News

Sources: SoftBank-backed Japanese payments app PayPay's IPO could be priced at the low end of its issuance range.

Shenzhen Stock Exchange: The list of securities subject to Hong Kong Stock Connect has been adjusted and Dongfeng Group shares have been removed, effective from March 11.

Amazon (AMZN.O): It will invest A$750 million to build a robotic logistics center in Australia.

British Home Secretary: Approval of the Metropolitan Police’s request to ban the “Al-Quds Day Parade”.

Japan's domestic corporate commodity price index in February was at an annual rate of 2%, expected to be 2.1%, and the previous value was 2.30%.

Japan's domestic corporate commodity price index in February was -0.1% on a monthly basis, expected to be 0.1%, and the previous value was 0.20%.

Security sources said two drones targeted a U.S. diplomatic facility near Baghdad International Airport.

Australia's S&P/ASX200 index opened up 35.20 points, or 0.40%, on Wednesday, March 11, to 8727.80 points.

American Priority Refining: The new facility will have an annual processing capacity of approximately 60 million barrels of light shale oil.

America's First Refining Company: Successfully reached a landmark 20-year crude oil purchase agreement and secured capital investment to build the first new refinery in the United States in 50 years.

UBS Group: The Reserve Bank of Australia is expected to raise interest rates by 25 basis points in March.

U.S. Priority Refining: Under the new energy agreement, it will purchase and process 1.2 billion barrels of U.S. light shale oil worth $125 billion.

Priority Refining Company of America: Under the newly signed agreement, 50 billion gallons of refined products will be produced, valued at $175 billion.

American Priority Refining Company: Construction of the new refinery will officially begin in the second quarter of 2026.

According to Politico: U.S. Defense Secretary Hegseth has disbanded the office originally used to investigate the attack on an Iranian girls' school.

According to the Asahi Shimbun: Japanese Defense Minister Shinjiro Koizumi is considering visiting Southeast Asia in May.

U.S. Central Command: The U.S. military sank 16 Iranian mine-laying ships near the Strait of Hormuz.

Market News: Canada is weighing options to increase oil supplies as the conflict causes market turmoil.

Market news: French President Macron will hold a video conference with G7 leaders on Wednesday to discuss the energy situation.

US President Trump: This is a historic $300 billion deal.