World Business News

p>London: When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority.

SINGAPORE: As commodity markets continued dealing on Friday, traders were lamenting the imminent demise of the version of Yahoo Messenger that has been their main communication tool since the late 1990s.

It is now an accepted fact that China’s economy is slowing. It has been well publicized that the country’s annual GDP growth rate has fallen to a level unseen since 1990 and that the world’s second largest economy has finally slowed — to say otherwise is blasphemy.

WASHINGTON: US employment increased more than expected in July and wages picked up, which should bolster expectations of an acceleration in economic growth and raise the probability of a Federal Reserve interest rate hike this year.