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Energy 10 Sep 2021 | 6:35 AM

Oil price dives, hit by China supply plan, US bond auction

NEW YORK: Oil prices fell to a two-week low on Thursday as China rolled out a plan to release state oil reserves, the U.S. weekly crude draw was smaller than expected and U.S. Treasuries rallied as investors sought safer assets.

Markets 10 Sep 2021 | 6:23 AM

GLOBAL MARKETS-Wall Street closes down, European stocks end little-changed

WASHINGTON/LONDON: European stocks pared losses and Wall Street reversed earlier gains on Thursday as investors weighed uncertainty over central bank tapering and economic recovery due to the coronavirus Delta variant alongside strong U.S. weekly jobless claims data.

Aviation 10 Sep 2021 | 7:00 AM

Turbulence remains for AirAsia in quarters ahead

Ability to turn around, transform into digital firm vital