China Recovery Likely Picked Up With Outlook Buoyed by Stimulus
China’s economy likely continued to show signs of improvement in April, buoying the outlook for recovery as policymakers ramped up support.
China’s economy likely continued to show signs of improvement in April, buoying the outlook for recovery as policymakers ramped up support.
The Philippine central bank may pivot to monetary easing as early as August as price risks moderate, Governor Eli Remolona said on Thursday after announcing that the key rate was kept unchanged at a 17-year high.
Norway’s $1.7 trillion sovereign wealth fund has decided to exclude Adani Ports & Special Economic Zone Ltd. from its portfolio, citing “unacceptable” risks that the company is tied to human rights violations in war and conflict zones.
China National Offshore Oil Corp., the country’s state-owned oil and gas giant, is expanding its fleet of LNG carriers to increase its trading power on the global market.
A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra mile to get the barrels it needs, offering another example of how sanctions and OPEC+ curbs are recasting the supply chain.
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