Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Více
Japanese core consumer prices increased by a fraction for the second consecutive time last month,... Více
Change in market sentiment after a regional inflation in Germany pulling the Euro currency back to... Více
In an interview with CNBC, Fed Vice Chairman Stanley Fischer anticipates the central bank for a... Více
Asian stocks started off on a mixed note as global equities stayed within its record highs as the... Více
Stakeholders from Nigeria and Norway looked for opportunities outside to increase direct foreign... Více
Nuclear energy firm Westinghouse has been declared bankrupt by the board of Toshiba Corp. after... Více
Public Officials Benefit Association (POBA), a local authority that manages the retirement funds of... Více
Australia withdrew its vote to ratify the extradition treaty with China on Tuesday. This is a... Více
As stated by the Central Bank of Korea on Tuesday, their economy gained 2.8 percent from a year... Více
High-risk assets experienced an easing in its selloff after US stocks managed to make a slim... Více
Further countries of the Great Britain agreed to withdraw from the European Union despite its high... Více
Chinese Premier Li Kequiang and New Zealand’s Prime Minister Bill English have agreed to expand the ... Více
Republican leaders and groups bore the brunt of President Donald Trump’s ire on Sunday as the a... Více
During the recent monetary policy meeting of the central bank of New Zealand, they concluded to... Více
Tech giant Samsung Electronics Co. issued an apology last Friday following the firm’s involvement i... Více
In spite of signs of improvement in the global economy, Yongmaan Park, Korea Chamber of Commerce... Více
Japanese exports surged for the third consecutive time last month as the country’s economic r... Více
A rare poll conducted over the Cuban populace showed results that nearly all of the citizens of... Více
Japan exports rose for more than two years in February after a decline in January. It has exceeded... Více
China has reshuffled its cabinet officials. Guo Shuqing has been appointed as China's banking... Více
Asian stocks dropped as the Japanese yen maintained its hold on its recent gains while bonds... Více
The supreme Leader of Iran, Ayatollah Ali Khamenei have reiterated on Monday for a call of a... Více
The Scandinavian country, Denmark is scheduled to pay off its latest foreign currency loans with an... Více
German Chancellor Angela Merkel and Japan’s Prime Minister Shinzo Abe discussed free trade between c... Více
North Korea has recently carried out the testing of a brand new high-thrust rocket engine which... Více
The European Central Bank is most likely to raise its deposit rate with 80% chance on December... Více
PricewaterhouseCoopers LLP stated UK consumer spending would probably weaken in the long run after... Více
Canadian Federal Finance Minister, Bill Morneau is preparing for disclosing the details regarding... Více
In January 2017, the economy of Peru rose up to 4.81% which indicates the progressive the country’s ... Více
The unemployment rate in Australia reached a 14-month high as it increased by 5.9% in February. It... Více
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