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June 3, 2024 4:30 PM

OPEC+ extends oil output cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near ...

June 3, 2024 4:24 PM

Global markets-European shares rally, eyeing ECB rates move

European stocks bounced and government bond yields dropped on Monday as investors looked forward to an interest rate cut from the European Central Bank (ECB), while U.S. jobs data kept the focus squarely on inflation. The pan-European STOXX was up 0...

June 2, 2024 11:33 AM

China, UAE ready to trade defence and security experiences

China and the United Arab Emirates have emphasised a readiness to exchange experiences on defence and security, with a view to upgrading capacities of military personnel and security institutions in both countries, China's foreign ministry said on Su...

June 1, 2024 7:30 PM

Netanyahu says no Gaza ceasefire until Hamas destroyed

Israeli Prime Minister Benjamin Netanyahu said on Saturday there could be no permanent ceasefire in Gaza until Hamas was destroyed, casting doubt on a key part of a truce proposal that U.S. President Joe Biden said Israel itself had made. Biden said...

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