Economy
China's factory output and retail sales grew at a faster pace in August, but tumbling investment in the crisis-hit property sector threatens to undercut a flurry of support steps that are showing signs of stabilising parts of the wobbly economy. Chinese policymakers are facing a daunting task in trying to revive growth following a brief ...
Oil prices eased on Thursday as worries over demand due to a seasonal slowdown during winter and an uncertain economic outlook for China outweighed expectations of tighter supplies ...
China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, ...
Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the Riyadh bourse after consultations with advisers, the Wall Street ...
Oil prices saw a limited rally on Friday ahead of US Federal Reserve (Fed) Chairman Jerome Powell's speech due later in the day. International benchmark Brent crude traded ...
Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at ...
The EU has posted a foreign trade deficit of €4.2 billion ($4.5 billion) during the first half of 2023, easing from €201.3 billion in the same period last ...
Industrial production fell 1.2% on a yearly basis both in the euro area and the EU, the bloc's statistics office revealed on Wednesday. On a monthly basis, production ...
Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency move to try and halt the rouble's recent slide after a public call from the Kremlin for tighter monetary policy. The extraordinary rate meeting came after the rouble plummeted past the 100 threshold against the dollar on Monday, dragged ...
Italy made an "improvised and atrocious" decision in joining China's Belt and Road (BRI) initiative, defence minister Guido Crosetto has said. Mr Crosetto claimed the initiative had done ...
