Bloomberg After months of investor concern that slammed everything from Mexico’s currency to its inflation outlook, the nation’s economy is riding a good streak. A report showed the annual inflation rate fell in early July by the most since January, suggesting that the pace of consumer price increases may finally be stabilizing after a year of acceleration. Another key indicator ...

BEIJING / Reuters State oil trader Unipec will develop “really strong” ties with China’s independent refiners, said a company executive on Tuesday, even as they present a growing challenge to its parent and Asia’s top refiner, Sinopec Corp. China issued crude oil import quotas to privately run refiners, often called “teapots”, for the first time in 2015, ending decades of ...

Bloomberg Saudi Arabia raised 17 billion riyals ($4.5 billion) from its first local Islamic bond sale this year as the biggest Arab economy seeks funds to bridge a budget deficit amid low oil prices. The government received investor offers in excess of 51 billion riyals, three times the deal size, according to a statement posted on the Ministry of Finance ...