Sunday, December 16, 2018
TOKYO - Losses in global stock markets snowballed on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a rise in tensions between Washington and Beijing could torpedo chances of a trade deal. Spreadbetters expected European stocks to follow, with Britain's FTSE...
SINGAPORE - Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the producer club sought to get heavyweight supplier Russia on board. International Brent crude oil futures LCOc1 fell below $60 per barrel, trading at $59.53 per barrel at 0750 GMT,...
VIENNA - OPEC has made a planned cut in oil output effectively conditional on the contribution from non-OPEC producer Russia, delegates said on Thursday as the group gathered in Vienna for a meeting aimed at supporting battered oil prices. Five delegates said the group was waiting for news from Russia...
SINGAPORE - Oil prices fell on Wednesday, pulled down by a U.S. supply glut and a drop in stock markets as China’s government warned of increasing economic headwinds and as Japan was expected to report another quarter of GDP contraction. International Brent crude oil futures LCOc1 were at $61.14 per...
SINGAPORE - Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $53.53 per barrel at 0742 GMT, up 58 cents,...
SINGAPORE - Oil prices soared by around 5 percent on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut. U.S. West Texas Intermediate...
SHANGHAI - Asian shares wavered on Friday as investors were on edge before a crucial weekend meeting between the Chinese and U.S. presidents that could determine the course of a heated trade war over the next year. MSCI’s broadest index of Asia-Pacific shares outside Japan wobbled between positive and negative...
TOKYO - Asian stocks rose on Thursday, tracking gains on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets. Spreadbetters expected European stocks to open higher, with Britain’s FTSE rising 0.5 percent,...
JOHANNESBURG - South Africa’s rand steadied against the dollar in early trade on Wednesday, with investors focusing on the Sino-U.S. trade dispute and cues from the U.S. Federal Reserve on the path of future interest rate increases. At 0630 GMT, the rand traded at 13.8900 per dollar, not far off...
SYDNEY - Asian share markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week. Moves were generally muted but Japan's Nikkei managed to add 0.8...