Global oil market recovers with rise in Chinese oil demand
Chinese imports of US crude oil surged in August...
China
China’s housing market tumbles as sales diminishes
House sales slumped 2.1 percent to 8.1 trillion yuan in the first...
PetroChina commits to become carbon neutral by 2050
During the period, investment will increase up to 10 billion yuan annually...
Sunpower ink 76.8 million yuan deal with Chongqing Iron & Steel Company
Sunpower has won its second tender to work for the Chinese steel...
SoftBank-backed OneConnect seeks to boost business outside Southeast Asia
The firm’s share prices surged 115 percent...
Major Chinese banks incur Q1 losses amid Covid-19 pandemic
Banks recorded a 9.4 percent dip in their Q1 net profit...
ADNOC sees strong return of oil demand amid Covid-19 pandemic
ADNOC is the major producer of oil in the UAE...
Ant to launch consumer finance firm in China’s Chongqing
The company will team up with TransInfo Technology and Nanyang Commercial Bank...
Chinese stock market receives $251.8 bn capital from mutual fund investors
Investors have sold about 1.75 trillion shares in 862 newly launched mutual...
China establishes oil deal with ADNOC
The deal is expected to be approved by Abu Dhabi’s Supreme Petroleum...