Tag: China

Equatorial Guinea Awards EPC Contract for New Petrochemicals Complex

February 10, 2016/APO – Riaba Fertilizers Ltd. awards EPC contract for Riaba petrochemicals complex to Chinese consortium ECEC. – Pre-FEED has been completed, ground-breaking ceremony expected by late March. Complex will comprise ammonia and urea plant. – The Riaba petrochemicals complex will elevate Equatorial Guinea’s position as a premier regional […]

Wall St. turns negative after weak services data

Wed Feb 3, 2016/Reuters By Tanya Agrawal U.S. stocks gave up early gains and turned negative on Wednesday after data showed that the economy’s service sector expanded at a slower-than-expected rate, raising concerns that weakness in manufacturing is spreading to other sectors. The Institute for Supply Management (ISM) said its […]

Asia stocks edge up after Japan policy boost; debt shines

Monday February 1, 2016/Reuters By Saikat Chatterjee Asian stocks started a new month on a cautious note on Monday, with the Bank of Japan’s surprise policy easing sparking some buying but further signs of economic weakness in China and a fall in oil prices keeping investors on guard. European stocks […]