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The Caixin Flash China manufacturing purchasing manager’s index (PMI) fell further to 47 in September from 47.3 in August (see chart 1), coming in below expectations. Levels below 50 signify a contraction. “Overall, the fundamentals are good”, said Dr. He Fan,...

The mattress is known as for geologist Robert Liscomb, who discovered the primary dinosaur bones in Alaska in 1961 whereas mapping for Shell Oil Co. Researchers teased out differences in the Alaska fossils, Druckenmiller said, by plotting growth trajectories and by comparing them...

“$1.5-trillion of uncommitted spend on new conventional projects and North American unconventional oil is uneconomic at $50 a barrel“, Woodmac added. In July, however, Federal Reserve Chair Janet Yellen said the Fed would raise rates this year if economic conditions...

According to a Baker Hughes report, the USA oil-rig count fell by eight to 644 in the latest reporting week, the third straight decline after six consecutive weeks of increases.

The current global hand-wringing and head-holding over whether the US Fed will or won’t raise interest rates later has got investors here in Asia anxious about what this means for their economies.

Brent crude, the worldwide benchmark, is trading at about US$49 a barrel compared with US$99 a year ago. “This is all post-Fed fallout”, Mr. Flynn said.

But he said full us employment should be achieved “in the near future” and inflation, while still too low for comfort, should gradually move back to a 2-percent goal.

Over the next month the market’s “fixation is going to shift” away from Fed lift-off talk, he says, and toward figuring out how the US and global economy is doing and what the outlook is for third-quarter corporate earnings.

“We believe at some point in the near future the rate hike cycle needs to begin in order for the Fed to retain its credibility with the markets and to remind investors that rates can not stay at zero forever”.

Stock markets mostly fell Friday, particularly in Europe, as investors were left in limbo following the Federal Reserve’s decision to keep US interest rates unchanged at a record low.

The gauge gained 0.4 per cent to 3,098.29 at the 11:30 a.m. local- time break in volumes 47 per cent below the 30-day average.

“We can only assume the violent moves we’ll see if the Fed actually raises rates”, Boockvar said.

The CSI 300 Index of the biggest companies traded in Shanghai and Shenzhen rose 4.98 percent or 157.02 points to end at 3,309.25 points.

The Saudi-led oil cartel said daily crude production outside of OPEC is likely to grow by 160,000 barrels next year, a figure 110,000 barrels lower than its estimate last month, largely because USA oil production is slipping faster than expected.

The Saudi-led oil cartel said daily crude production outside of OPEC is likely to grow by 160,000 barrels next year, a figure 110,000 barrels lower than its estimate last month, largely because US oil production is slipping faster than expected.