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Oil prices extend gains in Asia

oil-prices

Oil prices rose in Asia Monday, lifted by a surge in equities following last week’s sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.

Posted: October 20th, 2014 in Latest Business Stories | Read More »

Asian markets sink further on global economy fears

A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong Wednesday, Sept. 10, 2014. Global stocks sank under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence. Hong Kong's Hang Seng fell 1.9 percent to 24,705.36. (AP Photo/Vincent Yu)

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fueled by global growth concerns.

Posted: October 13th, 2014 in Latest Business Stories | Read More »

Oil prices down in Asian trade as weak demand weighs

oil price

Oil prices fell in Asian trade Monday on growing concerns about demand as equities tumble on global growth woes and supplies increase.

Posted: October 13th, 2014 in Latest Business Stories | Read More »

Asian shares mixed after US jobs, Hong Kong protests subside

Malaysia Financial Market

Asian markets were mixed Monday after a strong US jobs report showed unemployment at a six-year low, while the dollar held on to most of the gains enjoyed at the end of last week.

Posted: October 7th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Oil prices slip on increased supply, strong dollar

oil-prices

Crude prices slipped Monday to multi-year lows owing to a build-up in supplies while the dollar rallied in response to a strong US jobs report, as analysts warned of further losses.

Posted: October 6th, 2014 in Latest Business Stories | Read More »

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