Iraq is mulling an oil hedging programme to lock in prices for future crude sales, potentially topping a similar deal run by Mexico that is considered the largest energy trade in Wall Street.
Since the Saudi state-owned oil giant Saudi Aramco sold shares in Rabigh Refining and Petrochemical Co in 2008, the facility has provided a peek into a small corner of its operations.
China is determined to open its market and is positive about promoting talks on a China-EU investment agreement, a senior Chinese official said yesterday ahead of Premier Li Keqiang’s visit to Brussels for a summit with the European Union.
Profits earned by Chinese industrial firms rose 14% in April from a year earlier, official data showed yesterday, slowing from March’s pace and adding to concerns that the world’s second-largest economy may be losing steam.
SoftBank Group Corp, the Japanese company that raised a $93bn fund for technology investments, is considering boosting its stake in chipmaker Nvidia Corp, people familiar with the matter said.
Japan isn’t exactly the most obvious place to open a family theme park.
One of Hong Kong’s most high-profile targets of activist short sellers has hatched an unorthodox plan to fight back.
In an unusual turn of events, investors are long in emerging-market currencies as well as the Japanese yen.
It usually doesn’t work this way: stocks vaulting to records, and bearish traders getting more aggressive. Lately, it has.