Oil prices were on Wednesday weighed down by economic growth concerns that dampened the outlook for fuel consumption, but supported by voluntary supply cuts led […]
Oil slips on economic slowdown, as OPEC-led cuts still support
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led […]
Saudi’s Falih says no pressure from U.S. to increase supply
OPEC and its non-OPEC partners need to reconsider if there is a need for a meeting in April, the Saudi Energy Minister said on Monday, […]
Asia shares, bonds count on Fed to be accommodative
Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its […]
China to prepare rules in line with foreign investment law- Premier Li
China will introduce a series of regulations and documents in accordance with the foreign investment law to protect the rights and interests of foreign investors, […]
Oil prices stable as impact of supply cuts dented by fuel demand growth fears
Oil prices were stable on Friday, propped up by production cuts led by OPEC and as U.S. sanctions against Venezuela and Iran likely created a […]
Global gloom forces Japan central bank to temper its outlook
The Bank of Japan (BOJ) kept monetary policy steady on Friday but tampered its optimism that robust exports and factory output would underpin growth, a […]
Asian stocks rise as Sino-U.S. trade hopes boost sentiment
Asian stocks advanced on Friday as sentiment improved on a report that U.S.-China trade talks were making progress and after UK lawmakers voted to delay […]
UAE inclusion in EU tax blacklist down to poor communication – UAE bank executive
The European Union’s decision to include the United Arab Emirates on its blacklist of tax havens was due to “lack of communication” between the EU […]
Oil rises on ongoing OPEC-led supply cuts, fall in U.S. rig count
Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June […]