China

China raises risk reserve ratio to achieve balance and stability

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This October 19, 2020, image shows the exterior of the People’s Bank of China in the capital, Beijing. XINHUA . Pictures Beijing: China will raise the foreign exchange (forex) risk reserve ratio for forex forward sales to maintain the balance of supply and demand in the currency market of the East Asian country and the … Read more

Urgent: The statements of the President of OPEC ignite the markets .. Iran, Russia, China and the current danger

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OPEC Amid news of a solution soon to revive the Iran nuclear deal, the OPEC chief said the oil market can comfortably absorb the additional Iranian supplies While Haitham Al-Ghais says Chinese consumption concerns are exaggerated, while the OPEC president sees rising oil pressure risks amid bullish demand Urgent: The world’s fastest growing highest in … Read more