Thu, March 30, 2023


Actuated control valve on offshore oil and gas central processing platform

Oil Stable on Sell-off, Stays under Pressure from Oversupply

On Wednesday, oil steadied following its biggest declines for years. However, it stayed under pressure from concerns such as oversupply and slowdown in the global economy, weakening the demand for fuel. As of 0840 GMT, there was a 30-cent increase in the Benchmark Brent crude oil at $56.56 a barrel. This followed after it made …

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BOJ Bank of Japan title

BOJ Cautions Growth Risks, Policy Steady

As the risks to the global economy increases, the Bank of Japan (BOJ) is expected to tag along in a string of warnings from other policymakers of the threat to growth from protectionism and signal its resolve to keep the money plug open. Read more!

The economy of China

Asian Stocks Down on Weak China Data

Asian shares slumped on Friday after China reported a set of weak data, fuelling fresh worries of a slowdown in the world’s second biggest economy and leaving investors fretting over the wider impact of a yet to be solved US-China trade dispute. Read more here!