Page 3 - Iris Pang News Today

* Brent & WTI on track for lowest closes since March * U.S. government could run out of money within a month -Yellen * U.S. and Europe expected to raise interest rates this week ... | 12:37am

Brent futures fell $3.16, or 4.0%, to $76.15 a barrel by 10:44 a.m. EDT (1444 GMT), while U.S. West Texas Intermediate (WTI) crude fell $3.19, or 4.2%, to $72.47.

Brent crude fell 42 cents to $78.89 a barrel by 1037 GMT, while U.S. West Texas Intermediate crude lost 46 cents to $75.20

Oil prices sank 4 per cent to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about a US bond default, weak economic data fro..

NEW YORK: Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about...

Financial Times: Retail surge and strong exports drive growth but recovery uneven.

China's growth has been under the spotlight as it reopens after ending most of its strict Covid restrictions that were in place for nearly three years.

Gross domestic product grew 4.5% year on year in the first three months of 2023. Read more at straitstimes.com.

China's economy grew a forecast-busting 4.5 percent in the first quarter as the country reopened after the end of zero-Covid measures late last year, official data showed Tuesday.

China's economy rebounded at a faster than expected pace in the first quarter on robust consumption and industrial production, thanks to the lifting of zero-Covid policy.