News
Oil up 6 percent as producers set meeting, Fed seen less hawkish
U.S. oil prices jumped almost 6 percent on Wednesday, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and U.S. crude stockpiles grew less than expected.
News
ECB package can't solve economic problems in Europe: Merkel ally
A senior lawmaker from Chancellor Angela Merkel's conservatives said on Thursday the European Central Bank's package of rate cuts would not tackle the euro zone's economic woes, but could cause the property market to overheat.
News
China's restructuring will not lead to mass layoffs: regulator
China's economic restructuring will not lead to the kind of mass layoffs that took place in the 1990s, the country's state assets regulator said on Saturday.
News
ECB package can't solve economic problems in Europe: Merkel ally
A senior lawmaker from Chancellor Angela Merkel's conservatives said on Thursday the European Central Bank's package of rate cuts would not tackle the euro zone's economic woes, but could cause the property market to overheat.
News
Delegate tells China parliament stock crisis 'destroying middle class'
A Shanghai representative to the National People's Congress (NPC) on Sunday lambasted China's market regulators for igniting a stock crisis that is "destroying the Chinese middle class", a rare rebuke for authorities during their biggest annual event.
News
Carry trades at heart of China capital outflows: BIS
Heavy outflows of capital from China have mainly been a result of the unwinding of carry trades aimed at benefiting from rising interest rates and an appreciating yuan, the Bank of International Settlements (BIS) said on Sunday.
News
Oil up on Saudi support, China; poll shows less OPEC output
Oil prices jumped 3 percent on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.
News
Asia's oil markets in upheaval as China, India change the game
Asia's oil markets are being upended as India's and China's refiners overtake once-dominant buyers like Japan and challenge the United States as the world's biggest consumer.
|