Monday, November 19, 2018
LONDON - World stocks marked a sixth straight day losses on Wednesday as fears about global economic growth kept sentiment fragile, with Wall Street tipped for a weak open and oil prices languishing near two-month lows. European shares opened higher, taking a cue from Asia where MSCI’s Asian ex-Japan index...
    SINGAPORE - Oil prices fell on Tuesday after Saudi Arabia said it would play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to U.S. sanctions against Iran’s crude exports that start next month. Front-month Brent crude oil futures LCOc1 were at $79.33 a barrel at...
SINGAPORE - Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month. Benchmark Brent crude oil futures LCOc1 were at $80.26 a barrel at 0646 GMT, up 48 cents, or 0.6...
BEIJING - China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter, with regulators pledging further policy support as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. Chinese authorities are trying to navigate...
TOKYO - China’s benchmark stock index skidded to four-year lows on Thursday, dragging Asian equities lower, while the dollar hit a one-week high as minutes of the Federal Reserve’s latest meeting reinforced expectations that U.S. yields will rise further. The minutes from the Fed’s Sept. 25-26 meeting showed every Fed...
LONDON - Forecast-beating U.S. company earnings improved the mood on world equity markets on Wednesday, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street’s best one-day rise in eight months. While the dollar’s mini-bounce off two-week lows checked emerging-market...
LONDON - U.S. crude inventories, but reports of a fall in Iranian oil exports helped to limit losses. crude was down 70 cents a barrel at $80.08 by 1100 GMT. U.S. light crude was 65 cents lower at $71.13. “Shale oil production continues unabated in the United States,” said Carsten Fritsch,...
SINGAPORE - Asian shares staged a rebound on Friday to set course for their first gains in two weeks, with Shanghai managing a modest recovery from a rout that saw its shares crumble to near 4 year lows. The strong gains soothed investor sentiment, which was hit after a major...
LONDON - The dollar weakened on Thursday following an overnight drop in U.S. Treasury yields, though moves in foreign exchange markets were far more contained than the global rout in stocks. Risk appetite broadly remained robust in currencies, with the Aussie and the kiwi rallying by half a percent each...
TOKYO - Oil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as Hurricane Michael churned toward Florida, causing the shutdown of nearly 40 percent of U.S. Gulf of Mexico crude output. Brent crude LCOc1 futures were down 21 cents at $84.79...