Russia's Gazprom, the world's top gas producer said that higher gas sales to Europe boosted its first-quarter revenue and it may export more to the region than expected this year because of lower Dutch gas output and limited shipments of liquefied natural gas from the United States.
Gazprom posted a 5% increase in first-quarter revenue to 1.74 trillion rubles aboutRead more
The value of bonds issued in China in May totaled 3 trillion yuan (456.35 billion U.S. dollars), nearly double the figure for the same period last year, the central bank said Thursday.
The total balance of the bond market was 54.7 trillion yuan by the end of May, according to the People's Bank of China (PBOC).
Commercial banks, non-bank financialRead more
The World Meteorological Organization (WMO) announced Tuesday that the average global temperature in May was the warmest of any May on record.
May, 2016 registered 0.95 degrees Celsius above the May average, according to the WMO's website. The warm temperatures have been most pronounced over the northern hemisphere. This has caused abnormally early melting of Arctic ice and "exceptionallyRead more
Heavy rain will hit south China during the three-day May Day holiday from Saturday, the national weather observatory has forecast.
Precipitation will be as high as 140 mm in Guizhou, Anhui, Hunan, Jiangxi and Fujian provinces, according to the National Meteorological Center (NMC).
Rain is also expected to sweep most of northeast China. Precipitation could reach 60 mm, said theRead more