According to media reports, Sinopec, the Chinese energy company, plans to start purchasing 1.5 million tons of liquefied natural gas (LNG) from the Canadian company Pembina Pipeline starting in 2028. It is assumed that the main source of supplies will be the Cedar LNG plant, which is currently being built by Pembina itself and the Indian Haisla First Nation. The project, which is estimated to cost $4 billion, is planned to be jointly developed by the two companies. In addition to gas purcha... Více
US stocks dropped in value after the Dow Jones Industrial Average index was unable to make... Více
The economy of Japan is gaining momentum to recovery since 2015 as data from the Bank of Japan... Více
The Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Více
On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Více
The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Více
The highly-regarded business climate index of the Germany published its data which showed an upbeat... Více
Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Více
The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Více
The U.S housing market dropped in November, however, its level is still in a stable condition which... Více
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Více
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Více
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Více
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Více
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Více
The economic sentiment for Germany remained constant for this month as it was supported by a... Více
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Více
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Více
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Více
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Více
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Více
The market was left in a state of general confusion after the European Central Bank publicized its... Více
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Více
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