Oil Prices Rise on Fed Rate Cut Expectations

Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.

Brent crude futures climbed 37 cents, or …

Oil Prices Rise on Fed Rate Cut Expectations

Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.

Brent crude futures climbed 37 cents, or …

China’s Fiscal Revenue Down 2.6% in Jan-July

China’s fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday.

The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro…