The G7 energy ministers in Japan again reflected on the issue of power. They agreed on Monday to step up energy security and boost investment to counter price instability caused by the fall in crude oil prices. Ministers from Japan, Canada, Germany, Italy, the US, Britain and France and representatives from the International Energy Agency (IEA) and The International …

  Sara Hsu SPECIAL TO EMIRATES BUSINESS Despite China’s downturn, its automobile industry is performing well, as may be surmised from the enthusiasm generated at the Beijing Auto Show and, of course, sales statistics. Auto sales have been on the rise, growing 4.7 percent in 2015 from 2014, with passenger cars making up the lion’s share of purchases. Auto sales …

  Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign-exchange markets, some of these voices may now be wondering if the Fed should …