Malaysia dissolves 1MDB advisory board
Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...
Financial risks to world economy – IMF stated
IMF Managing Director, Kristalina Georgieva, drew focus to the need to a "call to action", urging a shift to facilitate more lending to small...
Algeria’s public debt rises to 45% of GDP
Algeria has been under financial pressure after a fall in energy earnings and foreign exchange reserves amid growing demands from the country's 43 million...
Oil prices rise in Asia with OPEC meeting in focus
Oil prices rose in Asia Tuesday but dealers were cautious before an OPEC meeting at which the cartel is expected to maintain high output...
Oil prices up as Canada wildfires threaten crude output
Oil prices climbed in Asia Thursday with Brent breaching $45 a barrel following a fall in US production while raging wildfires threatened to cut...
A rosier outlook in the Asian markets
Upon signing the China-US trade pact, the mood in most Asian markets remains upbeat and the global outlook appears a little rosier.
Focus now turns...
IEA sees bear oil market as stocks balloon
The world is awash with oil having built record stockpiles in recent months and slowing demand growth combined with resilient non-OPEC supply could worsen...
Oil prices slip on Chinese demand concerns, weak Saudi exports
Oil prices fell on Monday on concerns about the pace of economic growth in China, the world's largest energy consumer, and signs that global...
MIDEAST STOCKS-Oil weakness may dampen Gulf, land tax plan hit Saudi
Oct 20 Middle East stock markets may be soft on Tuesday because of weak oil prices and global equity markets, while progress towards imposing...
Egypt’s working poor suffer Virusoutbreak
One third of Egypt's population of more than 100 million lives in poverty, surviving on about $1.50 or less a day.
For many who were...
