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SHANGHAI: China’s consumer price index (CPI), a main gauge of inflation, grew 1.3% year-on-year (y-o-y) last month, up from 0.9% in April, the National Bureau of Statistics (NBS) said yesterday.
PETALING JAYA: The price of RON97 petrol will increase by two sen from June 10 to 16, says the Finance Ministry.
MANILA (ING): Philippines' April's trade data showed substantial year over year gains, with base effects helping to bloat growth for both exports and imports due to the stringent lockdowns imposed in April 2020.
SINGAPORE: Oil prices rose for a second session on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted.
Chip makers and tech-related stocks slipped in early Wednesday trade but strong crude oil prices lifted Petronas-linked stocks while the broader market was mixed.
WASHINGTON: U.S. job openings surged by nearly one million to a new record high in April, while more people voluntarily left their employment, strengthening the view that a recent moderation in job growth was due to supply constraints.
NEW YORK: Oil prices rose on Tuesday, settling at the highest in more than two years after the top U.S. diplomat said that even if the United States were to reach a nuclear deal with Iran, hundreds of U.S. sanctions on Tehran would remain in place
PETALING JAYA: The recent acquisition from Repsol Exploración, S.A. would give Hibiscus Petroleum Bhd a boost in earnings and see a notable impact on its production
THE bullish shine surrounding commodities may have lost some of its lustre, with imports in May by top buyer China looking unimpressive, and far from levels associated with a new supercycle.
PHNOM PENH (The Phnom Penh Post/ANN): KrisEnergy Ltd, the operator of the Apsara oil field development offshore Cambodia, has confirmed that all operations of its subsidiary in Cambodia, KrisEnergy (Cambodia) Ltd, will continue as normal, despite its parent company filing for liquidation on June 4, according to a senior official of the Singapore-based oil and gas exploration company.