Crude oil prices were heading towards a weekly gain earlier today following an update from the World Bank on the growth prospects of the Chinese economy next year. Brent crude was trading at $73.18 per barrel at the time of writing, with West Texas Intermediate at $69.58 per barrel, after the World Bank revised upwards its GDP forecast for China for both this year and next. China itself issued an ...

President-elect Donald Trump sent a Christmas message to Chinese soldiers Wednesday. Posting on Truth Social, Trump accused Chinese soldiers of illegally operating the Panama Canal. We have more on the canals importance to the United States and Chinas influence over it.

What America, China, and middle powers stand to gain and lose.

A Christmas message from President-elect Donald Trump accuses Chinese soldiers of illegally operating the Panama Canal. We have more on the canals importance to the United States, and Chinas influence over it. Classical Chinese dance company Shen Yun Performing Arts is kicking off its 2025 world tour, undeterred after receiving threats to its Atlanta performances. […]

Investors assessedNovember inflation numbers from Japan's capital of Tokyo, which saw its headline inflation rate come in at 3%, compared to 2.6% in October.

China's industrial profits extended their decline to a fourth straight month, dropping 7.3% in November from a year earlier.

Asia-Pacific markets trade mixed, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

Asia-Pacific markets are set to open higher, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

Asia-Pacific markets are set to open higher, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

Several countries, including many of NATO's prominent members, are developing new stealth jets.

Gazproms CEO Alexei Miller is ringing in the New Year with one heck of a performance review. The Power of Siberia pipeline, a cornerstone of Russias pivot to China, has exceeded its 2024 contract volume, delivering 31 billion cubic meters (bcm) of natural gas instead of the planned 30 bcm. The kicker? The pipeline hit full capacity38 bcm per yearahead of schedule, as Russia remains det...

Indias oil demand growth is expected to exceed Chinas for the first time in 2024, and continue in 2025. According to Kang Wu, global head of macro and oil demand research at SPGCI, Indias oil demand in the current year grew by 180,000 barrels per day, surpassing Chinas growth at 148,000 bpd. Indias oil demand is expected to increase by 3.2% Y/Y in 2025 compared to a 1.7% clip by Chi...

China-linked buyers accounted for 203 of 371 land purchases with national security significance in Japan in FY 2023.

For a few years now, forecasters and market analysts have been expecting India to become the largest oil demand driver in the world in the medium and long term, surpassing Chinas growth rates. This has now happened as early as this year, amid growing demand for fuel transportation in India and slowing gasoline and diesel demand in China due to the advance of electric vehicles and LNG-fueled tru...