US investors expect more volatility

Geopolitical worries have added another layer of volatility to an already-jumpy market as investors priced in the possibility of escalating conflict between Russia and Ukraine, though some doubted the issue would weigh on US asset prices over the longer term.
12 February 2022, 18:00 PM

US supplies give China muscle in global LNG trade

Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently signed long term contracts for record amounts of LNG from US suppliers.
12 February 2022, 18:00 PM

Exxon expands oil futures

Exxon Mobil is injecting new cash into oil trading in Europe after a retreat on its ambitious expansion plans last year, three people with knowledge of the matter said.
12 February 2022, 18:00 PM

Oil soars 3pc to 7-yr highs

Oil prices ended 3 per cent higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.
12 February 2022, 18:00 PM

China revises draft rules on data security for business sectors

China’s industry ministry published revisions to draft rules on Thursday dictating how companies and localities should manage data, bringing more specificity to the country’s evolving data governance regime.
10 February 2022, 18:00 PM

China defends US ‘Phase One’ trade deal shortfall

Beijing on Thursday fended off accusations that it had not honoured its commitments to a 2020 trade pact with the United States, calling instead for Washington to lift punitive tariffs and sanctions “as soon as possible”.
10 February 2022, 18:00 PM

Unilever annual profit climbs

British consumer goods group Unilever on Thursday logged a rising net profit in 2021 but warned that soaring inflation will likely ramp up costs again this year.
10 February 2022, 18:00 PM

EU cuts eurozone growth forecast

The eurozone economy will grow less than expected this year, the European Commission said on Thursday, as energy prices and supply chain problems jack up inflation and delay a more sustained recovery from the pandemic.
10 February 2022, 18:00 PM

EU to make $21m climate-smart investment in Bangladesh, South Asia

The European Union is set to allocate a fund of $21.5 million to help accelerate climate-smart and inclusive infrastructure investments in Bangladesh and five other South Asian countries.
10 February 2022, 18:00 PM

US inflation hits four-decade high

Inflation in the United States was as hot as ever last month, with consumer prices seeing their largest annual jump in nearly four decades as costs rose for a wide range of items.
10 February 2022, 18:00 PM

Dubai plans to attract 50 multinational companies as part of global hub push

Dubai plans to attract 50 multinational companies within three years, the emirate’s government media office said on Wednesday citing a statement from the Dubai International Chamber.
10 February 2022, 18:00 PM

India’s cenbank must focus more on inflation

Indian debt traders have dismissed government officials’ concerns about bonds being mispriced, saying they reflected fundamentals but the central bank was behind the curve, and urged steps to fight inflation at Thursday’s policy meeting.
9 February 2022, 18:00 PM

Qatar to host gas exporters summit

With Europe worried about its gas supplies amid fears of a Russian invasion of Ukraine, Qatar will host a summit of top natural gas exporters including Russia, organisers said Tuesday.
9 February 2022, 18:00 PM

Japan offers gas to Europe over Ukraine fears

Japan is offering Europe part of its liquified natural gas imports over fears supplies will be disrupted by tensions surrounding a possible Russian invasion of Ukraine, Tokyo’s trade minister said Wednesday.
9 February 2022, 18:00 PM

Former Taliban sniper becomes mayor of Afghan town

Strolling through the town of Maymana, the new mayor appears to inspire goodwill from war-weary constituents in the Afghan provincial capital.
9 February 2022, 07:07 AM

EU joins chips race with Asia

The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in Europe and end the bloc’s digital dependence on Asia.
8 February 2022, 18:00 PM

Oil slips from seven-year high

Oil slipped to about $91 a barrel on Tuesday before a resumption of indirect talks between the United States and Iran, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer.
8 February 2022, 18:00 PM

US adds Chinese entities to red-flag export list

The US Commerce Department said on Monday it had added 33 Chinese entities to its so-called ‘unverified list’, which requires US exporters to go through more procedures before shipping goods to the entities.
8 February 2022, 18:00 PM

US, Japan reach deal to cut tariffs on Japanese steel

The United States and Japan on Monday announced a deal to remove Trump-era tariffs from about 1.25 million metric tons of Japanese steel imports annually after Washington granted similar access for European Union steelmakers last year.
8 February 2022, 18:00 PM

Airbus, Quebec reach $1.2b investment agreement

Europe’s Airbus and Quebec on Friday said they have agreed to a $1.2 billion investment deal that would allow the Canadian province to remain in the loss-making A220 jet program until the venture is likely to turn profitable.
7 February 2022, 18:00 PM