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Business 30 Dec 2020 | 7:00 AM

A historic oil price collapse

NEW YORK: This year was like no other for oil prices. Even as global prices end the year at about US$51 a barrel, near the average for 2015-2017, it masks a year of volatility.

Business 29 Dec 2020 | 7:00 AM

Japan factory output growth stalls after rising for five months

TOKYO: Japan’s industrial output growth stalled in November after rising for five months, underscoring the fragile nature of the global economic recovery due to a recent resurgence in Covid-19 infections.