The Business Times

Companies & Markets

China’s US$470 billion oil and gas splurge is just the start

Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainty.

Gold edges up on bargain-hunting as market awaits US jobs data

Brent crude futures closed 45 cents, or 0.7 per cent lower at US$64.44 a barrel on Tuesday.

Oil settles lower on stronger dollar, fears of oversupply

(FILES) The logo of the Saudi Arabian Oil Company (Saudi Aramco) is pictured during a press conference announcing the company's initial public offering (IPO) by the state company in the eastern Saudi Arabian region of Dhahran on November 3, 2019. Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.6 billion) following a slump in prices, the oil giant said on August 5, 2025. (Photo by AFP)

Aramco profit beats estimates in first sign of easing pressure

Steel exports have been a notable bright spot for Chinese mills, but it’s not clear whether that can last as the world tilts increasingly towards protectionism

China aims to revive steelmaking without ordering cuts to supply

Non-yielding gold tends to do well in a low-interest-rate environment and during times of heightened economic uncertainty.

Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook

The Trump administration’s dedication to create a rare-earth and magnet market that operates outside of China’s influence.

US looks to invest in rare-earth firms in race with China

Brent crude futures rose 12 cents, or 0.2 per cent, to settle at US$64.89 a barrel on Monday.

Oil prices steady despite Opec+ plans to pause output increases

Until the new rules took effect on Saturday, most Chinese gold retailers had been able to fully deduct value-added tax (VAT) on their inputs when selling to consumers.

Chinese jewellers to bear the brunt of gold tax change

The joint venture between Italy’s Eni and Malaysia’s Petronas plans to invest more than US$15 billion over the next five years to develop roughly three billion barrels of discovered reserves and explore a further 10 billion barrels.

Eni, Petronas merge Indonesia, Malaysia assets in joint venture

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