The weekend is time to take a look back at the week that’s been. Here’s a round-up of the headlines. EU HITS CHINA WITH NEW STEEL ANTI-DUMPING TARIFFS CRUDE OIL DOWN 20% FROM… Read More

WASHINGTON (Alliance News) – Crude oil futures continued to fall toward USD40 a barrel Friday morning, extending steep weekly losses on speculation the global supply glut will worsen. The Energy Information Administration… Read More

BRUSSELS (Alliance News) – The EU on Friday imposed anti-dumping duties on concrete-reinforcing steel imported from China, as part of efforts to stop underpriced goods from flooding the bloc’s markets. Brussels and… Read More

TOKYO (Alliance News) – The Bank of Japan raised the target for exchange-traded fund purchases and doubled its dollar lending program in addition to the fiscal stimulus that the government had unveiled… Read More

VIENNA (Alliance News) – Eurozone economic confidence strengthened unexpectedly in July indicating that the single-currency region shrugged off the negative impact from the “Brexit” vote, while the weakness was evident in the… Read More

LONDON (Alliance News) – Lloyds Banking Group PLC on Thursday reaffirmed its guidance for all of 2016 but said it will close more branches and sack more workers in order to prepare… Read More

WASHINGTON (Alliance News) – The US Federal Reserve left its benchmark interest rate unchanged Wednesday after a two-day meeting in Washington. The central bank pointed to a strengthening labour market and moderate… Read More

TOKYO (Alliance News) – Japanese Prime Minister Shinzo Abe on Wednesday said his government is set to unveil a stimulus package of more than 28 trillion yen ($266 billion) to boost the… Read More

SANTIAGO (Alliance News) – Latin America’s economy will shrink in 2016 by 0.8%, according to a projection by the UN Economic Commission for Latin America and the Caribbean (ECLAC). The group’s annual… Read More

WASHINGTON (Alliance News) – Crude oil prices continued to fall Tuesday morning amid lingering concerns that supplies are outpacing demand. Traders ignored a prediction from BP’s CEO that oil prices will recover… Read More