Asian shares gain, dollar firm as U.S. data soothes rate fears
By Hideyuki Sano and Nichola Saminather TOKYO/SINGAPORE (Reuters) – Asian shares jumped on Wednesday, taking cues from sharp gains in European and U.S. markets, while...
Category : Finance
Bank of PNG Governor Gives Preview of Expo
By Merilyn Diau-Katam – EMTV News, Port Moresby The public will have a chance to know and understand the financial products of local business outlets...
Iran has no plans to freeze oil exports, official says ahead of OPEC meeting
Under the present circumstances, the government and the Oil Ministry have not issued any policy or plan to the National Iranian Oil Company (NIOC) towards...
Oil hits six-month highs on supply outages, Goldman forecast
Expectations of resumption in oil exports from a Libyan port, a ramp up in Nigerian crude production by Exxon Mobil Corp and an improved oil-for-loans...
China orders banks to clear hurdles slowing private sector lending: sources
Chinese banks sharply cut new lending in April after a record first-quarter credit spree, much of which appeared to go to the state sector and...
After hot rally, solar shares turn ice cold
The stock, down 25 percent at $16.94, was on track for its worst decline in three months and is down 66.8 percent for the year....
Higher health stocks and falling oil leave S&P 500 flat
About 6.8 billion shares changed hands on U.S. exchanges, below the 7.2 billion daily average for the past 20 trading days, according to Thomson Reuters...
Exxon, fighting climate change charges, plans fuel cell venture
Exxon, the largest natural gas producer in the United States, and FuelCell Energy declined to provide financial details of the project....
Exclusive: Shift in Saudi Oil Thinking Deepens OPEC Split
OPEC is dead, declared one frustrated official, according to two sources who were present or briefed about the Vienna meeting....
World Bank: Water Scarcity Has Major Impacts on Countries’ Economic Growth
Already, over 4 billion people around the world experience water scarcity at least one month out of each year....