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Showing 1-10 of 2015
TOKYO: Asian shares steadied on Friday in holiday-thinned trade for the Lunar New Year, despite fears that a new coronavirus from China could spread rapidly as millions of people travel over the week-long break.
TOKYO: Asian shares held their ground on Friday as trade slowed for the Lunar New Year, despite investors fears that a new coronavirus in China could spread faster as millions of people would be travelling over the week-long holiday.
SINGAPORE: Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so far dents travel and darkens the economic outlook.
NEW YORK: Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output.
BENGALURU: Barclays forecast 2020 oil demand to rise by 1.4 million barrels per day (bpd), up from growth of 900,000 bpd in 2019, and an increase of 50,000 bpd from its earlier forecast, on an expected recovery in global economic activity.
SINGAPORE: Oil jumped back above US$65 a barrel in London, as supply disruptions in Iraq and Libya reignited concerns over the market’s vulnerability to geopolitical risk in key production regions.
HONG KONG: Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya.
TOKYO: Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary's that tariffs would remain in place for now.
NEW YORK: A dramatic US drone strike killed Iran’s most important general. Tehran vowed retribution and oil prices jumped almost 5% as traders rushed to cover the risk of a Middle East war. Then the selling started.
KUALA LUMPUR: Bursa Malaysia started Monday at a slow pace as investors awaited leads from funds though market sentiment was overall firmer ahead of the signing of a US-China trade deal.