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.... Read More
According to a senior Chinese trade official, the concerns regarding the deal between the United... Read More
The Eurozone core inflation reached a four-year high this July. This has been the highest level... Read More
The manufacturing Purchasing Managers' Index for the month of July was at 51.4 less than the... Read More
Both money markets and economists deemed that the time where the interest rates stimulate or... Read More
The U.S. gasoline futures rallied that resulted to an increase in gains this week following the... Read More
Japan’s household expenditure in the previous month accelerated most in 2015 since the available j... Read More
The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3... Read More
The British economy was able to accelerate slightly during the second quarter after a lackluster... Read More
China opens the access to capital markets for various types of investors as announced by China's... Read More
German firms are preparing for a bountiful period on the back of a slackening summer... Read More
The growth forecast of South Korea for 2017 was changed on Tuesday pledged to maintain an... Read More
The International Monetary Fund downgraded its growth outlook for the United States due to concerns... Read More
Development in the Information Technology sector and rising adaptability of the labor market in the... Read More
One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Read More
According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Read More
There is a big expectation for major central banks not to implement easing of monetary policy... Read More
The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Read More
The European Central Bank is in the process of curbing inflation to attain the two percent... Read More
The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Read More
The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Read More
The British economy is expected to slow down this year, following its slowest pace since 2012... Read More
China’s economy improved greater than anticipated for the second quarter at a faster pace since b... Read More
Singapore’s export data upsurge more than anticipated at 8.2 percent in June compared to the p... Read More
Fed Chair Janet Yellen said on Thursday that the 3 percent target of the current administration of... Read More
The economy of Singapore rose for the second quarter as it narrowly missed the recession as the... Read More
The Switzerland’s private financial institution Falcon now stores and trade bitcoins through their c... Read More
The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on T... Read More
In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Read More
The industrial production of Italy had rebounded in May which gives hints that the growth of the... Read More
The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Read More
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