Tag Archives: China

Brent crude, the global benchmark, hovered above $87 a barrel, as crude prices were set to end a two-week losing streak on Friday, supported by expectations of supply shortages. Saudi Arabia is widely expected to extend a voluntary oil production cut of 1 million barrels per day into October, prolonging …

Oil prices fell on Tuesday amid fears that further potential interest rate hikes in the US would lower demand, outweighing concerns that a tropical storm off the US Gulf Coast could affect supplies. And by 0640 GMT, Brent crude fell 19 cents, or 0.2 percent, to $ 84.23 a barrel, …

As the first Chinese trust to fall in more than 20 years, Chinese lender Xinhua Trust is selling shares at outrageously cheap prices after declaring bankruptcy in May. Since then, the corporation has listed some of its assets on Taobao for sale at a 30% discount, and only recently added …

WTI has surged despite Chinese economic fears, trading near $80.00 and at $79.94 per barrel. The fragile Chinese economic situation limits upside potential, but markets are monitoring potential supports from the Chinese government.Oil prices managed to maintain momentum despite the fragile real-estate sector and the plummeting Evergrande’s stock. The US …

Oil prices were little changed on Monday after China took steps to support its ailing economy, although investors remained concerned about the pace of growth as well as possible new hikes in US interest rates that could dampen demand for oil. China has halved the stamp duty on stock trading …

All economic developments and investor-focused topics in the previous trading week were eclipsed by the speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell on Friday. Hawkish stances from Jackson HoleECB President Christine Lagarde and Fed Chair Jerome Powell addressed key economic developments and investor-focused topics. Lagarde emphasized …

Dive into Noor Capital’s comprehensive report that that created by Research and Development Department, The growing impact of the BRICS bloc on the global economy—including Brazil, Russia, India, China, and South Africa. As an alternative power to traditional Western hegemonies, the BRICS represent more than a quarter of global GDP …

The BRICS bloc has expanded by bringing on six new countries, including Iran, Saudi Arabia, and Egypt. This expansion is seen as a significant victory for China and Russia, increasing China’s political clout and helping to reduce Russia’s isolation.However, Russia and China face growing economic headwinds that could undermine the …

Over the past ten years, China has witnessed the largest infrastructure boom in history, making it one of the key factors in the Asian country’s economic expansion. However, businesses who took out loans to support the development boom are now under unheard-of debt strain. The future of China’s whole economy …

Oil prices fell on Thursday with the release of disappointing economic data from major economies, while investors await Federal Reserve Chairman Jerome Powell’s speech on Friday, looking for any indications on the path of interest rates. And by 0619 GMT, Brent crude fell 19 cents, or 0.2 percent, to $ …