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A Year After OPEC’s Deal, Investor Anxiety Is High for Continued Cuts

A Year After OPEC’s Deal, Investor Anxiety Is High for Continued Cuts

The oil market is confronting a make-or-break moment as traders gauge whether major producers will come through on an expected deal this week to continue curbing output through the end of next year.

Published 1 month ago

U.S. Rejects China’s Bid for ‘Market Economy’ Status

U.S. Rejects China’s Bid for ‘Market Economy’ Status

The Trump administration has formally rejected China’s demand that it be treated as a “market economy” under global trading rules, a move likely to heighten tensions between the world’s two largest economies.

Published 1 month ago

Special Counsel Interviewed Kushner About Trump Adviser Mike Flynn

Special Counsel Interviewed Kushner About Trump Adviser Mike Flynn

Jared Kushner, senior White House adviser and President Donald Trump’s son-in-law, was interviewed this month by Special Counsel Robert Mueller’s team as it investigates whether Trump associates colluded in Russia’s efforts to interfere in the 2016 U.S. election, said a person familiar with the matter.

Published 1 month ago

U.S. Urges World to Cut Ties With North Korea

U.S. Urges World to Cut Ties With North Korea

The U.S. called Wednesday on all countries to suspend diplomatic ties with North Korea and asked that China stop crude oil trade with Pyongyang as diplomats met at an emergency United Nations Security Council meeting.

Published 1 month ago

China’s people moved by the markets rather than party diktats

China’s people moved by the markets rather than party diktats

A lucrative service sector has challenged central planners’ hopes of controlling labour

Published 1 month ago

China fintech lending boom fuels risks of data theft

China fintech lending boom fuels risks of data theft

Black market in user details thrives as apps require borrowers to grant access to phones

Published 1 month ago