Energy Industry
China's Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka
May 22, 2023

China's Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka

Chinese petroleum giant Sinopec has signed an agreement with Sri Lanka to enter its retail fuel market...

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China trade shrinks amid virus pressure, interest rate hikes
Dec 7, 2022

China trade shrinks amid virus pressure, interest rate hikes

China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home...

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Asian stocks mixed after Wall St slide, China virus fears
Nov 22, 2022

Asian stocks mixed after Wall St slide, China virus fears

Asian stock markets are mixed after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown...

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Global stocks down after Wall St weekly loss on rate fears
Nov 21, 2022

Global stocks down after Wall St weekly loss on rate fears

Global stock markets are lower after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation...

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Germany's Scholz in China amid trade, Ukraine, rights issues
Nov 4, 2022

Germany's Scholz in China amid trade, Ukraine, rights issues

German Chancellor Olaf Scholz is in Beijing for a one-day visit that has drawn criticism over China’s tacit support for Russia in its war on Ukraine...

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Asia stocks fall after Fed says more US rate hikes likely
Nov 3, 2022

Asia stocks fall after Fed says more US rate hikes likely

Asian stock markets have sunk after the Federal Reserve added to fears of a possible recession by saying it wasn’t finished raising U.S. interest rates to cool inflation...

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Global stocks mixed after Eurozone inflation rises
Sep 30, 2022

Global stocks mixed after Eurozone inflation rises

Global stocks are mixed after inflation in Germany and other countries that use Europe’s euro currency spiked to a record and Chinese factory activity weakened...

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Asian stocks sink on German inflation, British tax cuts
Sep 30, 2022

Asian stocks sink on German inflation, British tax cuts

Asian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened...

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Inflation, unrest challenge Bangladesh's 'miracle economy'
Sep 23, 2022

Inflation, unrest challenge Bangladesh's 'miracle economy'

Bangladesh's economic miracle is under severe strain as fuel price hikes amplify public frustrations over rising costs for food and other necessities...

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Asian stocks follow Wall Street lower after US jobs report
Sep 5, 2022

Asian stocks follow Wall Street lower after US jobs report

Asian stock markets are lower after Wall Street declined and China tightened anti-virus controls...

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