Global growth is slowing to lowest level since pandemic, says World Bank.
Global economic growth will slow to 2.5% this year as a result of the war in the Middle East – the weakest […]
Trump administration amends Venezuela licenses to boost US investment in oil sector.
The US government just rolled out the welcome mat for oil companies eyeing Venezuela’s vast crude reserves, but the mat comes with […]
Foreign investment in US surges to $232 billion after four years of declines.
Foreign investment in the US jumped in 2025 after falling for four years in a row, a possible result of companies rushing […]
Japan Taps Reserves and New Suppliers to Beat the Oil Blockade.
Despite the Hormuz crisis, Japan has secured the same volumes of oil imports for July as it did a year ago, as […]
How a 42% reserve boost at one gold mine added $1 billion to Zimbabwe’s mining ambitions.
The Dokwe Gold Project, located in the southwestern district of Tsholotsho, recorded a 42% increase in proven and probable gold reserves, raising […]
U.S. Company to Send 250,000 Barrels of Fuel to Cuba.
An American company is preparing to send a cargo of diesel and gasoline to Cuba in what, if successful, would be the […]
Another oil discovery deepens confidence in Namibia’s prospects as an oil-producing nation.
The energy giant said that a substantial oil-bearing reservoir was found in its Merlin-1X exploration well, which is part of Petroleum Exploration […]
Oil prices climb more than US$4 after Israeli strikes on Iran and Lebanon.
Oil prices jumped more than US$4 (RM16.28) on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed […]
Vanguard celebrates launch of world’s first trillion-dollar ETF.
Vanguard’s S&P 500 ETF, known by the ticker VOO, became the first exchange-traded fund in history to surpass $1 trillion in assets […]
Bank of Korea Reports Reserves at $426.99 Billion on June 4, Down from $427.88 Billion.
South Korea’s foreign exchange reserves decreased by $880 million in one month due to market stabilization measures, including a foreign exchange swap […]
Africa’s gold giants set for windfall as bullion overtakes U.S. Treasuries in global reserves.
According to a recent European Central Bank (ECB) report cited by the Financial Times, gold accounted for 27% of global central bank […]
Trump Plans $700 Million Lifeline for U.S. Coal Power Plants.
President Donald Trump plans to allocate a support package of $700 million for coal power generation, citing an unnamed White House official […]