Saudi King stated that oil output can be increased if needed

Source: Dukascopy Bank SA
The leader of Saudi Arabia promised the US President Donald Trump to boost oil production if necessary and claimed that they have a spare capacity of producing additional 2M barrels per day.
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Sun, 01 Jul 2018 09:35:58 GMT

Chinese Sinochem and ChemChina set to merge

The Chinese state-owned Sinochem Group and ChemChina are going to merge, where current chairman of a Sinochem company Ning Gaoning is set to become the chairman of a newly merged enterprise.

Sun, 01 Jul 2018 07:59:36 GMT

China Development Bank to emit 35B yuan bonds

China Development Bank is anticipated to issue 35B yuan ($5.29B) financial bonds to worldwide investors on 3 July under scheme called bond connect.

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