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Oil falls below $94 on weak outlook for demand
May 24, 2013 at 12:48 | Source: AP
The contract fell three cents to close at USD 94.25 a barrel in New York on Thursday. The price sank as low as USD 92.21 in the morning after weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
Outlook for China's economy just keeps getting worse
May 24, 2013 at 10:52 | Source: CNBC
Asian markets took a hit following the release of the data, alongside the Australian dollar which fell to a fresh 11- month low against the greenback.
Tata Steel up 3%; top pick among global steel cos: Morgan
May 24, 2013 at 09:49 | Source: Moneycontrol.com
The Indian steel industry should see stronger volume growth than any other country over the next five years, at around 8% a year, Morgan Stanley cites as the reason for its bullish call on Tata Steel.
Oil falls below $93 as China manufacturing weakens
May 23, 2013 at 16:25 | Source: AP
Due to reduced manufacturing activity in China, oil prices fell below the USD 93; its lowest in seven months.
Asian markets sell off on Bernanke remarks, China PMI
May 23, 2013 at 12:23 | Source: Reuters
Hawkish comments by US Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the US dollar to three-year highs, and Japanese government bond yields to their highest in a year.
Sensex crashes over 300 pts; realty, auto, cap goods bleed
May 23, 2013 at 12:05 | Source: Moneycontrol.com
Japan's stock market finished Thursday's session 7 percent lower. A perfect storm of factors including weak China data, Bernanke confusion, surging Japanese bond yields and a strengthening yen contributed to the moves, analysts said.

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News across the web »
China's Xi Urges North Korea to Return to 6-Party Nuclear Talks
Chinese President Xi Jinping yesterday urged North Korea to return to six-nation talks aimed at resolving its disputed nuclear program, the state-backed China News Service reported. Lasting peace on t...
May 25, 2013 at 10:00 | Source: Business Week
Why the PM's tour of Japan and Thailand matter
Prime Minister Manmohan Singhs upcoming two-nation tour to Japan (27-30 May) and Thailand (30-31 May) should be looked at as an exercise aimed at bolstering Indias strategic security with an eye on th...
May 25, 2013 at 09:54 | Source: FirstPost
N. Korea Envoy Passes Handwritten Letter From Kim to China's Xi
A North Korean military envoy delivered a handwritten letter to Chinese President Xi Jinping from his leader, Kim Jong Un, after the regime said it was willing to return to dialogue over its disputed ...
May 25, 2013 at 08:00 | Source: Bloomberg
Australia to Boost Farm Exports 45% by 2025 to Help Feed China
Australia will boost the value of agriculture and food-related exports 45 percent by 2025 to meet demand from China, the government said in a plan released today. “The rise of Asia is transforming t...
May 25, 2013 at 08:00 | Source: Bloomberg
N. Korea Envoy Passes Handwritten Letter From Kim to China's Xi
A North Korean military envoy delivered a handwritten letter to Chinese President Xi Jinping from his leader, Kim Jong Un, after the regime said it was willing to return to dialogue over its disputed ...
May 25, 2013 at 08:00 | Source: Business Week
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