Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
China posted an all-time high importation of crude oil from Saudi Arabia, surging 95 percent in May from last year as refineries took advantage of the low prices while trying to meet increased demand.
Arrivals from Saudi reached 2.16 million barrels per day (bpd) in May, increasing from 1.11 million bpd in May 2019. It is also 71 percent higher from 1.26 million bpd in April.
Consequently, Saudi remained the top supplier to China, the world's biggest oil buyer.
The country's crude oil imports jumped 19.2 percent in May from last year to its highest monthly level.
Chinese refineries have been increasing crude storage, estimated by energy consultancy Kpler, to reach an all-time high of 782 million barrels by taking advantage of low prices with the pandemic stunting global demand.
China's total capacity 61 percent full.
Last month, China received its first crude cargo from the US since November, of around 550,000 tons.
China is set to import a record amount of US crude oil in July, as purchases made by bargain hunters during April are delivered.
Russian shipments also increased in May to reach 1.82 million bpd from 1.75 million bpd in April and 1.5 million bpd from May last year.
However, China avoided importing from Venezuela, and minimized shipments from Iran were due to US sanctions.
