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Wall St Week Ahead - Investors eye data as stocks approach records

Mar 22, 2015 at 19:15 | Source: FirstPost

REUTERS - Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue.Concern abo...

China gold demand to grow over 5 years, but at slower pace -Barclays

Mar 21, 2015 at 00:30 | Source: FirstPost

SINGAPORE (Reuters) - China's share of the global gold market will expand in the next five years as it will be one of the few countries witnessing demand growth, but at a slower pace, Barclays analysts said.Demand from the world's No.2 gold consumer ...

Oil up 5 percent as dollar falls on worry of slow U.S. rate hike

Mar 19, 2015 at 01:48 | Source: FirstPost

NEW YORK (Reuters) - Oil prices jumped as much as 5 percent on Wednesday as the dollar fell after the Federal Reserve indicated it preferred a more gradual path to normalizing U.S. interest rates despite being open to the first rate hike in almost a ...

Indian Oil seeks superior kerosene in unusual move

Mar 18, 2015 at 03:15 | Source: FirstPost

SINGAPORE (Reuters) - Indian Oil Corp (IOC) is seeking 20,000 tonnes of superior kerosene oil for April, which traders said was rare. This came a week after it issued a rare import tender for jet fuel to plug a supply shortfall caused by refinery mai...

Russia a land of plenty, but hard to reach from rebel east Ukraine

Mar 16, 2015 at 01:30 | Source: FirstPost

USPENKA BORDER CROSSING, Ukraine (Reuters) - Looking out over the several hundred cars lined up to cross into Russia from rebel-held eastern Ukraine, Vladimir curses the separatist authorities who he says are forcing people to venture out of the rebe...

Haiti announces dates for presidential, legislative elections

Mar 13, 2015 at 06:30 | Source: FirstPost

PORT-AU-PRINCE (Reuters) - Haiti's electoral council announced dates on Thursday for the Caribbean nation's long overdue legislative and municipal elections, as well as a presidential vote later this year.Elections for two-thirds of the Senate will b...

US envoy to South Korea in stable condition after knife attack

Mar 05, 2015 at 10:32 | Source: FirstPost

Seoul, South Korea: US Ambassador Mark Lippert was in stable condition after a man screaming demands for a unified North and South Korea slashed him on the face and wrist with a knife, South Korean police and US officials said Thursday.Media images s...

Wall Street inches up in wake of February rally

Mar 03, 2015 at 01:45 | Source: FirstPost

NEW YORK(Reuters) - U.S. stocks little changed on Monday, on the heels of the S&P 500's best month in more than three years, as data showed consumer spending remained soft in January and ahead of a report on the manufacturing sector. U.S. consume...

Oil up sharply, posts first monthly gain since June

Feb 28, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported by an improving demand outlook and supply outages.On its way to contract expiration, front-month March New York ult...

Gold set to snap 4-week losing run on U.S. policy hopes

Feb 27, 2015 at 07:30 | Source: FirstPost

SINGAPORE (Reuters) - Gold advanced for a third session running on Friday and was on track to end a four-week losing streak, supported by a softer dollar and hopes that the U.S. central bank will not rush to raise interest rates.But the metal is stil...

Global equities fall as oil sinks; dollar rallies

Feb 27, 2015 at 03:30 | Source: FirstPost

NEW YORK (Reuters) - Global equities dipped on Thursday as investor enthusiasm was dampened by a pullback in oil prices related to rising inventories, while the dollar rose as economic data drove expectations that the Federal Reserve will raise inter...

Brent crude up 5 percent as Saudi sees improved demand for oil

Feb 26, 2015 at 05:45 | Source: FirstPost

NEW YORK (Reuters) - Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected.Falling refined products inventories reporte...

Reunions and ransoms - a day online in Myanmar's Rohingya camps

Feb 26, 2015 at 03:31 | Source: FirstPost

THAE CHAUNG, Myanmar (Reuters) - In this teeming camp for displaced Rohingya Muslims in western Myanmar, it's easy to overlook the internet huts. The raw emotion they generate is much harder to ignore.The huts have bamboo walls, thatched roofs and - ...

Oil tumbles as huge supplies raise doubts about rally

Feb 19, 2015 at 05:30 | Source: FirstPost

NEW YORK (Reuters) - The comeback rally in oil paused on Wednesday, with crude prices falling 5 percent or more after traders and investors were overwhelmed by the latest estimates for U.S. supply builds that came in nearly five times above market ex...

Brent tumbles below $60, supply glut raises doubts on rally

Feb 19, 2015 at 03:45 | Source: FirstPost

NEW YORK (Reuters) - The comeback rally in oil paused on Wednesday, with Brent crude falling below $60, as traders took stock of the market's blistering 35 percent gain over the past month despite mounting U.S. supplies.Oil prices were down from open...

Oil tumbles; supply glut raises doubts about month-long rally

Feb 19, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - The comeback rally in oil paused on Wednesday, with crude prices falling up to 4 percent, as traders took stock of the market's blistering 35 percent gain over the past month despite mounting U.S. supplies.Oil began the day lower...

Investigators seek clues at deadly New York train crash site

Feb 04, 2015 at 23:30 | Source: FirstPost

MOUNT PLEASANT, N.Y. (Reuters) - Investigators examining the circumstances of a New York commuter train accident that killed six people said on Wednesday they were collecting recording devices from the site where the train hit a vehicle stalled on th...

Kurds retake oil facility in north Iraq, 15 workers still missing

Jan 31, 2015 at 23:45 | Source: FirstPost

KIRKUK, Iraq (Reuters) - Kurdish peshmerga forces retook a small crude oil station near the northern Iraqi city of Kirkuk which Islamic State insurgents seized earlier on Saturday, but the fate of 15 employees remained unclear.Two officials from the ...

Islamic State seizes oil facility in northern Iraq, 15 workers missing

Jan 31, 2015 at 22:15 | Source: FirstPost

KIRKUK, Iraq (Reuters) - Islamic State insurgents on Saturday seized a small crude oil station near the northern Iraqi city Kirkuk where 15 employees were working, and explosions in and around the capital Baghdad killed at least nine people.Two offic...

Visa report better-than-expected profit

Jan 30, 2015 at 07:30 | Source: FirstPost

REUTERS - Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend.The company said e-commerce,...

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