U.S. oil eases on profit-taking after rally on Mideast risks| Reuters
Nov 25, 2015 at 07:15 | Source:
SEOUL U.S. crude oil futures dipped on Wednesday on profit-taking after the prices rallied to a two-week high on the previous session due to heightening geopolitical tensions in the Middle East with Turkey's downing of a Russian warplane.U.S. crude's...
Asia stocks mixed amid geopolitical tension, oil eases from highs| Reuters
Nov 25, 2015 at 06:45 | Source:
TOKYO Asian stocks were mixed in early trading on Wednesday as investors assessed the geopolitical risk surrounding Turkey's downing of a Russian fighter jet, while crude oil prices eased from two-week highs.MSCI's broadest index of Asia-Pacific shar...
Oil jumps, bond prices inch up on global tensions| Reuters
Nov 25, 2015 at 04:15 | Source:
NEW YORK Oil prices jumped and government debt prices edged up on Tuesday as concern about global tensions rose after Turkey shot down a Russian warplane near the Syrian border.U.S. stocks erased early declines, ending slightly higher as energy share...
Oil at two-week highs on Mideast tensions, U.S. gasoline rally| Reuters
Nov 25, 2015 at 03:45 | Source:
NEW YORK Oil prices hit two-week highs on Tuesday, rising about 3 percent, after a spike in Middle East tensions from Turkey's downing of a Russian warplane and a rally in U.S. gasoline futures.Russian President Vladimir Putin called Turkey's shootin...
Oil gains, bond prices inch up on Turkey-Russia tensions| Reuters
Nov 25, 2015 at 02:45 | Source:
NEW YORK Oil prices jumped and government debt prices edged up on Tuesday after Turkish jets shot down a Russian warplane near the Syrian border, adding to worries about tensions in the Middle East.U.S. stocks and a world stock index erased early los...
ONGC sees 20-30% lower capex next fiscal on crude price slump
Nov 24, 2015 at 21:20 | Source:
Mumbai: ONGC will maintain its capex plan for this year at the same level as last year at about Rs 30,000 crore, its chairman Dinesh K Saraf has said.However, the company sees reduction in the same next fiscal year, to the tune of 20-30 percent."...
Oil rises around 1 percent on Saudi pledge to stabilise prices| Reuters
Nov 24, 2015 at 07:15 | Source:
SEOUL Crude oil futures rose around one percent on Tuesday, after Saudi Arabia pledged to work towards oil price stability, while a strong U.S. dollar and an expected rise in U.S. crude stocks limited the price rally.Benchmark Brent futures for Janua...
Asian shares stall, dollar firm near 8-month peak| Reuters
Nov 24, 2015 at 06:30 | Source:
TOKYO Asian shares dragged their feet on Tuesday after a healthcare mega-merger failed to impress investors while the dollar held firm near an eight-month high as investors grew more convinced of a U.S. rate hike next month.MSCI's broadest index of A...
Dollar hits eight-month high on rate views, metals fall| Reuters
Nov 24, 2015 at 06:15 | Source:
NEW YORK The dollar rose to an eight-month high on Monday amid heightened expectations that the U.S. Federal Reserve might raise interest rates next month, driving down the prices of copper, gold and other metals.World equity markets slipped, with U....
Canada PM Trudeau faces split at national climate change summit| Reuters
Nov 24, 2015 at 05:46 | Source:
OTTAWA Canadian Prime Minister Justin Trudeau on Monday met the country's provinces to hammer out a national climate change strategy, but two major players signalled they had reservations about the idea.Trudeau's Liberals won an election last month ...
Wall Street falls after strong week; Pfizer and Allergan drag| Reuters
Nov 24, 2015 at 03:45 | Source:
U.S. stock indexes closed slightly lower in a quiet trading day on Wall Street after last week's strong gains, while a big healthcare deal failed to impress investors on Monday.Pfizer's (PFE.N) announcement of what is expected to be the biggest-ever ...
Asia shares steady, euro burdened by ECB talk| Reuters
Nov 24, 2015 at 03:15 | Source:
SYDNEY Asian shares got off to a slow start Monday as a holiday in Japan sapped liquidity, while the prospect of more policy easing in Europe kept the euro on the defensive to the benefit of the U.S. dollar.MSCI's broadest index of Asia-Pacific share...
Oil ends steady; Saudi pledge, glut worry causes wild ride| Reuters
Nov 24, 2015 at 02:45 | Source:
NEW YORK Brent settled steady and U.S. crude slightly lower on Monday after prices were whipsawed by volatility as Saudi Arabia pledged to work towards oil price stability but traders worried about a global supply glut and signs of rising U.S. stockp...
Commodities hit as dollar rises| Reuters
Nov 24, 2015 at 02:30 | Source:
LONDON Commodity markets were hit and stocks and bonds were in the firing line on Monday, as expectations for a first increase in U.S. interest rates in almost a decade next month pushed the dollar to a seven-month high.Industrial metals copper and n...
Wall Street edges up, helped by material and energy stocks| Reuters
Nov 23, 2015 at 23:45 | Source:
Wall Street edged higher in late morning trading on Monday, helped by gains in materials and energy stocks, but trading was subdued in the run-up to Thursday's Thanksgiving holiday.Crude oil prices recovered from earlier losses after Saudi Arabia agr...
Oil up 1 pct after Saudis say ready to cooperate on prices| Reuters
Nov 23, 2015 at 23:30 | Source:
NEW YORK Crude prices rose as much as 1 percent on Monday after Saudi Arabia's pledge to work on price stability offset some worries about the global oil market glut.Moscow's vow to continue Syrian air strikes to punish bombers of a Russian jet also ...
Roadmap revealed: Here's how govt plans to reduce corporate tax to 25%
Nov 21, 2015 at 09:38 | Source:
Preparing the ground for gradual reduction of corporate tax to 25 percent from 30 percent, the Finance Ministry on Friday proposed a roadmap for ending various tax exemptions currently enjoyed by the industry.According to the proposal from the Centra...
Shares gain, euro falls as ECB hints at fresh stimulus| Reuters
Nov 21, 2015 at 01:45 | Source:
NEW YORK U.S. stocks gained on Friday, and the benchmark S&P index flirted with its best weekly performance this year, as comments from Europe's central bank that it was ready to act quickly to boost inflation lift sentiment in equities markets a...
Global shares march on as alarm bells ring for metals | Reuters
Nov 21, 2015 at 00:15 | Source:
LONDON World shares headed for their best week in over a month on Friday, though alarm bells over global growth were ringing in metals markets as copper hovered at its lowest level since 2009 and nickel since 2003.The commodities crunch was compounde...