Oil examines the key issues in demand, supply, refining and trade to Oil looks at the interplay between the expanding US influence in global oil supply and the demand from Asia for exports from the Middle East. At the same time, global energy transitions are affecting the oil industry: companies must balance the investments needed to ensure sufficient supplies against the necessity of cutting emissions. In a decarbonising world, refiners face a big challenge from weaker transport fuel demand. The outbreak of the new coronavirus COVID has added a major layer of uncertainty to the oil market outlook at the start of the forecast period covered by this report. In , global oil demand is expected to contract for the first time since the global recession of The situation remains very fluid, however, making it extremely difficult to assess the full impact of the virus.
Solid Demand Growth Continues in July Asia Weakens as Europe Gains Strength
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Stronger-than-expected buying has been seen for Asian material since mid-June, with the three largest importers of South Korean-origin material — China, the US and Taiwan — helping to digest benzene from structurally-long Asia. South Korea exported 1. Higher toluene prices drove demand in the US, which translated to poor margins for toluene conversion unit operators by the end of Q1 and less domestic benzene output. The negative margins had an impact on over 2 million mt of benzene production, Platts data showed.
Traders were adopting a wait-and-see approach amid uncertainty on the extent of arbitrage opportunities for deep-sea shipments. With poor conversion margins going into the second half of , toluene prices have largely been supported by gasoline demand. If margins stay firm for an extended time, domestic benzene output will increase as well, reducing demand for imported material from the US. Inventory levels in East China commercial tanks hit a year-to-date low this week, at , mt on Wednesday.
Inventories were last lower on December 26, at , mt, which subsequently increased as market participants stocked up ahead of the Lunar New Year. According to China Customs Statistics, the country imported , mt of benzene in May, down from , mt in April. A market source pegged imports in June at below , mt. This was the second time this week that the listed price was increased, and the fourth time this month.
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The latest weakness in Asian trade was mainly dragged by China-bound exports and the decline was broad-based, spanning across all export categories while affecting both intra-regional and extra-regional trade. This underperformance will likely have negative implications for Asian earnings outlook in the near term. Meanwhile, exports to the G3 2 also fell, but at a more moderate pace. Morgan Asset Management. Data are as of May 31,
Kat Chow. Elise Hu. A recent study on data from a dating app found all women except black women were most drawn to white men, and men of all races with one notable exception prefer Asian women. Researchers recently took data from the Facebook app Are You Interested and found that not only is race a factor in our online dating interests, but particular races get disproportionately high — and low — amounts of interest.
The numbers in this chart from Quartz show the percentage of people who responded to a “yes” on the “Are You Interested” app. Data: AYI. The business site Quartz graphed these preferences using data on the percentage of “yes” responses to the “Are you interested? The data suggest some uncomfortable stories about racial preferences in online dating.
Back in , the folks over at OKCupid culled through the site’s data and similarly found that race played a big role in who would respond to messages, with some similar and a few different findings. We have a conversation about the data, below, and invite you to join in too. Kat Chow: What’s remarkable to me is that, according to that study, most men respond to Asian women — except Asian men.
For a while now, we’ve heard of the popularized? But why haven’t we heard more about the dating preferences of Asian men?
Southeast Asia’s power sector continues to get battered by COVID-19
The series stars Koshy, Kimiko Glenn , and Travis Coles and follows Koshy as a “tasker” who completes odd jobs around Los Angeles via a phone application. The series was renewed for a second season which premiered on September 25, Liza on Demand follows “chaotic misadventures that ensue as the eponymous character takes on various gigs, tasks and odd jobs in her quest to climb the ranks and become an ‘elite tasker’.
On November 17, , it was announced that YouTube had given the production a series order for a first season consisting of eight episodes. In addition to starring in the series, Koshy was set to be an executive producer alongside Deborah Kaplan , Harry Elfont , and Courtney Carter. Sam Childs was set as a producer for the series.
Coronavirus (COVID) has hit Southeast Asia’s #power sector hard, although The impact of the lockdown to date provides an indication of what can be IHS Markit forecast lower annual power demand growth across the.
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Liza is struggling to find out what she wants to do with her life. She lives in an apartment with two roommates and lets one of them down, as she can’t seem to finish any of her jobs. In order to boost her status, Liza takes up a strange task – which leads to stranger revelations. Liza goes to high school and finds a girl who reminds her of her old self. Soon Liza becomes popular in school and forgets what’s really important.
Over the long term, this is expected to support demand for Asian fixed income the laws of the country of your residence as at the date of issue.
Following recommendations from friends who had found their partners online, Ms Peh decided to give dating apps a shot several months after her break-up. Over two weeks, she went on five separate dates with men whom she got to know via the Paktor dating app. Among them was Mr Andrew Chia, a bank analyst and part-time swim coach who was about a decade older than her.
Less than two years later, the pair got married in and they just had their first child earlier this month. Ms Peh’s experience reflects just how much the dating scene has been changed by apps designed for those who are looking for love or companionship. Today, a growing number of young Singaporeans are finding Mr or Ms Right via dating apps — sometimes in a matter of a few clicks and swipes. This new phenomenon may be welcome news for a society grappling with falling birth rates and late marriages.
A woman uses her smartphone. Photo: Xabryna Kek. Singapore Management University SMU Associate Professor of Psychology Norman Li, whose research interests include mate preferences and mate value, said relationships could become “shorter and much less stable”, given the limitless choice the app opens users up to. Exactly a year later, Mr Ye got down on one knee, and the pair will get hitched this October.
Why black women and Asian men are at a disadvantage when it comes to online dating
I once asked my first boyfriend what his friends thought about me. Apparently they were amused that he was dating a Chinese girl, and teased him about “riding her like a Kawasaki. Growing up in New Zealand, I often grappled with being different.
In an interview with FoodNavigator-Asia, Sally Arnold, the firm’s head of international business said: “A boom in consumer demand for.
Overall revenue passenger kilometers RPKs were up 5. All regions were up year-on-year, with emerging markets recording the strongest increases.. Capacity rose 5. But the story of emerging markets driving growth as developed economies stagnate could be shifting. In contrast, the deceleration of the Chinese economy has been a dampener on air travel, with weakness showing up throughout emerging Asian markets. The price of oil, a huge cost item for airlines, is tracking political tensions in the Middle East.
July international passenger traffic climbed 5. Capacity rose slightly faster at 5. Performance across all regions was positive. Capacity rose 6. The support for growth at this rate is weakening.
Salmon prices tripled because of Asian demand
As more countries in Southeast Asia impose lockdowns and even extend the duration of the lockdown, electricity demand has taken a beating. This is against a backdrop of the already weak global economic outlook, as global demand for manufactured goods and services fall and fractures in the global supply chain emerge owing to the coronavirus disease COVID virus.
The lockdowns imposed and accompanying global economic slowdown has dramatically impacted power demand across the region. The impact of the lockdown to date provides an indication of what can be expected if the pandemic cannot be kept under control and the lockdown is extended. Figure 1: Lockdown duration and power demand impact. IHS Markit forecast lower annual power demand growth across the region with negative growth of between
Strong growth in Asian oil demand is creating major opportunities for oil producing To date, announcements by major oil companies on reducing their CO2.
The uptick in demand for polymethyl methacrylate PMMA into acrylic sheets for transparent barriers is increasing in Asia as economies slowly reopen, with indications that this will continue for some time amid the ongoing pandemic. Sheet makers are now seeing increased demand from within southeast Asia including Singapore, Thailand and Indonesia, as lockdown restrictions are being lifted.
Singapore will also enter the next phase of its economic reopening from 19 June. Transparent sheets are now being installed in shops, restaurants, offices, hospitals and other public spaces to prevent coronavirus transmissions. Cast acrylic sheet, made directly from the monomer, and also extruded acrylic sheet, made from PMMA resins, are commonly used to make these barriers.
The producer, who sells PMMA resins to extrusion sheet makers in the these regions, said that it is receiving spot enquiries and expects demand to remain supportive for the rest of the year. However, demand for protective barriers alone is insufficient to lift overall demand for MMA as other downstream sectors remain weak, with major industries such as automotive and construction still heavily impacted by disruptions caused by the coronavirus. This may result in weaker overall demand growth for these products in the months ahead compared with the sharp shikes seen so far this year.
Global shipments totalled 1. Source: ICIS. Masks are made of two fibrous layers which use PP fibre as the raw material, and a melt blown fabric layer for antivirus protection which needs to use high melting index PP melting
Asian airlines see cargo demand slide in May
Continued high growth in energy demand in the Asia Pacific ex Japan region should bring opportunities for listed real asset utilities. Continued high growth in energy demand in the Asia Pacific ex Japan region, fuelled by strong population and middle class growth rates, should bring opportunities for listed real asset utilities. Since , energy demand including electricity, oil and natural gas has ballooned in Asia. Such growth rates are also reaffirmed by other industry sources.
Drewry: Asia to WCNA Sees Rise in Demand, Rates Still Weak October when volumes slid by %, dampened the year-to-date rate to 5%.
Upon dividend distribution, the fund’s net asset value may fall on the ex-dividend date. All distributions below USD 50 in value or its equivalent will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return. Aims at achieving long-term capital appreciation by investing in the equity securities of Asian companies.
These companies are likely to benefit from, or be related to, the growth in domestic consumption in Asian economies excluding Japan. Past performance information is not indicative of future performance. Investors may not get back the full amount invested. These figures show by how much the above share classes increased or decreased in value during the calendar year being shown.
Performance data of the share class has been calculated in the respective currency stated above including ongoing charges and excluding subscription fee and redemption fee you might have to pay.
Southeast Asia: Coal Demand To Double By 2040
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5 charts point to surprisingly resilient Asian LNG demand in by Covid) has also seen a small increase in year to date demand.
It might be hard to imagine or remember, but there was once a time when going on a date with a stranger you met online was a strange concept—frowned upon, even. Today, however, millennials have led the charge on transforming the dating industry and making online dating universally accepted. If you continue to have doubts, consider that there are now over 1, dating apps or websites looking to draw single men and women to their product, and to match them with one another.
Though matchmaking is one of the oldest industries in existence, online matchmaking is now having a moment of its own. This article explores the business of dating: the market size of dating apps in the U. According to the Pew Research Center , between and , online dating usage has tripled among those between the ages of 18 and Beyond its existing users, dating services benefit from tailwinds such as an untapped market, increasing millennial spending power, young people delaying life milestones such as marriage and home purchasing, as well as working longer hours.
This is all on top of the growing ubiquitousness of broadband internet and growing acceptance and legitimacy around online dating. While few would be surprised to hear that young adults are active with online dating, they might be when they realize that those in their late 50s and 60s are also quite active. According to Nielsen data, one in 10 American adults spends more than an hour a day on a dating app.
What do the numbers tell us? According to MarketWatch , online dating has become the most popular form of dating for homosexuals, and the second most popular way to meet partners for heterosexuals after meeting through friends.