#China
Non-oil foreign trade crossed Dhs583bn during the third quarter of the year
The agreements covered sectors like green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation, logistics, medical industries, housing and construction factories
West Texas Intermediate held above $74 a barrel after futures sank almost 9 per cent in the prior three sessions to erase the year’s gains
Gold tends to have a negative correlation with the dollar and rates as it does not bear interest and is priced in the US currency
The decision by the Organization of Petroleum Exporting Countries and its allies should hold for at least a few months
The OPEC member exports about 2 million barrels a day of crude, most of it to Asian countries such as China, South Korea, Japan and India
The device weighs 261g and is said to be the industry’s lightest foldable smartphone currently
Tim Clark said Emirates flights to Asian destinations that have already reopened are essentially full
Oil prices have weakened this month on concerns about demand
Oil is trading near the lowest level since September
The company sees strong demand for the iPhone 14 models but the lockdowns mean customers will experience longer wait times to receive their new products
The Lin-Gang Special Area offers some of the most innovative and forward-looking business policies for both Chinese and international companies beyond normal free zones offerings
Crude is on course to gain in October following a run of four monthly declines
Since peaking in March, gold prices have tumbled 18 per cent as the Federal Reserve’s rate hikes caused mass liquidation by financial investors
Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns
The carmaker doesn’t break out sales by geography, but the US and China are its largest markets
Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn
The iPhone 14 line was unveiled earlier this month alongside new Apple Watches and AirPods
The world’s cotton supply keeps shrinking, hit by drought and heat
Oil has made a weak start to September, extending a run of three monthly losses
China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine
Commodities including oil have also faced a headwind this month from gains in the dollar
The total overseas investments amount to $23.2bn and its overseas equity capital is approximately $65bn
Investors have backed away from commodities in recent months as slowing growth feeds concern that energy usage will drop
As recently as 2017, Asian countries barely featured among the world’s 10 most-accepted passports
Shipments for June were the lowest since September
West Texas Intermediate tumbled below $91 a barrel on Thursday
All major groups in the S&P 500 retreated with losses in megacaps like Tesla and Apple weighing heavily on trading
Spot gold fell 0.5 per cent to $1,725.05 an ounce in Singapore, after falling 0.5 per cent in the previous session
Crude has tumbled since early June on escalating fears of a slowdown as central banks raise rates to combat rampant inflation