China

Crude oil prices climb to $65.89 as Russia supply concerns cool after Trump-Putin meeting

Trump is scheduled to meet Ukrainian President Volodymyr Zelenskiy and European leaders in a bid to secure a swift peace deal

Egypt and China to build $1 billion tire manufacturing facility in Suez Canal Economic Zone

The facility will take three years to complete, targeting 10 million tires annually 

OPEC forecasts global oil demand growth of 1.38 million bpd for upcoming year amid U.S. output decline

Supply growth from non-OPEC+ producers is projected to decrease, affecting overall market balance.

Stock market today: U.S. indexes surge as European markets show resilience, Asian stocks open higher

Global stock markets showed positive trends driven by optimistic investor sentiment and easing trade worries 

Dubai 24-carat gold price today climbs to AED404.25 following U.S. inflation data release

U.S. inflation data met expectations, influencing traders' outlook on potential Fed rate adjustments

Dubai 24-carat gold price today rises above AED406, global rates relieved as Trump’s tariff decision calms markets

Trump's assurance against gold tariffs calms markets; traders eye U.S. CPI and Fed rate cut expectations closely now

Crude oil prices rise 0.39 percent to $66.90 following U.S.-China tariff extension, trade optimism

Trump extended the tariff truce with China for an additional 90 days, averting duties

China maintains A+ credit rating from S&P Global as growth projections remain positive

S&P’s stable outlook reflects confidence in China achieving self-sustaining growth over the next years 

U.S. tariffs begin today, impacting European imports and over 60 countries

The new tariffs target goods from the EU, Japan, and South Korea at 15 percent

Crude oil prices climb to $67.55 on strong U.S. demand as tariff concerns persist

U.S. crude stockpiles declined by 3 million barrels to 423.7 million in the week ending August 1

U.S. trade deficit narrows by 16 percent in June to $60.2 billion as tariff rates surge to highest since 1934

Exports of goods and services totaled $277.3 billion in June, reflecting ongoing economic adjustments