TOKYO Crude futures fell in Asian trade on Thursday, adding to sharp losses the previous session after the Federal Reserve raised rates for the first time in nearly a decade and official figures showed a surprise build in U.S. inventories. West Texas Intermedi... More »
SYDNEY Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. European shares were expected to ... More »
LONDON Britain’s top court will decide on Wednesday whether to back U.S. Republican presidential front runner Donald Trump’s bid to stop wind farms being built near his luxury Scottish golf resort amid a growing spat with politicians in his mother’s homeland. ... More »
SINGAPORE Crude oil prices dipped further on Monday after OPEC failed to agree on output targets to reduce a bulging glut that has cut prices by more than 60 percent since June 2014. The Organization of the Petroleum Exporting Countries failed to agree on an o... More »
SYDNEY Asian share markets turned mixed on Monday as caution grew ahead of Chinese data, though sentiment stayed supported by hopes the U.S. economy would be able to handle an expected first increase in interest rates in almost a decade. Oil prices were near t... More »
LONDON A perceived lack of ambition in the European Central Bank’s latest stimulus efforts left financial markets with a niggling worry on Thursday that even ‘Super Mario’ Draghi might not be able to drag euro zone inflation back up to target. A bare minimum 0... More »
OUAGADOUGOU Burkina Faso should announce provisional results on Monday from an election to choose the West African country’s first new leader in decades, the head of the electoral commission said. Sunday’s peaceful election comes after longtime leader Blaise C... More »
SINGAPORE Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the dollar. Oil prices are heading for declines of as much as 10 percent this month, with a suppl... More »
TOKYO An extended selloff in Chinese stocks pulled down Asian markets on Monday, while the yuan bounced on suspected intervention by Beijing hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI’s broadest index... More »
SEOUL Crude futures plunged on Monday, with U.S. oil dropping more than 3 percent on a firmer U.S. dollar and festering worries over a global supply surplus. The fall was part of a wider decline in commodities that has also been stoked by worries over falterin... More »
BUENOS AIRES Conservative challenger Mauricio Macri turned Argentine politics on its head on Sunday, kicking the ruling Peronist movement out of power with a promise to liberalize the ailing economy and end a culture of divisive politics. Macri, the son of an ... More »
SYDNEY The euro sagged to a seven-month trough on Monday as the prospect of more policy easing in Europe benefited the U.S. dollar, while activity in Asian shares was crimped by a holiday in Japan. The strength of the dollar also combined with worries about Ch... More »
BUENOS AIRES By the end of President-elect Mauricio Macri’s first four-year term, Argentina will have doubled wheat shipments and surpassed Russia and Brazil as a corn exporter, by some estimates, as the abandonment of years-long trade restraints unleashes the... More »
LONDON The euro hit its weakest in more than six months against the yen on Monday as investors sought safety in gold and low-risk government debt after Friday’s attacks in Paris. Oil prices edged up after France launched large-scale air strikes against Islamic... More »
SINGAPORE Oil prices edged up on Monday as France launched large-scale air strikes against Islamic State in Syria, but analysts said commodities were expected to remain under pressure as oversupply weighs on prices. Crude benchmarks, which lost 8 percent last ... More »
LONDONThe dollar took a breather on Monday having surged to a seven-month high, while emerging, commodity and bond markets had a nervy feel after strong U.S. jobs data boosted bets on a December Federal Reserve rate hike. European .FTEU3 and Asian .MIAPJ0000PU... More »
LONDONOil futures rose above $47.50 a barrel on Monday as OPEC said it expected global demand to remain strong next year, while weak Chinese trade data and concerns over rising supplies weighed. A weaker dollar further supported oil, with Brent crude for Decem... More »
CHICAGO/MEXICO CITYMonsanto Co on Friday denied that plantings of its genetically modified soybeans have impacted bees, led to deforestation or caused damage to the honey production industry in two Mexican states. Mexico’s Supreme Court on Wednesday blocked a ... More »
LONDONBanks struggled again to make money trading bonds, currencies and commodities in the third quarter, as regulatory changes squeezed liquidity and intensified the pressure to cut costs, staff and activity. Revenue and profit fell for most of the world’s ma... More »
SINGAPORE Oil prices dropped in Asian trading hours on Monday as analysts expected weaker demand from China in upcoming months, but firming Japanese economic data offered some support. Benchmark U.S. crude futures CLc1 had fallen 15 cents from their last settl... More »
TOKYO Asian stocks slid to their lowest level in nearly three weeks on Monday, as profit taking set in after soft Chinese factory surveys and U.S. consumer spending data raised concerns over the global economic outlook. MSCI’s broadest index of Asia-Pacific sh... More »
NEW YORK Oil gained on Friday while stocks on Wall Street closed lower even as major U.S. and European stock indices posted their best month in at least four years, boosted in part by accommodative monetary policies in the euro zone and Japan. Oil prices rose ... More »
SINGAPORE Crude oil prices remained weak on Monday as a slowing demand outlook implied oversupply will remain in place for months, prompting speculators to cut their bets on rising prices. Front-month U.S. crude futures were trading at $44.62 per barrel at 2.5... More »
TOKYO Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s index o... More »
NEW YORK High-yield energy bonds are on track for their worst year since the global financial crisis yet some funds are holding on, convinced that markets underestimate the ability of many oil companies to ride out the crude price slump. Some money managers su... More »
NEW YORK Stocks rose in the United States and Europe and the dollar hit a three-week high against the euro after European Central Bank President Mario Draghi said further rate cuts were being considered to stimulate the euro zone economy. The ECB, as widely ex... More »
SINGAPORE Oil prices dipped on Monday as China’s economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis, raising concerns about demand. Brent for December delivery LCOc1 was down 27 cents at $50.19... More »
HONG KONG Asian shares held two-month highs on Monday as a batch of Chinese data showed the economy slowing while still managing to reassure investors it was not in danger of a hard landing. Adding to optimism wee growing bets that the U.S. Federal Reserve wil... More »
NEW YORK Stocks in major world markets rose to a two-month high on Friday and the dollar ticked up, boosted by views that the European Central Bank may provide more stimulus to the euro zone economy. Oil prices rose nearly 2 percent as traders covered short po... More »
SINGAPORE Oil prices rose on Monday as the number of U.S. rigs fell for a sixth week, while investors waited for Chinese trade data to be published later this week for clues whether the world’s second biggest economy and oil consumer was slowing down further. ... More »
HONG KONG Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fueled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year faded. European stocks w... More »
SINGAPORE Oil prices rose on Monday as the number of U.S. rigs fell for a sixth straight week, while investors waited for Chinese trade data to be published later this week for clues on demand at the world’s top energy consumer. U.S. West Texas Intermediate (W... More »
SEOUL Crude oil futures rose on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a persistent supply glut. A report showing a fifth... More »
TOKYO Asian stocks rose on Monday as expectations for a U.S. interest rate hike this year faded after weaker-than-expected employment data. Spreadbetters forecast a higher open for Britain’s FTSE .FTSE, Germany’s DAX .GDAXI and France’s CAC .FCHI as investors ... More »
NEW YORK Global equities ended their worst quarter since the 2011 euro zone crisis on an upbeat note with a rally on Wednesday on hopes that Wall Street had bottomed and the commodities rout was over, while the dollar also rose. Major equity indexes around the... More »
LONDON Glencore (GLEN.L) shares sank more than 10 percent to a new record low on Monday, with the mining and trading company’s drive to sell assets to cut heavy debts failing to soothe fears over slumping metals prices. Traders cited a bearish Investec note th... More »
SINGAPORE Oil prices dropped on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China’s August industrial profits dropped 8.8 percen... More »
SINGAPORE Asian shares and emerging currencies fell on Monday after the U.S. Federal Reserve’s decision to keep interest rates at record lows raised fresh concerns about growth globally, particularly in China. European markets were set to follow suit, with fin... More »
SINGAPORE Oil prices rose by around one percent on Monday as U.S. drilling slowed and analysts estimated that $1.5 trillion worth of planned American production investment was uneconomical at prices of $50 per barrel or lower. Crude prices have plunged over 50... More »
(This version of the story corrects number of troops in paragraph 1 to 1,000 from 10,000- headline altered to reflect change) PADAMARAN, Indonesia (Reuters) – Indonesia said on Friday it will send more than 1,000 troops to fight fires in southern Sumatra, as s... More »
SINGAPORE Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures were down 29 cents at $47.85 per barrel at 0649 GMT, although U.S.... More »
TOKYO Asian shares rose in choppy trade on Monday after Chinese markets were hit by soft economic data, while the dollar sagged as investors questioned whether the U.S. Federal Reserve will be confident enough to raise rates for the first time in almost a deca... More »
SINGAPORE Oil prices fell on Monday as oversupply concerns, a firmer dollar and lackluster U.S. non-farm payrolls data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices. The long Labor Day holiday in the U... More »
TOKYO Asian stocks were subdued on Monday, lacking clear direction as Shanghai shares see-sawed in and out of the red after the Chinese markets resumed trading following a four-day long weekend. Spreadbetters forecast Britain’s FTSE .FTSE, Germany’s DAX .GDAXI... More »
XUZHOU, China Two years after China unveiled a sweeping plan to rebuild Silk Road trade links with Europe and Asia, machinery maker XCMG Group has opened a factory in Uzbekistan, sent 300 staff abroad and set ambitious goals to grow overseas. XCMG’s foreign ve... More »
NEW YORK Stocks edged higher on Wall Street in another volatile session on Thursday while the euro fell 1 percent on a darkening euro zone outlook as investors grew cautious ahead of the closely watched U.S. monthly jobs report. Global stock markets rallied ea... More »
SINGAPORE Oil prices fell in Asia on Monday as traders took profits, snapping gains last week that saw the biggest two-day rally in six years. Brent crude futures for October delivery LCOc1 slipped more than $1, or 2 percent, before recovering although that st... More »
HONG KONG Global financial markets looked set for another rough week on Monday, with stocks and commodities falling ahead of data that could give clues on when the U.S. will raise interest rates and surveys which are likely to point to further weakness in Chin... More »
LONDON Volatile global markets got some respite from the latest blood-letting on Tuesday as bargain hunters nudged up Asian and European stocks, though China, at the center of the rout, was smashed again. The dollar and oil prices saw their first rises in five... More »
SINGAPORE Crude oil markets recovered slightly on Tuesday after a 6 percent drop in the prior session, although prices held near 6-1/2-year lows as continued weakness in Chinese equities triggered fears of an economic tailspin in the region. While global marke... More »
WASHINGTON President Barack Obama, fresh from vacation and nine rounds of golf in Martha’s Vineyard, launched into a busy two weeks promoting renewable energy and his nuclear deal with Iran. With the U.S. presidential election campaign and China’s slumping sto... More »
WASHINGTON Jostling for position in the U.S. presidential race, candidates on Monday blamed Wall Street elites, the Federal Reserve, exposure to China, and President Barack Obama’s spending policies for the market contagion from China’s stock-market plunge. As... More »
NEW YORK Stocks, the U.S. dollar, and emerging market currencies around the world remained under pressure for a second day on Wednesday after China’s yuan weakened again, a day after the country devalued its currency. Major Wall Street averages pared losses by... More »
NEW YORK Oil ended up on Wednesday as a weaker dollar and lower U.S. crude stockpiles provided a modest bounce off six-year lows hit the previous session, when worries about China’s plummeting currency and economic slowdown deflated prices. Concerns that U.S. ... More »
SINGAPORE Oil extended losses to multi-month lows on Monday on worries of oversupply as OPEC pumped at record levels in July, while weak China data stoked concerns about slower growth at the world’s second largest oil consumer. Oil output by the Organization o... More »
HONG KONG/TOKYO An index of Asian shares outside Japan fell close to this year’s lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of currencies. In li... More »
NEW YORK Global equity markets dropped on Friday and copper fell to a six-year low as weaker-than-expected data from China and the euro zone exacerbated concerns over global economic growth. Brent and U.S. crude oil futures settled at their lowest since March ... More »
LONDON Gold was on the brink of five year lows on Tuesday, with more losses expected in the coming months following Monday’s “bear raid” when sellers dumped an estimated 33 tonnes in just two minutes. The sudden bout of selling in Shanghai and New York occurre... More »
LONDON Oil prices tumbled on Monday as Iran and six world powers closed in on a final nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets. News of a unanimous agreement by European leaders on a bailout loa... More »
SINGAPORE Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year in the previous session over Greece’s rejection of debt bailout terms and China’s ongoing stock market woes. Front-month U.S. crude futures CLc1 were trading ... More »
TOKYO Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union. Chinese shares fell more than 5 percent ... More »
TOKYO Oil futures hovered below three-week lows on Tuesday as investors waited for developments in Greece following a bank shutdown, keeping them away from riskier assets and putting Brent crude on course for a second month of declines. Brent crude futures wer... More »
HONG KONG Asian shares held near five-month lows on Tuesday after Chinese stocks took another leg down while safe-haven assets received a boost as investors nervously awaited further developments in the deepening euro zone crisis. China’s stocks .SSEC tumbled ... More »
TOKYO U.S. stock futures edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a debt payment due later in the session, raising the likelihood of the cash-strapped nation’s exit from the euro zone. Greece will no... More »
