Russia attempts to stabilize global oil market by not exceeding its annual production of 525 million tons, Energy Minister Alexander Novak said Monday.
Nov 252014
Nov 252014
Executive Director of the Hong Kong Trade Development Council (HKTDC) Margaret Fong Shun-man highlighted Hong Kong’s irreplaceable role as the connector between the mainland and the world.
Nov 252014
Global business confidence dropped to a five-year low in October, marking a sharp fall in optimism, the Markit Global Business Outlook Survey showed on Monday.
Nov 152014
U.S. consumer sentiment continued soaring in November, as improving job market and falling gasoline prices boosted consumers’ views on current conditions and future expectations, according to a report released Friday.
Nov 142014
Chinese e-commerce behemoth Alibaba received its first debt rating from Fitch Ratings, which rated the company’s proposed note offering at investment grade “A-plus.”
Nov 122014
The Asia-Pacific Economic Cooperation (APEC) member economies have decided to initiate the Free Trade Area of the Asia-Pacific (FTAAP) process, marking the official launch of the FTAAP, Chinese President Xi Jinping said here Tuesday.
Nov 072014
U.S. stocks rose Thursday, with the Dow Jones Industrial Average and the S&P 500 closing at record highs for a second day, as investors embraced upbeat data from the country and dovish comments from European Central Bank President Mario Draghi.
Nov 072014
The sharp decline in global oil prices is “a little bit too much,” although the fundamentals of the market remain solid, OPEC Secretary-General Abdalla El-Badri said Thursday.
Nov 072014
The International Trade Commission (ITC) of the United States on Thursday said in a final ruling that an American industry is materially injured by reason of imports of non-oriented electrical steel (NOES), a cold-rolled and flat-rolled alloy steel product, paving the way for the U.S. government to levy punitive duties on the products.
Nov 072014
World food prices dropped for the seventh consecutive month in October, their longest decline in nearly two decades, though the latest dip was small and UN Food and Agriculture Organization officials said prices were stabilizing.