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Oil firms cut prices as Syria talks move

AFP FILE PHOTO

Local oil firms lowered their pump prices for diesel and kerosene on Saturday as market concerns on possible supply disruptions in the Middle East and Africa eased following United Nations intervention to get Syria to relinquish its chemical weapons.

Posted: September 29th, 2013 in Latest Business Stories | Read More »

Oil prices down in Asian trade

AP FILE PHOTO

Oil prices extended losses in Asian trade Friday as investors took profits after a recent rally.

Posted: September 20th, 2013 in Latest Business Stories | Read More »

Fuel prices to go down on strong peso, optimism over Syria

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Oil firms cut diesel and kerosene prices as demand for fuel tapered off amid the tail-end of winter in the United States. AP FILE PHOTO

A substantial drop in gasoline prices with smaller rollbacks for diesel and kerosene will take place Monday morning amid a stronger peso and easing market jitters over the turbulence in Syria.

Posted: September 15th, 2013 in Latest Business Stories | Read More »

Oil prices mixed amid Syria focus

AP FILE PHOTO

Oil prices were mixed in Asian trade Friday as dealers monitor diplomatic efforts to make Syria give up its chemical weapons and avert a US-led military attack, analysts said.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

Oil higher in Asian trade as US gains support on Syria

AP FILE PHOTO

Oil prices rose in Asian trade Thursday as US President Barack Obama cleared the first legislative hurdle in his race to win congressional backing for military strikes on Syria.

Posted: September 5th, 2013 in Latest Business Stories | Read More »

Oil prices mixed in Asian trade

AP FILE PHOTO

Oil prices were mixed in Asian trade Wednesday after climbing in New York as concerns over a US-led military strike on Syria returned.

Posted: September 4th, 2013 in Latest Business Stories | Read More »

Fuel prices rise on fears over Syria

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AFP FILE PHOTO

Oil firms raised pump prices for gasoline, diesel and kerosene Tuesday as market jitters drove up fuel prices across the globe. Petron, the No. 1 oil player in the country, attributed the international movements to concerns over “ongoing geopolitical tensions in the Middle East, particularly Syria.”

Posted: September 4th, 2013 in Latest Business Stories | Read More »

Stock market rises as Syria strike waits for vote

United Nations High Commissioner for Refugees, UNHCR, Portuguese Antonio Manuel de Oliveira Guterres, informs the media about the two million Syrian refugees during a press conference at the European headquarters of the United Nations in Geneva, Switzerland, Tuesday, Sept. 3, 2013. AP

The stock market is rising on the first trading day since President Barack Obama announced that he would seek congressional approval for a military strike against Syria.

Posted: September 4th, 2013 in Latest Business Stories | Read More »

Asian stocks mostly boosted by strong China data

Screengrab from Google Finance

Asian shares mostly rallied on Monday after strong manufacturing data indicated a slowdown in China may be coming to an end, while the dollar climbed back towards the 100 yen mark.

Posted: September 2nd, 2013 in Latest Business Stories | Read More »

Oil down as Obama seeks Congress approval on Syria

AP FILE PHOTO

Oil prices fell in Asian trade Monday after US President Barack Obama’s announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike, analysts said.

Posted: September 2nd, 2013 in Latest Business Stories | Read More »

Economic worry shifts to emerging markets at Russian G20

In this June 18, 2012 file photo President Barack Obama participates in a bilateral meeting with Russia’s President Vladimir Putin during the G20 Summit in Los Cabos, Mexico. AP

Long hailed as the hungry new tigers of the global economy, the world’s biggest emerging markets will be the chief economic focus at the G20 summit in Russia this week as their once surging prospects suddenly dim.

Posted: September 1st, 2013 in Latest Business Stories | Read More »

Asian stocks mixed despite easing concerns on Syria

Pedestrians are reflected in the window of a securities company showing share prices of the Tokyo Stock Exchange in Tokyo on June 3, 2013. Japan's share prices fell 298.90 points at the close of the morning session on the Tokyo Stock Exchange, following sharp falls on Wall Street last week, as investors continued searching for the market's bottom.     AFP PHOTO / Yoshikazu TSUNO

Asian markets were mixed on Friday as upbeat US economic growth data and easing concerns about an imminent strike on Syria were offset by mild profit-taking following the previous day’s gains.

Posted: August 30th, 2013 in Latest Business Stories | Read More »

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