ECONOMY & MARKETS

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016.

EU Meets OPEC Amid Calls For Oil Output Increase

European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil.
More news
IBTimes Logo

China's Zhihu Starts Hong Kong Dual Primary Listing

Chinese question-and-answer website Zhihu Inc opened its bookbuilding process on Monday to raise $133 million in a dual primary listing in Hong Kong, according to its regulatory filings and a term sheet seen by Reuters.
A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

BOJ Official Warns Against Excessive Volatility In Yen Moves

A senior Bank of Japan (BOJ) official on Monday warned that excessive volatility in yen moves could hurt growth, after the currency's slide below the key 125 yen threshold on the dollar raised concerns about broader risks to the import-reliant economy.
Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020.

BOJ Cuts View On Most Japan Regions, Warns On Ukraine Impact

The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of "very high uncertainty" over the fallout from the Ukraine crisis, underscoring heightening risks to the economic recovery.
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016.

Macron Lead Lends A Hand To The Euro Ahead Of ECB

The euro made a firm start to the week on investor relief that incumbent Emmanuel Macron led first-round voting in the French presidential election, while other moves were slight ahead of central bank meetings in Europe, Canada and New Zealand.
An oil & gas pump jack is seen near Granum, Alberta, Canada May 6, 2020.

Oil Falls, Pressured By China Lockdowns, Reserves Release

Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world consumers announced plans to release a record volume of crude and oil products from strategic stocks and as China lockdowns continued.
Italy's Prime Minister Mario Draghi speaks during a joint news conference with Italy's Economy Minister Daniele Franco (not pictured) on the government's new fiscal targets in Rome, Italy, September 29, 2021.

Italy Cuts Growth Impact Of Recovery Plan, EU Funds

Italy has reduced its estimates for the economic growth impact of European Union funds and reforms connected with its Recovery Plan, a Treasury document showed on Friday, saying the cash will be spent more slowly.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.