Tag: China

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Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the...

Oil slides on worries on China, IMF slow-growth expectations

Oil prices slid on Tuesday from their highest levels in a month after Chinese economic data dampened market sentiment and the head of the...

Global shares muted as investors fret over China reopening

Global equities traded sideways on Wednesday after enthusiasm about China lifting COVID restrictions was tempered by rising infections and investors' gloomy outlook for Western...

Stocks and commodities jump as China drops quarantine rule

Stock markets gained on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travellers - a major step in reopening its borders. MSCI's...

Oil hits three-week high as China eases COVID curbs

Oil hit a three-week high on Tuesday as China's latest easing of COVID-19 restrictions spurred hopes of a fuel demand recovery, with further support...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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