Search Results for: Crude oil
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
OPEC Heads for Status Quo as Members Clash Over Output Cut
December 4th, 2015
Saudi Arabia opposes cuts without Russian participation Venezuela rallies cash-strapped members to support output cuts OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the ...
Asian stock markets trade mixed; commodities weigh
December 3rd, 2015
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices clawed back gains and was up 43 cents or 1.08 ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
China Shares Fall Sharply as Regulators Investigate Brokers
November 27th, 2015
Chinese officials have ramped up scrutiny of the securities industry Chinese authorities’ investigations into two major Chinese brokerages over suspected violations drove shares in Shanghai sharply lower Friday. The Shanghai Composite Index fell 4.6% to 3468.13, wiping out most ...
Stocks Fall on China Selloff as Yuan Weakens; Commodities Slump
November 27th, 2015
Brokerages lead losses in Chinese shares on government probes Traders holding on to December Fed bets while ECB seen easing A selloff in Chinese stocks spread across Asia as falling industrial profits and a deepening probe of the financial ...
Don’t expect Saudi Arabia to back down when OPEC meets
November 26th, 2015
Cartel may ‘splinter as each country has different agendas and priorities’ Despite a nearly 30% fall in oil prices since a June meeting, don’t expect the Organization of the Petroleum Exporting Countries’ top exporter, Saudi Arabia, to back down ...
ASX, Kospi maintain winning run; Fed-watch continues
November 23rd, 2015
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of U.S. monetary policy. Major U.S. indices ended ...
Asian Stocks Set for Weekly Gain as Metals Advance With Ringgit
November 20th, 2015
Optimism that the Federal Reserve will take a gradual approach to raising interest rates sent Asian equities toward their biggest weekly gain in more than a month and buoyed the region’s currencies. Metals advanced and oil traded near a three-month ...
Asian stocks higher as shock of Paris attacks fades
November 18th, 2015
Asian stocks were mostly higher Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: Tokyo’s Nikkei 225 gained 0.2 percent to 19,676.77 ...
