New Pakistani Prime Minister Imran Khan told Chinese President Xi Jinping on Friday of his country’s “very difficult” economic situation, on a trip seen as vital to Islamabad’s efforts to obtain fresh loans. Pakistan’s foreign ...
Russia’s government and main oil firms have agreed how to curb a steep rise in domestic petrol prices, avoiding a prohibitive export duty on oil and oil products, Russian Deputy Prime Minister Dmitry Kozak said ...
Oil is likely to stay above $75 a barrel fueled by supply disruptions exacerbated by U.S. sanctions on Iran. However, further gains could be limited as economists and analysts see demand growth slowing next year ...
Asian shares plunged on Thursday as hundreds of billions of dollars haemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its ...
China is struggling to restore confidence in its stock markets, which are being weighed down by a massive amount of shares that have been pledged as collateral due to credit-starved companies seeking to raise funds. ...
Oil prices fell on Tuesday after Saudi Arabia said it could supply more crude quickly if needed, reassuring investors ahead of U.S. sanctions on Iran’s crude exports that start next month. Benchmark Brent crude oil ...
Oil prices nudged higher on Friday on signs of surging demand in China, the world’s second-biggest oil user. Although prices are set to fall for a second week amid concerns of the ongoing Sino-U.S. trade ...
China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter. The regulators have pledged further policy support as a years-long campaign to tackle debt risks and the trade ...
Exxon Mobil Corp has signed a framework agreement on a 15-year liquefied natural gas (LNG) supply deal with Zhejiang Provincial Energy Group. Peter Clarke, the President of Exxon Mobil gas and power marketing, made the ...
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