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Lower oil prices loom as OPEC faces tough test

OPEC at Crossroads

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day.

Posted: November 26th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asian stocks mixed after China-fuelled rally

A man shelters from the rain in front of an electronic stock price indicator in Tokyo, Tuesday, Nov. 25, 2014. Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded and investors awaited US economic data and an OPEC meeting.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets were mixed Tuesday after a Chinese rate cut had fueled a rally in the previous session, while Tokyo played catch-up following a long holiday weekend.

Posted: November 26th, 2014 in Latest Business Stories | Read More »

Asia stocks fall as China rate cut effect fades

Financial Markets Wall Street

Asian stocks mostly fell Tuesday as the boost from China’s surprise interest rate cuts faded and investors awaited U.S. economic data and an OPEC meeting.

Posted: November 25th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asian stocks climb after China rate cut

Pedestrians look at their mobile phones near an electronic stock board of a securities firm in Tokyo on Oct. 28, 2014. Asian markets were mixed Monday as traders took a breather after last week's rally, but Shanghai hit a 21-month high on hopes of Chinese stimulus measures after a weak manufacturing report.  AP PHOTO/EUGENE HOSHIKO

Asian markets rallied Monday after China’s surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.

Posted: November 24th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed after Wall St. record, Tokyo recovers

People walk past at electronic stock indicator in Tokyo on Tuesday, Nov. 18, 2014. Asian markets were mixed Tuesday, with Tokyo leading gainers on bargain-buying after the previous day's sell-off, while Wall Street provided some support with another record close.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets were mixed Tuesday, with Tokyo leading gainers on bargain-buying after the previous day’s sell-off, while Wall Street provided some support with another record close.

Posted: November 18th, 2014 in Latest Business Stories | Read More »

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