Turkish Rates Anomaly Persists With Policy Reboot Going Slow
Turkish savers still get far higher interest on deposits than lenders charge for commercial credit, an anomaly that’s
2023-07-19 14:24
Oil Holds Near $76 as Russian Flows Drop and US Economy Improves
Oil was steady in Asia after rising more than 2% Tuesday on signs Russia is making good on
2023-07-19 11:55
Adnoc Is Said to Increase Covestro Takeover Bid to €11 Billion
Abu Dhabi National Oil Co. has increased its takeover offer for Covestro AG to about €11 billion ($12.4
2023-07-18 23:47
Food Inflation Is Still High Around the World
Domestic food price inflation remains high around the globe, with people in Venezuela, Lebanon, Zimbabwe, Argentina and Suriname
2023-07-18 18:22
QatarEnergy Profit Surged to $42.4 Billion Amid Energy Crisis
QatarEnergy’s net income rose 58% in 2022 to reach 154.6 billion riyals ($42.4 billion) on surging international energy
2023-07-18 17:16
BlackRock Names CEO of World’s Biggest Oil Producer to Its Board
BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset manager’s
2023-07-18 16:30
African Central Banks to Keep Interest Rates Tighter for Longer
African central banks due to decide on interest rates in the next three weeks are set to keep
2023-07-18 11:58
Oil Holds Two-Day Drop as China Angst Offsets Russia Export Cuts
Oil steadied in Asia — after dropping almost 4% over the previous two sessions — as concerns over
2023-07-18 09:22
Saudi Arabia’s Neom Seeks $2.7 Billion Loan to Build Futuristic City
Saudi Arabia’s Neom, the company developing Crown Prince Mohammed bin Salman’s flagship megaproject, is looking to raise a
2023-07-17 15:25
Japan to Propose Global Natural Gas Reserve to Avoid Shortages
Japan plans to propose a global stockpile for natural gas, similar to the emergency reserve in the oil
2023-07-17 12:17
India, Indonesia Plan Local Currency Trade, Fast Payments Links
Indonesia and India are planning to settle bilateral transactions in local currencies and link up their fast payments
2023-07-17 11:25
Oil Extends Decline as Major Libyan Field Resumes Production
Oil fell for a second session as a major Libyan field resumed output after protesters that shut the
2023-07-17 07:20