Five of China’s largest lenders reported net profit growth over 3 per cent in the first quarter of this year on Wednesday (Apr 29), as bad debt ratios remained...
Saudi Arabia dominated the Gulf Cooperation Council’s fixed-income market in the first quarter of 2026, raising $32.54 billion through 42 issuances, marking a year-on-year rise of 3.1 percent, according...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.79 million barrels in the week ending April 24. In the week prior,...
The facility, funded by the People’s Republic of China, was delivered in under two years and is expected to serve as the main administrative hub for the regional bloc....
Standard Chartered said it arranged a $2.33 billion syndicated loan to fund part of Tanzania’s Standard Gauge Railway (SGR), one of the country’s most ambitious infrastructure projects. The funding...
The closure of the Strait of Hormuz has presented the world with one of the most critical oil supply disruptions in modern history and has driven prices sharply upward....
Abu Dhabi National Oil Company is planning to invest tens of billions of dollars to build a natural gas business in the United States, the Financial Times reported on...
Profits at China’s industrial firms grew at their fastest pace in six months in March, even as the Middle East war upended global oil markets and sent raw material...
Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources in a $16.4-billion deal that will add roughly 370,000...
Chinese Hengli Petrochemical saw its shares drop sharply by 10% today following the United States’ imposition of sanctions on the company, alleging it bought crude oil from Iran despite U.S. sanctions...