SHANGHAI — China kept its benchmark lending rates for corporate and household loans steady at its June fixing on Monday, matching market expectations. Read More
Curacao will begin negotiations with a seven-company consortium to take over management of the Caribbean island’s oil refinery and storage terminal, state-owned Refineria di Kòrsou (RdK) said on Sunday. Read More
SINGAPORE — Oil prices wobbled early on Monday as investors refocused on tight supplies, though sentiment was still fragile after 6% slump in the previous session amid concerns about slowing global economic growth and fuel demand. Read More
SYDNEY — The Australian Energy Market Operator (AEMO) said a fire that ripped through a New South Wales power station on Saturday will not affect electricity supply, already snarled by an energy crisis in the country’s east. Read More
BEIJING — Mainland China reported 159 new coronavirus cases for June 18, of which 36 were symptomatic and 123 were asymptomatic, the National Health Commission said on Sunday. Read More
KYIV — The head of NATO said on Sunday the war in Ukraine could last years and Ukrainian forces faced intensified Russian assaults after the EU executive recommended that Kyiv should be granted the status of a candidate to join the bloc. Read More
Federal Reserve Governor Christopher Waller on Saturday became the latest U.S. central banker to pledge a whatever-it-takes approach to fighting inflation, three days after the Fed raised interest rates by three-quarters of a percentage point and signaled more hikes to come. Read More
BRUSSELS/KYIV — With the war in Ukraine’s east raging on, Kyiv received a major boost when the European Union recommended that it become a candidate to join the bloc, in what would be a dramatic geopolitical shift following Russia’s invasion. Read More
A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant in Shanghai early on Saturday, the company said, adding the fire had been brought under control. Read More