Oil prices resume decline in Asia
Oil prices resumed their decline in Asia on Wednesday, with global crude oversupply continuing to dampen investors' sentiment despite occasional rallies.
Prices had risen the...
Turkey and Iran seek to 'manage differences', boost trade
Turkey and Iran, two countries on opposite sides of Syria's civil war, must develop a "common perspective" in order to end sectarian strife in...
Asian shares slip, dollar close to 8-month peak
Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to...
Iran sees oil freeze pact as not enough to help market
Iran believes a global agreement to freeze oil output will not be enough to help prop up prices as the world is producing too...
Japan is boosted as the Dollar strengthens and crude climbs almost one percent in...
Japanese stocks rallied as the dollar strengthened in holiday-thinned trade Monday, with most markets across Asia closed for the Lunar New Year holiday.
A report...
Saudi Arabia to allow full foreign ownership in retail
Saudi Arabia will ease restrictions on foreign investors to let them own 100 percent of retail and wholesale businesses, the government said on Sunday...
More Russian oil drilling shows its resolve to OPEC
Russian oil firms are drilling more, showing the world's top crude producer is ready for a longer fight for market share with OPEC, as...
Iraq oil exports at record, unaffected by Iran's return to market
Iraq's plan to increase oil output this year will go ahead, with exports running in January at a record level and unaffected by Iran's...
Oil prices fall before US energy report
Oil prices fell Wednesday as traders awaited the release of US crude inventory data, which are expected to show a further rise in stockpiles.
At...
Amanat Holdings to buy 35% stake in Saudi healthcare firm
Amanat Holdings, an education and healthcare company, is acquiring a 35 per cent stake in Sukoon International, a Saudi Arabian healthcare company.
Amanat, which has...
