Oil edges up on OPEC's 2018 output cut expectations

Source: Dukascopy Bank SA
Early on Thursday, prices for oil edged at least 1% higher, amid expectations of the OPEC announcing its production cut extension into 2018 in a meeting due later today.
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Thu, 25 May 2017 05:04:35 GMT

Philippine Finance Minister attempts to dismiss martial law concerns

On Thursday, Carlos Dominguez, the Finance Minister of the Philippines, stated that President Duterte's decision to impose martial law on the Mindanao island does not affect the economic situation in the area, attempting to allay investor doubts.

Thu, 25 May 2017 04:22:31 GMT

Lenin Moreno becomes Ecuador's new president

On Wednesday, the former vice president of Ecuador Lenin Moreno was sworn in as the country's new president, having promised to keep his predecessor's social programs intact.

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