May 03, 2015 at 15:36 | Source: PTI
Oil prices rose further today, extending the previous day's gains on a drop in US crude inventories that offset disappointing growth data in the world's biggest economy.
Apr 30, 2015 at 11:05 | Source: PTI
The US Commerce Department said yesterday that the world's biggest economy and top oil consuming nation stalled in the first quarter this year, expanding at an annual pace of just 0.2 percent , much slower than the 1.0 percent growth expected by analysts.
Apr 30, 2015 at 09:08 | Source: Reuters
Japanese industrial output fell 0.3 percent in March adding to mounting evidence of an export-driven economy struggling to regain momentum amid slowing global growth.
Apr 30, 2015 at 07:36 | Source: CNBC
Asian stocks sold down early Thursday on the back of declines offshore amid renewed concerns over the US economy.
Apr 30, 2015 at 06:46 | Source: Reuters
Gold retained losses from overnight on Thursday, as the Federal Reserve characterized the recent slowdown in the U.S. economy as only transitory, not ruling out an interest rate hike this year.
Apr 29, 2015 at 19:34 | Source: Reuters
Gross domestic product expanded at an only 0.2 percent annual rate, the Commerce Department said on Wednesday. That was a big step down from the fourth quarter's 2.2 percent pace and marked the weakest reading in a year.
Apr 29, 2015 at 10:25 | Source: Reuters
The central bank is considering monetary policy at a time when the US economy has hit a soft patch, blamed largely on harsh winter weather, a strong dollar and disruptions at West Coast ports.
Apr 28, 2015 at 16:20 | Source: CNBC-TV18
Jai Bala, 1857 Advisors, says today's rally could be signalling near-term bottom, but there are doubts on whether this correction has undergone a complete structural down move.
Apr 28, 2015 at 15:15 | Source: Reuters
While a roughly 50 percent drop in global oil prices since June last year has helped economies in Asia, it has posed "difficult challenges" for many oil producers
Apr 25, 2015 at 11:47 | Source: Reuters
Strong fourth-quarter US company earnings and signs of an overall improving economy, alongside what appears to be the start of a bottoming in crude oil prices, have given equities support.