Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe.
Monthly Archives For September 2022
China reports 1,094 new COVID cases for Sept 11 vs 1,303 day earlier
Mainland China reported 1,094 new coronavirus cases for Sept. of which 226 were symptomatic and 868 were asymptomatic, the National Health Commission said on Monday. That compares with 1,303 new cases …
Amid Russia-Ukraine war, Xi Jinping to meet Vladimir Putin in first trip outside China since Covid-19 began
China’s president Xi Jinping will meet his Russian counterpart Vladimir Putin at the Shanghai Cooperation Organization’s summit in Uzbekistan.
China’s waiver of African interest-free loans worth 1% or less of its lending to continent-study
China’s waiver of 23 interest-free loans to African countries last month amounted to only 1.1% or less of Chinese lending to the continent, a study showed on Monday.
Xi Jinping to leave China for first time since COVID-19 pandemic began to meet Putin
BEIJING: Xi Jinping will leave China this week for the first time in more than two years for a trip to Central Asia where he will meet Vladimir Putin just a month before Xi is…
Oil prices slide as China COVID-19 curbs, possible rate hikes weigh on demand outlook
SINGAPORE: Oil prices slipped during Asian trade on Monday (Sep 12) as the prospect of further interest rate hikes in the United States and Europe to quell inflation and the imposition of strict COVID …
Beijing vows swift action to curb university Covid outbreak
A Covid outbreak at one of China’s top media schools should be stamped out in the “shortest period of time,” Beijing government officials said Sunday (Sept 11), as the capital reported 15 new …
Sustainable finance: Why China is tapping into foreign banks’ expertise to aid decarbonisation push
Beijing is for the first time allowing foreign banks to access a central government facility for green finance The move will help Chinese companies tap into overseas funds that are contingent on …
U.S. plans new curbs on exports of chips, chip-making tools to China: report
The Biden administration plans to expand export restrictions for U.S. chip companies to China, according to a new report.
Oil prices slide as China COVID curbs, possible rate hikes weigh on demand outlook
Oil prices slipped during Asian trade on Monday as the prospect of further interest rate hikes in the United States and Europe to quell inflation and the imposition of strict COVID-19 restrictions in …
Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter …
Biden to hit China with broader curbs on U.S. chip and tool exports: Reuters, citing sources
Some sources said regulations would likely include additional actions against China. The restrictions could also be changed and the rules published later than expected.
Struggling real estate sector weighs on China’s property-driven growth model
More than 30 Chinese real-estate companies, including China Evergrande Group and Shimao Group, have defaulted on their international debt.
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