HE the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada with ministers and other senior officials who have attended the 6th LNG Producer-Consumer Conference that was held in Tokyo under the slogan “Developing LNG Markets in Asia”.
Saudi Arabia’s plans to sell state assets — including a stake in energy giant Saudi Aramco — are becoming even more important to its finances as a recession slows Riyadh’s effort to close a budget deficit caused by low oil prices.
Opec sent its strongest signal yet for an extension of production cuts until the end of 2018, saying preparations for the next meeting are taking their lead from Russian President Vladimir Putin’s tentative backing for a further nine months of curbs.
A top executive at a major Wall Street bank is deep into his spiel on how artificial intelligence will make the firm smarter and leaner when he pauses to take a question: What does this mean for young people entering the business?
China’s central bank chief yesterday issued a stark warning about asset bubbles in the world’s second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending.
China’s economy slowed marginally in the third quarter but is well on course to beat the government’s annual target, cementing President Xi Jinping’s standing as he prepares to be handed a second term in power at a Communist Party conclave.
China’s top banking regulator said yesterday that the country will further open up its banking system to foreign investors, who have failed to make inroads into the highly regulated sector and seen their market share decline.
Toyota Motor Corp cleared aluminium parts supplied by Kobe Steel Ltd of safety concerns, giving the embattled steelmaker a respite as companies around the world rush to check the safety of their products following revelations of data falsification.
Nissan Motor Co Ltd is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its final inspection procedures that led to a major recall, it said yesterday.