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China aims to create over 13M jobs in 2018

China targets to create over 13 million jobs in 2018, Chinese Premier Li Keqiang said on Tuesday. According to the country’s official Xinhua news agency, Li said the minimal target was 11 million, but the Chinese government will work hard to reach the aim. More than 66 million...

US crude exports becoming bigger presence in global oil

NEW YORK (AFP) -  Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure and altering the global petroleum market. Now pumping more than 10 million barrels per day, the US has become the second...

US Fed to raise rates with trade tensions on horizon

WASHINGTON (AFP) -  The Federal Reserve this week will fire the opening salvo in a series of interest rate hikes this year, hoping to get out in front of an expected pickup in inflation. The first rate hike of the year is overwhelmingly predicted by futures markets, analysts and...