Tag: China

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Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

Oil prices posted gains of more than 1% in Asian trade on Wednesday on falling U.S. crude inventories and a lower greenback, but concerns...

JPMorgan, UBS and others vie for bigger share of China’s pension market

Chinese ventures of foreign asset managers including JPMorgan (JPM.N), Warburg Pincus (WP.UL) and UBS (UBSG.S) are gearing up to expand their retirement offerings, as the country officially...

Oil jumps on hopes for easing in China’s COVID controls

Oil jumped on Tuesday, buoyed by hopes that China would relax its COVID-19 controls after rare protests against the country's zero-COVID strategy over the...

Oil prices edge higher as large U.S. crude stock drop outweighs China demand worries

Oil prices inched higher on Wednesday as data showing a larger-than-expected U.S. crude drawdown last week outweighed concerns about lower fuel demand from China...

Global shares shake off China COVID curbs, but investors stay cautious

Global shares edged higher on Tuesday, recovering some of the previous day's losses, as improved investor risk appetite drove flows into equities and commodities,...

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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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