The unexpected supply cut by OPEC and its allies sent oil prices soaring, and economists believe that big oil importers such as India, Japan, and South Korea will bear the brunt of the pain if prices reach $100 per barrel,… Read More ›
Day: April 7, 2023
Citi Delays Stock Rebound Forecasts Because Of Longer Than Anticipated Time Being Taken By China For Recovery
China’s economic recovery is taking longer than projected, causing Citi analysts to revise their projection for a three-month stock market rebound. Instead of June, Citi predicts the Hang Seng Index will reach 24,000 by the end of September, according to… Read More ›