Economy

News Hour: Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S....

News Hour: Kuwait’s appeals court ruled Sunday that a government decision to raise petrol prices was in line with the constitution, overturning a decision by a lower court. It said the decision to raise prices was...

News Hour: Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to a market that has been...

News Hour: An electric car dealer with a Miami subsidiary is telling Cuba-based diplomats struggling with a gasoline shortage on the Communist-run Caribbean island that they should fret no longer. The United States, which maintains a...

News Hour: Shares and the U.S. dollar dipped on Monday while U.S. bond yields slumped to five-month lows after soft U.S. economic data hurt investor sentiment already frayed by worries over North Korea and coming French...

News Hour: China’s economy grew 6.9 percent in the first quarter of 2017, government data showed on Monday, beating expectations in the latest sign of stabilization in the world’s second-largest economy. The reading was better than...

News Hour: The World Trade Organization said on Wednesday it expected global trade to rebound slightly in 2017 but warned the threat of protectionism and other uncertainties risked hampering the recovery. The organization forecast that global...

News Hour: Prices for goods at the factory gate in China jumped in March, the government said Wednesday, in a positive sign of strengthening demand for the world’s second-largest economy. The producer price index (PPI) rose...

News Hour: Oil rose towards $56 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield, tension over Syria following the U.S. missile strike and signs that an OPEC-led supply cut is helping to...

News Hour: Cambodia’s economy is expected to remain strong over the next 2 years, driven by solid garment and footwear exports, construction and real estate activities, rising government expenditure, and a moderate recovery in agricultural production,...