Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
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Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
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Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Hyundai Heavy Industries Holdings has signed a deal to import liquefied petroleum gas from state-run oil firm Saudi Aramco to produce blue hydrogen.
Under the deal, Hyundai Oilbank, HHIH's refining unit, will import liquefied petroleum gas from Saudi Aramco. The refining unit will also be provided with blue ammonia to fuel its liquefied natural gas (LNG) boiler.
Hyundai Oilbank will then sell blue hydrogen as a fuel for vehicles and thermal power plants and use it in desulfurization equipment.
Hyundai Oilbank will also provide Saudi Aramco with carbon dioxide captured and stored during the production process to be used ba the latter in the extraction of crude oil from exhausted oil fields.
There are also plans for Hyundai Oilbank to set up 300 hydrogen charging stations by 2040 across South Korea.
Korea Shipbuilding & Offshore Engineering, HHIH's sub-holding company, is also developing ships that can simultaneously carry LPG and carbon while developing ammonia carriers and ammonia-fueled ships.
