Wednesday 29 July 2015
 
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China

Arson attack on flight forces Chinese airport closure

Chinese authorities have suspended operations at a small regional airport in the country's east, state media reported on Wednesday, after an arson attack aboard a local flight left two passengers injured. A witness told state broadc

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Oil prices fall to near 6-month lows over China

Oil prices fell for a fifth straight session on Tuesday to their lowest in almost six months, as a rout in Chinese equities cast further doubt over the outlook for crude demand in the world's top commodities consumer. China

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Kerry heads for region to discuss Iran deal, IS

US Secretary of State John Kerry will travel to Egypt and the Gulf next week for talks on the recent nuclear deal between major powers and Iran and the fight against Islamic State militants, then he will head to Southeast Asia, where countries s

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China cbank to make monetary policy changes

China's central bank said on Tuesday that it will use various monetary tools to maintain appropriate levels of liquidity in the second half of this year . It added that the country's main economic indicators are steadily i

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Oil prices slide on China stocks rout

Oil prices fell to near four-month lows on Monday after a steep drop in Chinese stock markets and on more evidence of a global oil supply glut that has halved prices over the past year. Chinese stocks tumbled more than 8 per cent

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China stocks tumble; biggest one-day loss in 8 years

Chinese shares tumbled more than 8 per cent on Monday amid renewed fears about the outlook for the world's No 2 economy, reviving the spectre of a full-blown market crash that prompted unprecedented government intervention earlier this month

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China plans new cruise link to disputed Paracel islands

Chinese authorities plan to start a second cruise ship link to the disputed Paracel Islands in the South China Sea, state media reported on Monday, in a move that may irk Vietnam, which also claims the islets. China began cruises on the

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Oil falls to lowest close since March, down a 4th week

Brent and US crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in US oil drilling rigs applied pressure. US energy firms added 2

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Oil prices climb, but stay in bear market territory

Oil prices edged up on Friday after closing at their lowest in months in the previous session as oversupply and disappointing Chinese factory activity dragged on the market. Oil prices in the US have slumped more than 20 per cent

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Gold bounces back above $1,100 from 5-year low

Gold bounced back above $1,100 an ounce on Thursday from the previous session's five-year low, as a retreat in the dollar prompted some investors to take advantage of the price drop to buy back into the market. Many remained w

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