Asian markets, crude drop on China unrest

Asian markets, crude drop on China unrest

Stocks and oil prices sank Monday on concerns about protests across China calling for political freedoms and an end to the government’s hardline zero-Covid policy, fuelling uncertainty in the world’s number-two economy. Hundreds of people took to the...
Markets mainly drop on fresh China Covid fears

Markets mainly drop on fresh China Covid fears

Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China. Shares headed lower as China’s first coronavirus death in six months sparked fears officials would reimpose strict, economically painful restrictions to...
Saudi Aramco posts 39 percent jump in profits

Saudi Aramco posts 39 percent jump in profits

By Robbie COREY-BOULET and Haitham EL-TABEI Saudi Aramco on Tuesday posted a 39-percent jump in third-quarter profits year on year boosted by higher oil prices resulting largely from Russia’s invasion of Ukraine. The announcement came as the OPEC+ cartel of oil...