• Asia 'set to continue fueling growth'

    04:44 PM @ 30/11/2023
    Asia is expected to continue to account for the majority of global growth in 2024 and 2025, as it has in 2023, while global growth overall will remain moderate, according to the Economic Outlook released by the Organization for Economic Cooperation and Development on Wednesday.
    SEE MORE
  • Oil steady; market eyes OPEC+ meet, weak demand indicators

    04:38 PM @ 30/11/2023
    Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group, and as weaker-than-expected Chinese factory data underscored slowing growth in the world's second largest economy.
    SEE MORE
  • OECD predicts slower global growth for 2024

    03:13 PM @ 30/11/2023
    The global economy is expected to slow down slightly next year as a result of tightening monetary policies, weak trade and lower business and consumer confidence, the Organization for Economic Cooperation and Development (OECD) said Wednesday.
    SEE MORE
  • OPEC+ talks continue, no meeting delay currently expected

    05:05 PM @ 29/11/2023
    OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for Thursday currently expected, two sources from the producer group said on Wednesday.
    SEE MORE
  • Lawmakers endorse global minimum tax rules, starting in 2024

    04:59 PM @ 29/11/2023
    With more than 93% of votes in favour, the National Assembly approved a resolution on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax), due to take effect as of January 1, 2024.
    SEE MORE