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Latest hostage video shows Islamic State fears US assault, say experts

Sep 19, 2014 at 11:10 | Source: FirstPost

Washington: A dramatic change of tone in the latest hostage video released by the Islamic State has convinced experts that the jihadist group is isolated and fearful of a US assault.Where three previous clips ended with a masked militant slitting the...

British pound gains as investors predict rejection of Scottish independence

Sep 19, 2014 at 09:54 | Source: FirstPost

Hong Kong: The British pound jumped as investors bet that Scottish voters would reject independence based on results that cover more than half of Scotland. Japanese stocks rallied as the yen extended losses against the dollar while other Asian benchm...

Latest hostage video shows ISIS fears US assault, say experts

Sep 19, 2014 at 07:49 | Source: FirstPost

Washington: A dramatic change of tone in the latest hostage video released by the Islamic State has convinced experts that the jihadist group is isolated and fearful of a US assault.Where three previous clips ended with a masked militant slitting the...

How Islamic State uses Syria's oil to fuel its advances

Sep 18, 2014 at 23:45 | Source: FirstPost

AMMAN (Reuters) - In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.Sales at Shadad...

Oil Prices Waver as US Stockpiles Rise, Libyan Production Falls

Sep 18, 2014 at 22:01 | Source: Wall Street Journal

NEW YORK—Oil futures wavered Thursday as traders weighed an unexpected rise in U.S. oil stockpiles against halted Libyan production. Crude-oil stockpiles increased by 3.7 million barrels to 362.3 million barrels in the week which ended Sept....

Crude Oil Falls as Rising Dollar Curbs Investment Appeal

Sep 18, 2014 at 22:00 | Source: Bloomberg

West Texas Intermediate and Brent crudes dropped as a stronger dollar curbed the appeal of commodities to investors looking for a store of value. Futures dropped as much as 0.9 percent in New York and 1 percent in London. The dollar reached a six-yea...

Oil Little Changed Amid Rising Dollar, OPEC Supply Threat

Sep 18, 2014 at 20:00 | Source: Bloomberg

West Texas Intermediate and Brent crudes were little changed as the dollar climbed against most of its peers while Libyan and Nigerian supplies were threatened. Futures dropped earlier as the dollar reached a 14-month high against the euro today afte...

Oil Prices Fall on Data Showing Rise in US Stockpiles

Sep 18, 2014 at 16:01 | Source: Wall Street Journal

Crude oil futures were lower in Europe on Thursday after weekly government data highlighted an unexpected rise in U.S. oil stockpiles. Crude-oil stockpiles increased by 3.7 million barrels to 362.3 million barrels in the week which ended Sept. 12 ...

WTI Drops a Second Day as U.S. Crude Supplies Rise

Sep 18, 2014 at 16:01 | Source: Bloomberg

West Texas Intermediate dropped for a second day as crude stockpiles increased for the first time in five weeks in the U.S., the world's biggest oil consumer. Brent declined in London. Futures slid as much as 0.9 percent in New York. Crude in...

Japan trade deficit narrows in August

Sep 18, 2014 at 11:16 | Source: BBC

Japan's trade deficit narrowed in August as a fall in imports lowered the country's energy bill for the month. The shortfall between imports and exports shrank to 948.5bn yen ($8.7bn; £5.4bn) 2.4% lower than in July. The country's imp...

Global stocks gain after Fed, dollar index hits 14-month high

Sep 18, 2014 at 06:30 | Source: FirstPost

NEW YORK (Reuters) - Stock markets around the world closed with modest gains on Wednesday after the U.S. Federal Reserve renewed a pledge to keep interest rates near zero for some time, while bond yields rose and the dollar rallied on expectations of...

Dollar Soars on Fed as Asian Bonds Drop With Oil, Copper

Sep 18, 2014 at 06:00 | Source: Bloomberg

The dollar climbed to a six-year high versus the yen as most metals slipped with Asian bonds and crude oil after the Federal Reserve raised estimates for interest rates while maintaining a pledge to keep rates low after bond purchases are ended ...

Fed, China stimulus hopes boost world stocks

Sep 18, 2014 at 05:15 | Source: FirstPost

LONDON (Reuters) - Global stocks and commodity prices rose on Wednesday, boosted by speculation the U.S. Federal Reserve will maintain a pledge on low rates later in the day and by a report China's central bank will provide the country's biggest bank...

Oil Steadies Below $99 on Talk of OPEC Output Cut

Sep 17, 2014 at 16:00 | Source: NDTV Profit

London: Brent crude oil consolidated around $99 per barrel on Wednesday, recovering from a sharp sell-off, on hopes the Organization of the Petroleum Exporting Countries (OPEC) would help reduce a global supply glut by cutting output. The benchmark&a...

Modi government created favourable atmosphere for India: President Pranab Mukherjee

Sep 17, 2014 at 11:10 | Source: Economic Times

HO CHI MINH CITY: President Pranab Mukherjee today had some words of praise for the new Indian government as he credited it for not only initiating steps to bring the economy on a better path but also for creating a "favourable" atmosphere for India ...

Import duty on feedstock for petrochemicals be fixed at zero rate to boost domestic value addition: Study

Sep 16, 2014 at 21:02 | Source: Assocham

India's trade imbalance with GCC to deteriorate with tariff elimination on petrochemicals under proposed FTA There is an urgent need to fix import duty on feedstock for petrochemicals including naphtha, natural gas liquids (NGL), propane and butane ...

Oil Lower as Growth Worries Weigh

Sep 16, 2014 at 16:02 | Source: Wall Street Journal

Brent crude oil prices were lower Tuesday, weighed down by concerns about slow economic growth and weak demand. The oil futures contract fell to its lowest level in two years during Monday's trading. It received a temporary boost from the rol...

WTI Oil Falls From One-Week High Before Fed Meeting

Sep 16, 2014 at 14:38 | Source: Bloomberg

West Texas Intermediate crude slipped from the highest closing price in more than a week before the Federal Reserve's review of interest rates. Brent was little changed in London. Futures lost as much as 0.4 percent in New York. Fed officials...

Inflation dip fails to cheer RBI

Sep 16, 2014 at 11:47 | Source: Calcutta Telegraph News

New Delhi/Mumbai, Sept. 15: Wholesale price inflation has eased to its lowest level in five years in August, but the central bank is not convinced about reducing interest rates just yet. At a bankers’ summit organised by Ficci here, RBI govern...

Oil Hits 26-Month Low Under $97 on Weak China Data

Sep 15, 2014 at 22:00 | Source: NDTV Profit

London: Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supp...

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