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Business 02 May 2019 | 11:09 PM

Oil falls on surging US output, set for second week of declines(Update)

SINGAPORE: Oil prices slipped on Friday, extending a steep fall from the previous session on surging U.S. output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines.

Business 02 May 2019 | 1:58 AM

Oil prices dip on record US output, global market tense(Update)

SINGAPORE: Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.

Business 27 Apr 2019 | 12:00 AM

The existential crisis of Pax Americana

IS the world in crisis or is it only a crisis of the neo-liberal order?

Business 27 Mar 2019 | 12:00 AM

SNC dealt another blow with copper mine project cancellation

MONTREAL: SNC-Lavalin Group Inc, the embattled engineering firm at the heart of Canada’s biggest political crisis in years, has been dealt another blow in Chile.

Banking 26 Mar 2019 | 9:47 PM

Life after ECB's 'Super Mario' unnerves global investors

LONDON/NEW YORK: "Whatever it takes" is a daunting legacy for any departing central bank chief to bequeath a successor and leaves world markets anxious about what is to come after Mario Draghi leaves the European Central Bank later this year.

Markets 12 Mar 2019 | 10:40 PM

S&P, Nasdaq rise on tame inflation data; Dow felled by Boeing

NEW YORK: The S&P 500 and the Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve's dovish stance on interest rate hikes, but the Dow ended lower as Boeing's shares sank for a second day after one of its planes crashed in Ethiopia.

Business 06 Mar 2019 | 12:00 AM

Gas continues to flow to Europe

CAIRO: Arab Spring-style protests have rocked Europe’s third-biggest natural gas supplier. Thousands of young Algerians have taken to the streets, fed up with an octogenarian president who’s been in power for 20 years and a weak economy that doesn’t generate enough jobs.

Corporate News 17 Feb 2019 | 10:54 PM

Saudi crown prince's US$20bil Pakistan investment pledge

ISLAMABAD: Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth US$20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-armed rival India.

Business 13 Feb 2019 | 12:00 AM

Oil demand growth concerns threaten to overshadow supply cuts

THE oil sector has witnessed a series of developments in early 2019 that have clouded demand prospects and have sent out a signal to the market that the recovery in prices could be at a pace slower than expected earlier.

Business 12 Feb 2019 | 2:10 AM Premium

Platts Market Insight: Oil demand growth concerns threaten to overshadow supply cuts

The oil sector has witnessed a series of developments in early 2019 that have clouded demand prospects and have sent out a signal to the market that the recovery in prices could be at a pace slower than expected earlier.