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TOKYO/NEW YORK: Asian shares and U.S. stock futures rose on Wednesday as renewed hopes for a new round of U.S. stimulus drew money into equities from government debt.
NEW YORK: Oil price gained more than 1% on Tuesday on the prospect the United States was nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher.
MELBOURNE/SINGAPORE, Oct 20 (Reuters): Oil prices were little changed on Tuesday, steadying after three days of declines due to worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand, while growing output from Libya adds to plentiful supply.
TOKYO, Oct 20 (AP): Asian shares were mixed on Tuesday, after Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the US presidential election.
NEW YORK: Oil was steady near US$41 a barrel in New York before an Opec+ meeting to assess the state of the market as demand comes under pressure once again from a resurgent coronavirus.
SINGAPORE, Oct 19 (Reuters): Oil prices fell on Monday after China's third-quarter economic growth rose came in weaker than expected, underscoring concerns that surging coronavirus cases globally are impacting demand in the world's largest oil importer.
SYDNEY/HONG KONG, Oct 19 (Reuters): Asian markets advanced toward a recent 2-1/2-year peak on Monday powered by hopes of a US fiscal package and expectations of a coronavirus vaccine by the end of this year, though gains were held back by weaker-than-expected Chinese economic data.