shift

BEIJING – November 20, 2025 – China’s substantial, and potentially obscured, gold purchases are‌ intensifying scrutiny‌ from⁣ global financial markets, raising questions ‌about Beijing’s long-term economic and geopolitical⁢ intentions. ⁤While official‌ figures ​from the People’s Bank of China (PBOC) offer a limited view of its gold holdings, ⁤independent analysis from sources including⁤ the⁢ Financial​ Times, Forbes, the World Gold Council, and Bloomberg suggests a far more aggressive accumulation strategy than publicly acknowledged.‌ This opacity is prompting speculation⁤ that China may be positioning itself for a significant ‌shift in⁤ the global financial landscape.

The ambiguity ⁣surrounding the true extent of ⁢China’s gold reserves-currently⁢ reported at 2,262 tonnes ⁢as of November⁤ 2025-is fueling debate among analysts. Some believe​ the PBOC is strategically⁣ underreporting its holdings,potentially accumulating significantly more gold than disclosed. ⁣This behavior echoes past practices, notably during the era of Saddam Hussein, where similar patterns⁢ of concealed asset accumulation were observed. The implications are ⁤far-reaching, potentially impacting ‌the dominance of the U.S. dollar as the world’s reserve currency and reshaping international trade dynamics. Affected ‌parties include global ​investors, central banks worldwide, and ‌nations reliant ⁣on the stability of the current monetary system.

China’s interest in ⁤gold is primarily driven by a desire‍ to diversify its substantial foreign exchange reserves, currently dominated by U.S. dollar-denominated assets.This diversification strategy‌ aims to mitigate risks associated ⁢with geopolitical tensions and ⁤potential fluctuations in ‍the value of the dollar. The ‍yellow metal ​is viewed as a safe-haven asset, offering a hedge against economic ‍uncertainty and a store of value independent of any single currency. ​

The scale ⁢of China’s gold buying has been a subject of intense⁤ debate. While the ⁢PBOC reported adding 228 tonnes to its reserves in 2023, some ⁣analysts estimate the actual purchases could be considerably higher. The true size of China’s gold reserves remains a mystery, contributing to ⁣volatility in global markets and‌ prompting ​ongoing analysis⁣ of the nation’s financial strategy.The question⁢ remains: is China preparing⁢ for a basic restructuring of‌ the international financial order?

Sources: Financial times, forbes, ⁣World Gold Council, Bloomberg.

November 20, 2025 0 comments
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Business

Pop Mart…from LaBobo dolls to Disney competition

by Priya Shah – Business Editor November 18, 2025
written by Priya Shah – Business Editor

Pop ⁢mart’s Rapid Rise Faces Scrutiny in China as ​It challenges Disney

BEIJING – Chinese toy manufacturer Pop Mart International Group is experiencing unprecedented growth fueled by its collectible “Labobo” dolls and ambitious expansion into entertainment franchises, but​ the company’s success is drawing increased attention – and potential interference⁣ – from Chinese authorities, according to⁢ a recent report in The Economist. The scrutiny centers on concerns that Pop Mart’s products are not ​sufficiently reflective of Chinese culture.

Pop Mart’s ascent represents a significant shift in the global ‍toy market, traditionally dominated by Western⁢ brands like Disney. While currently ​commercial licensing revenues ⁣represent less than 10%⁣ of the company’s total income, according‍ to Morningstar Research analyst ​Jeff Chang, this figure is expected to ⁣climb as Pop Mart develops ‍its own intellectual property.This expansion, however, is‍ occurring against a backdrop⁤ of heightened political sensitivity in China, where the goverment prioritizes the promotion of advanced industries but is increasingly‍ focused on‍ cultural representation within consumer brands.

The‌ “Labobo” phenomenon – characterized‌ by ⁢blind-box collectibles featuring whimsical characters – has captivated consumers both in ‌China and internationally.This success prompted meetings between pop ⁣Mart officials and ‌the communist Party’s Propaganda department, where officials questioned the perceived lack of “Chineseness” in the company’s product⁢ line.

in response, Pop Mart reportedly explained to authorities that products emphasizing purely Chinese aesthetics‍ have limited international appeal. Despite this explanation, informed sources suggest the company anticipates tighter official oversight and ⁢potential direct intervention in its future creative and commercial decisions as it continues its global expansion. ⁢The situation highlights the ‌delicate balance Pop Mart ‍must navigate between capitalizing‌ on international trends and adhering to the evolving cultural expectations ⁢of the⁢ Chinese government.

November 18, 2025 0 comments
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Business

The Market Authority approves Budget Saudi Arabia’s request to increase its capital by 33.7% by granting shares

by Priya Shah – Business Editor November 17, 2025
written by Priya Shah – Business Editor

Saudi market Authority Approves Budget⁣ Saudi Arabia’s Capital ⁤Increase

Riyadh, Saudi Arabia – The Capital Market Authority (CMA) has approved Budget Saudi Arabia’s ⁤request to increase ​its capital by 33.7% through the issuance of shares, the ⁢company announced ⁣today. The move aims to bolster the⁢ company’s financial standing and support continued growth​ initiatives.

This capital increase directly ⁤impacts Budget Saudi Arabia’s shareholders,providing⁣ the company with additional resources for expansion and strengthening ‌its market position.The​ company detailed a plan for handling fractional shares resulting from the⁤ increase,ensuring equitable distribution of value to all eligible investors. Shareholders​ will see their holdings adjusted following the share distribution.

According to a company statement,fractional shares will ‌be⁢ consolidated into​ a single portfolio and ​sold at prevailing market prices. The proceeds from this⁣ sale will then be distributed ‍proportionally to shareholders entitled to fractional shares within thirty days of determining individual entitlements.

The approval from the CMA marks a‌ significant step for Budget Saudi Arabia, signaling confidence in ⁤its business strategy and‌ future prospects within the ‍Saudi‍ market. The company did not specify the⁤ total ⁢value of the capital increase in SAR, but confirmed the 33.7% figure represents a ​substantial ⁣investment‍ in its⁣ ongoing growth.

November 17, 2025 0 comments
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Business

Title: Petro Rabigh Reduces Accumulated Losses, Increases Capital

by Priya Shah – Business Editor November 16, 2025
written by Priya Shah – Business Editor

Petro Rabigh Reports Accumulated Losses Fall Below Key Threshold

RABIGH, saudi Arabia – Petro Rabigh announced today that‌ its accumulated losses have decreased to 39.94% of its​ capital, falling ⁢below the 50% mark stipulated by the Companies Law and regulations set forth by the Capital Market Authority (CMA). this reduction removes ‍the⁤ company from specific restrictions applied to listed entities with losses exceeding half their capital.

The shift signifies a⁤ positive development for Petro ‍Rabigh, easing‍ regulatory burdens and signaling improved financial health. Previously subject to stringent ⁢CMA procedures for companies with losses of 50% or more, Petro Rabigh now operates ⁣under⁣ a different set ‍of guidelines, ⁤specifically those⁢ applying to companies with accumulated losses between 20% and 50% of​ capital. The change reflects continued support from founding​ shareholders and enables the ongoing ‍implementation of the company’s transformation strategy.

According to⁣ the company, ‍the decrease in accumulated losses means the ‍provisions of Article (132) of the Companies Law, and related CMA instructions, are ⁢no longer⁣ applicable. However, existing instructions⁤ pertaining to companies with losses of 20% or more of their capital remain in effect.

This news follows the approval ⁢of a 31.5% capital increase – valued at 5.26 billion riyals – by Petro Rabigh’s​ Extraordinary ⁢general Assembly last September. The ⁤capital increase was designed to bolster the company’s financial position and was ⁢fully subscribed by founding shareholders Saudi​ Aramco ‍and ⁣Sumitomo Chemical company limited.

The company‌ stated the⁤ capital increase ‌demonstrates the continued commitment of its shareholders to strengthening ⁢its financial foundation and facilitating its ‍strategic ​transformation.

November 16, 2025 0 comments
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Business

Title: CMA Fines Investors for Securities Manipulation

by Priya Shah – Business Editor November 7, 2025
written by Priya Shah – Business Editor

Market authority issues ⁣Fines to 24 Investors adn Real Estate Companies

RIYADH – The Saudi market Authority (CMA) has issued two final decisions resulting ⁤in penalties against 24 investors and real estate companies⁢ for violations of financial‌ market regulations. The ⁤actions aim⁣ to bolster ‌investor confidence and maintain a secure investment environment, the CMA stated.

The penalties are intended to deter unfair, unsound, ‍fraudulent, deceptive,‍ or manipulative practices‍ within the market.Affected‌ parties ‌have ‌legal avenues ⁤to seek redress.Individuals impacted by the violations‌ detailed in‌ the first ​decision​ can‌ file individual or collective lawsuits with the Committee⁢ for the Settlement of⁣ Securities Disputes to claim compensation for damages. Those who entered agreements⁣ with parties involved in the second decision can pursue annulment of those agreements and‌ recovery‍ of funds.

Prior to filing a lawsuit, a complaint must be submitted to the ​Financial Market Authority ‌via https://investorprotection.cma.gov.sa/ar/services/ServiceDetails/10. The General‍ Secretariat ⁣of the Committees for Resolution ⁤of Securities ⁣Disputes ‌will publicly announce registered class‌ action lawsuits,​ allowing other affected investors to join.

the⁤ identities of ‍the penalized parties have ⁣been published⁤ following the Appeals Committee for Securities Disputes’ rulings. details of the ⁣first decision are available at https://crsd.org.sa/ar/MediaCenter/Announcements/Pages/Announcement-386.aspx, and the second decision at‌ https://crsd.org.sa/ar/MediaCenter/Announcements/Pages/Announcement-387.aspx.

The CMA emphasized its​ commitment to creating an attractive and safe investment climate for all investors.

November 7, 2025 0 comments
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Business

MSCI adds two Saudi companies to its indices… excludes 7 companies and lowers a company’s rating

by Priya Shah – Business Editor November 6, 2025
written by Priya Shah – Business Editor

MSCI Index Changes Reflect Saudi Market Evolution

RIYADH, SAUDI ARABIA – November 6, 2024 – MSCI has announced adjustments to its ‍Saudi Arabian equity indices, adding Al Rajhi ⁢Takaful, Flynas, adn SMC Healthcare, while removing⁤ seven companies and downgrading the ⁤weighting of another. The ‌changes, effective November 30, 2024, signal a recalibration of the index provider’s view ‌of the Saudi stock market and are expected to trigger shifts in ⁤investment flows.

These index modifications are notable for both domestic and international investors. Inclusion in MSCI indices often⁢ leads to increased demand ‌for a company’s shares as⁣ index-tracking funds are compelled to buy them, perhaps boosting valuations. Conversely, exclusion can result in selling‌ pressure.The moves reflect MSCI’s ongoing assessment of Saudi Arabia‘s evolving market ‍dynamics, ​liquidity, and accessibility following recent reforms ‍aimed at attracting foreign capital.

Additions & Removals

MSCI ‌will add Al Rajhi ‌Takaful, a leading Islamic insurance provider; Flynas, ⁢a prominent Saudi airline; and SMC Healthcare, a key player in the‌ Kingdom’s healthcare ⁣sector, to its MSCI Saudi ⁣Arabia Standard Index. Concurrently, seven companies will be removed from the index: Alinma Bank, Arab ‌national Bank, Banque Saudi Fransi, Jarir Marketing, Leejam Sports, National Medical ⁣Care, and Saudi Basic Industries⁢ corporation (SABIC).

Additionally, MSCI has ⁤downgraded the weighting of Saudi Telecom Company⁣ (STC). The specific reasons ‍for the ⁤removals and downgrading were‍ not detailed in the announcement,‌ but‌ MSCI routinely ⁤re-evaluates constituents based on​ factors including market capitalization, liquidity, and free float.

Context & Implications

saudi Arabia’s‍ stock market has‍ undergone significant liberalization in recent ‍years,‍ including opening up to foreign ownership and easing investment restrictions. MSCI has gradually increased the weight of Saudi Arabian equities in its emerging markets indices, recognizing​ the kingdom’s growing economic ‍importance and market maturity. These latest changes underscore the ‍dynamic nature of the Saudi⁣ market and MSCI’s commitment to reflecting its evolving composition. Investors will be closely watching the impact of these adjustments on trading volumes⁣ and stock performance in the coming weeks.

November 6, 2025 0 comments
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