China June industrial profits fall 0.3 pct y/y | Reuters
Jul 28, 2015 at 03:45 | Source:
BEIJING Chinese industrial profits, which rose on an annual basis in April and May, dropped in June, adding to pressures on a economy that is struggling to regain momentum.Profit at China's industrial firms dropped 0.3 percent in June from a year ear...
China slides again, Europe follows| Reuters
Jul 28, 2015 at 03:30 | Source:
LONDON European stocks and major commodity prices fell hard on Monday as concerns over China dominated financial markets in the wake of the biggest drop in Shanghai shares in eight years.The dollar was weak ahead of the week's main set piece - Wednes...
Oil falls to lowest close since March, down a fourth week| Reuters
Jul 25, 2015 at 03:15 | Source:
NEW YORK Brent and U.S. crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs applied pressure.U.S. energy firms added 21 oil ...
Oil falls, heads for fourth weekly loss as China slows| Reuters
Jul 24, 2015 at 23:30 | Source:
NEW YORK Brent and U.S. crude fell on Friday as both contracts headed for their fourth straight weekly declines as weak economic data from China added pressure on oil prices.U.S. crude losses follow Thursday's fall into bear market territory, with it...
Wall Street drops for third day, dollar cuts losses| Reuters
Jul 24, 2015 at 03:45 | Source:
NEW YORK Wall Street stocks dropped for a third day on Thursday, sagging under weak corporate profit reports that left the Dow Jones industrials index in the red for 2015, while strong U.S. labour market data supported a weak dollar.Oil prices declin...
Leading oil producer United Arab Emirates to stop petrol subsidies
Jul 22, 2015 at 12:20 | Source:
Dubai:Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending as low crude prices hit revenues, the energy ministry said on Wednesday.Pump prices for the two fuels will now be set on the bas...