The Latest Breaking News from ING

Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near 50-year history of the SPR. Brent futures for May fell $5.47, or 4.8%, to $107.98…

SINGAPORE: Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve (SPR) over several months to calm soaring crude prices.

Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest

It can be hard to measure the ways that Russia’s war in Ukraine has disrupted the global supply of parts and raw materials needed to manufacture products ranging from cars to computer chips

Progress in Russia Ukraine talks, a boost in U.S drilling and new Covid restrictions in China has oil on the back foot again Monday.

A national survey commissioned by ING bank has found savvy shoppers are trading traditional grocery isles for online convenience.

Fears of the impact of Russia-Ukraine war on global inflation and recession have escalated in recent weeks and another major issue looming over the horizon are concerns that the conflict could result in a hunger crisis as both countries account for over a quarter of the world’s wheat exports.

Frankfurt (AFP) - Russia's invasion of Ukraine and spiralling energy prices have upended the economic outlook and left European Central Bank policymakers with the task of navigating the eurozone through a fresh crisis at their meeting on Thursday.

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