Friday, June 12, 2026

Asian stocks falter as Fed makes case for possible Dec rate rise

Asian stocks broke a two-day rising streak on Thursday after top U.S. Federal Reserve officials kept the door open to a December interest rate...

Saudi Kayan pulls down Tadawul index

Shares in Saudi petrochemical manufacturer Saudi Kayan tumbled on Thursday after it swung to a third-quarter loss, pulling down the Tadawul All-Share index. Most Middle...

Turkish economy risks losing $9 billion over Russia situation

Tensions with Russia could cost Turkey's economy nine billion dollars in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday. Moscow...

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...

Gulf stocks tumble over Saudi-Iran tensions

Markets in Gulf Arab states tumbled Monday impacted by the growing tension between Saudi Arabia and Iran and global stocks rout over Chinese economic...

Oil-rich Congo's Sassou to boost budget in election year

Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen...

Saudi to save $7 billion from energy reforms

Saudi Arabia is expected to save $7 billion a year after it introduced unprecedented energy price rises in a bid to offset the low...

Oil producers struggle with budgets after price collapse

Oil producing countries are scrambling to fill gaping holes in their budgets torn by crashing petroleum prices, with some turning to international lenders for...

President Mugabe donates 300 cows to African Union

Zimbabwean President Robert Mugabe has donated 300 cattle to the African Union to help it become less dependent on outside donors, a legislator said...

Oil prices up on geopolitical tensions sparked by Paris attacks

Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply...

Latest News