Asia feeling pinch from higher Middle East oil shipping costs

Asian oil refiners are being squeezed by rising freight rates and insurance costs for shipping crude…

Former Egypt president Mursi Dies in Court

Egypt’s former president Mohammed Mursi collapsed in court during a trial and died on Monday, state…

CNPC set to spend $22bn to replace ageing oil wells

China National Petroleum Corp (CNPC) said yesterday it will spend more than 150bn yuan ($22bn) by…

China’s Xi pledges $20bn in loans to revive Mideast

Chinese President Xi Jinping yesterday pledged a package of $20bn in loans, and about $106mn in…

China warns US ‘opening fire’ on world with tariff threats

  The United States is ‘opening fire’ on the world with its threatened tariffs, the Chinese…

China will force a Resort Island to phase out gasoline cars

The resort island of Hainan may become a key proving ground for China’s push to lead…

Ooredoo Myanmar introduces first trade engagement programme for partners

Ooredoo Myanmar launched a trade engagement programme, which has a user friendly full-featured application for the…

QIC Group, Sompo Japan strengthen ties through knowledge exchange plan

QIC Group has commenced a knowledge exchange programme with leading insurance company Sompo Japan Nipponkoa Insurance…

Singapore’s non-oil exports slide the most since 2016

Singapore’s non-oil domestic exports slumped the most since October 2016, signaling growth risks to one of…

Russia’s En+ invites banks to pitch for $1bn share sale

Russia’s En+ Group has invited international banks to pitch for the sale of $1bn of shares…