A global shortage of nitrogen fertilizers and record-high prices are forcing US corn, canola and wheat farmers to delay purchases. This threatens to reduce harvests for North American countries. Canadian company Nutrien (the largest supplier of fertilizers in the U.S. and the world market leader in...

A return of coronavirus infections in Europe is raising concerns that the region's successful economic recovery from the epidemic might be threatened by another harsh winter.   So far, the new Covid-19 wave has had just a minor influence on corporate activity in the eurozone's 19 member...

Wall Street banks are preparing for a prolonged period of higher inflation by conducting internal health checks, checking whether clients in vulnerable industries can repay loans, developing hedging measures, and advising prudence when it comes to transactions.   Consumer prices in the...

After OPEC+ producers repeatedly disregarded demands for extra petroleum, US President Joe Biden's administration stated on Tuesday that it will release millions of barrels of oil from strategic reserves in collaboration with China, India, South Korea, Japan, and the United Kingdom to attempt to...

With the relaxation of the restrictions imposed by authorities to prevent the spread of Covid-19, there was an acceleration of output which pushed the pace of growth of factory activity in Japan in the month of November was the fastest in almost four years. That was despite a surge in input costs...

Barclays Bank has raised its forecast for average oil prices for the next 2022 to $77 and $80 a barrel for WTI and Brent, respectively, Reuters reports. According to the bank's experts, the market should expect a faster reduction in crude inventories and a cautious supply response. The bank...

In response to a request from the United States, Japanese Prime Minister Fumio Kishida has officially announced the decision to open up a portion of the country's national oil reserve. "We are aware of US Vice President (Joe) Biden's announcement of an oil sale. So far, we've been working with...

Japanese authorities will adopt a $692.1 billion package to support sectors and populations most affected by the COVID-19 pandemic. The government will allocate $488.5 billion from the budget, with private businesses, foundations and financial institutions investing the rest. Under the programme,...

The high volatility in the crypto market on Tuesday continued to impact the cart on Wednesday.   In Asia, except for stablecoins that are pegged against the dollar, the value of all other eight of the top 10 cryptocurrencies were down in trading on Wednesday.   There was a drop of...