5 d. ago Asian shares are mixed after Wall Street drifted around its records

MANILA, Philippines (AP) — Asian shares traded mixed on Thursday after U.S. stocks drifted near their records. U.S. futures edged higher, while oil prices declined. Japan’s Nikkei 225 rose 0.2% to 51,139.48 as investors took heart as the U.S. government shutdown finally ended. President Donald Trump signed a government funding bill Wednesday night, ending a […]

Sport

5 d. ago EIA raises oil output forecast, says oversupply will weigh on prices in 2026

An oversupply of oil on global markets will continue to weigh on prices in 2026, according to the latest update from the U.S. Energy Information Administration.

Economics

6 d. ago Asian shares are mostly higher in cautious trading as Wall Street settles

TOKYO (AP) — Asian shares mostly gained in cautious trading Wednesday after most U.S. stocks rose, settling back to where they were before last week’s swoon over the future of artificial intelligence. U.S. futures edged higher while oil prices declined. Japan’s benchmark Nikkei 225 added 0.4% to finish at 51,063.31. SoftBank Group’s shares fell 3.5%, […]

Other

6 d. ago A global oil glut is looming, but these forces could turn it around

Watch Rory Johnston on what is driving crude markets and prices right now

Other

7 d. ago Surging Stockpiles of Niche Fuels Are Rewriting Oil Market Math

Ballooning inventories in a niche corner of the fuel market are compounding the global oversupply of oil and complicating the outlook for benchmark crude prices.

Economics

8 d. ago World shares advance as tech shares rebound and the Senate takes steps to end the shutdown

BANGKOK (AP) — Shares advanced in Europe and Asia on Monday as tentative moves by the U.S. Senate to end the federal government shutdown pushed U.S. futures higher. The Senate voted late Sunday, in a test vote that begins a series of procedural maneuvers, to move toward passing compromise legislation to fund the federal government, […]

Other

8 d. ago Europe’s Energy Giants Show They’re in Better Shape Than Feared

Europe’s energy firms did much better than expected in the third quarter, as stronger refining margins offset the impact of subdued oil prices, though the outlook going into 2026 remains uncertain.

Economics

1 week ago World shares retreat after falling tech stocks pull Wall Street lower

BANGKOK (AP) — Shares were mostly lower in Europe following a retreat Friday in Asia after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures edged higher and oil prices advanced. Germany’s DAX edged 0.1% lower and the CAC 40 in Paris was little changed at 7,965.31. Britain’s FTSE 100 lost 0.4% […]

Economics

1 week ago US Shale Operators Defy $60 Oil to Keep Increasing Production

US shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding out small increases and setting up the industry to add to next year’s record supply glut.

Economics

1 week ago Asian shares advance after solid earnings and economic reports updates lift Wall Street

BANGKOK (AP) — Shares bounced back Thursday in Asia after Wall Street got a boost from upbeat economic updates and a steady flow of quarterly reports from U.S. companies. U.S. futures were little changed and oil prices advanced. In Tokyo, the Nikkei 225 gained 1.5% to 50,959.14. Shares in Nissan Motor Co. gained 1.3% after […]

Other

1 week ago Oil Holds Drop as Saudis Cut Asian Prices, US Inventories Climb

Oil steadied after a two-day decline, as traders weighed price cuts from key producer Saudi Arabia and the biggest jump in US stockpiles since July.

Economics

1 week ago Suncor hikes dividend as earnings beat expectations despite slumping oil prices

Increased production and sales volumes, as well as strong refinery performance, helped offset weaker crude prices

Economics

1 week ago Asian shares sink after losses for Big Tech pull US stocks lower

BANGKOK (AP) — Tokyo’s benchmark Nikkei 225 index tumbled more than 4% on Wednesday and other shares in Asia also sank after a retreat on Wall Street spurred by selling of Big Tech shares. U.S. futures were slightly lower and oil prices also fell. The Nikkei was trading down 4.7% at 49,104.05 by midday. Shares […]

Economics

2 w. ago Carney says China doesn’t share concerns about ‘foreign interference’

Prime Minister Mark Carney said China does not grasp Canada's level of concern on "foreign interference" after meeting with Chinese President Xi Jinping.

Transport

2 w. ago Mark Carney meeting with China’s president a ‘turning point’

Despite years of poor relations, will Friday's meeting represent a turning point in Canada-Chinese relations?

Transport

2 w. ago China, Canada Leaders Meet For the First Time Since 2017 to Reset Ties

Canada’s Prime Minister Mark Carney hailed a “turning point” in his nation’s ties with China after a meeting with Chinese Xi Jinping that marked the first formal sitdown in eight years between leaders of the two nations.

Politics

2 w. ago Shares in Asia are mixed and Chinese markets fall despite Trump’s trade truce with Xi

MANILA, Philippines (AP) — Asian shares are mixed after the U.S. stock market sank from record heights as Wall Street sifted through various developments such as trade relations with China and profits of Big Tech giants. U.S. futures advanced and oil prices fell. President Donald Trump hailed his talk Thursday with China’s leader, Xi Jinping, […]

Economics

2 w. ago Shares in Asia mostly retreat despite Trump’s trade truce with Xi

MANILA, Philippines (AP) — Asian shares were mostly lower Friday after U.S. stocks fell back following President Donald Trump’s meeting with China’s leader, Xi Jinping. Despite the two leaders’ agreement to extend a truce in the trade war between the two largest economies, Chinese markets declined on concerns over persisting tensions between Washington and Beijing. […]

Economics

2 w. ago As Carney set to meet with China’s Xi, here’s what to watch for

Prime Minister Mark Carney said his meeting with Chinese President Xi Jinping on Friday at a summit in South Korea will discuss "a much broader set of issues than trade."

Transport

2 w. ago Seven things to watch for as PM Mark Carney meets Chinese President Xi Jinping

OTTAWA — Prime Minister Mark Carney is expected to meet with Chinese President Xi Jinping on Friday at a summit in South Korea, where he intends to talk about “a much broader set of issues than trade.” The leaders of Canada and China haven’t met formally since former minister Justin Trudeau visited China in 2017. […]

Transport