Oil slips on easing Middle East supply concerns LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend... Updated 16 Apr, 2024 07:25pm
Business & Finance OECD sees long-term growth prospects almost halving in major economies PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,... Published 15 Dec, 2023 03:12am
Markets China stocks lower as investors await more measures HONG KONG: China stocks slid and Hong Kong shares were little changed on Wednesday as market participants awaited... Published 23 Nov, 2023 03:19am
Business & Finance Oil prices hit 4-month low on concerns about US, Chinese economy NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about... Published 17 Nov, 2023 06:06am
Business & Finance IEA says China oil demand key factor in energy transition PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for... Published 25 Oct, 2023 06:19am
Business & Finance Japan’s weak machinery orders, other batch of soft data raise BOJ challenge TOKYO: Japan’s core machinery orders fell more than expected in July, as manufacturers balk at new investments in... Published 14 Sep, 2023 09:56am
Markets Fossil fuel demand to peak this decade: IEA chief tells FT PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner... Published 12 Sep, 2023 02:13pm
Markets Japanese rubber futures decline SINGAPORE: Japanese rubber futures dipped on Thursday after a six-day winning streak, dragged lower by a sluggish... Published 08 Sep, 2023 06:01am
Markets Oil edges up on prospect of extended OPEC+ supply cuts NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation... Updated 04 Sep, 2023 09:09pm
Markets Australia, NZ dollars face fourth weekly loss, threaten major support SYDNEY: The Australian and New Zealand dollars were facing a fourth straight weekly loss on Friday as yield... Published 11 Aug, 2023 10:34am
Business & Finance US dollar dips NEW YORK: The US dollar fell on Wednesday after data showed the Chinese economy slipped into deflation last month,... Published 10 Aug, 2023 06:35am
Markets Oil dips more than 1pc as Chinese GDP dents demand hopes HOUSTON: Oil dropped by more than 1 percent on Monday after weaker than expected Chinese economic growth raised... Published 18 Jul, 2023 05:51am
Business & Finance OECD hikes growth outlook PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising... Published 18 Mar, 2023 06:14am
Business & Finance South Korea’s president vows ‘export first’ policy as Dec exports fall SEOUL: South Korea’s exports in December fell from a year earlier for the third consecutive month, data showed on... Published 01 Jan, 2023 11:01am
Markets Gasoil margins, premiums open the week down SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and cash premiums snapped a week-long gain, falling on the first... Published 20 Dec, 2022 05:58am
Markets European shares edge higher on defensive lift PARIS: European shares hovered near two-month highs on Monday as signs of a slowing Chinese economy prompted... Published 16 Aug, 2022 03:59am
Business & Finance Xi calls for stronger fintech oversight, security BEIJING: A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and... Published 24 Jun, 2022 06:15am
Markets China stocks fall despite end of Shanghai lockdown SHANGHAI: China stocks edged lower on Wednesday, as excitement fades about Shanghai coming out of lockdown amid... Published 02 Jun, 2022 06:19am
Opinion Emerging superpower and its bloc of nations! During the Second World War, the US played a very pivotal role in its victory by financing the war efforts of many... Published 25 May, 2022 04:40am
Markets China stocks leap after State Council pledges support for economy, capital markets SHANGHAI: Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker... Published 17 Mar, 2022 04:53am
Editorials Economic challenges: flawed approach? EDITORIAL: Jake Sullivan, the United States National Security Advisor, warned Beijing that it would “absolutely”... Published 15 Mar, 2022 05:43am
Print Slow pace of economic uplift a source of concern: SBP KARACHI: The State Bank of Pakistan (SBP) Wednesday said that the slow pace of economic development in Pakistan is a... Updated 25 Nov, 2021 11:20am
Markets Copper rebounds from lowest in a month LONDON: Copper prices bounced on Thursday, breaking a string of three sessions of losses, as buoyant US data fuelled... Published 19 Nov, 2021 04:35am
Business & Finance Chinese developer Fantasia fails to make debt payments BEIJING: Another Chinese homebuilder has hit financial trouble after it missed payments on debt obligations, adding... Published 05 Oct, 2021 09:38am
Markets South African rand slumps as China fears weigh on mood, stocks rise JOHANNESBURG: South Africa's rand slumped on Monday, tracking a broader decline in emerging market currencies on... Published 04 Oct, 2021 11:22pm
Business & Finance China’s factory output, retail sales miss expectations BEIJING: Growth in China’s factory output slowed for a third straight month in May, likely weighed down by... Published 17 Jun, 2021 03:27am
Business & Finance China's factory activity grows at slightly slower pace BEIJING: China's factory activity growth slowed slightly in May as raw materials costs grew at their fastest pace in... Published 01 Jun, 2021 04:59am