Thursday, June 11, 2015
Oil prices surged Tuesday as traders girded for a bullish U.S. crude storage report and the government lowered its forecast for American production in the second half of 2015.
Wednesday, June 10, 2015
Europe's main stock markets fell Tuesday as investors tracked the latest news flow on stalled Greek debt talks, while HSBC bank slid on revelations of a radical overhaul.
The U.S. dollar was steady against the yen Tuesday after it was dragged down in response to media reports, later denied, that U.S. President Barack Obama had expressed concerns about the surging greenback.
Oil prices edged higher in Asia Tuesday on a weaker U.S. dollar but gains were capped by concerns about tepid Chinese demand and OPEC's decision to maintain its current output levels, analysts said.
Tuesday, June 9, 2015
Chinese stocks jumped Monday as grim trade figures raised expectations that Beijing would step up stimulus measures. Other global stock benchmarks were mostly lower.
The American dollar held steady in Asia on Monday after soaring on a strong U.S. jobs report that sparked talk the Federal Reserve would move more quickly to raise interest rates.
Oil prices fell in Asia Monday after OPEC decided to maintain its high output levels, while traders were also weighing the possible return of Iranian supplies that have been curtailed by international sanctions against Tehran, analysts said.
The Sahara Group of jailed Indian tycoon Subrata Roy said Monday it had reached a deal with the UK's billionaire Reuben brothers to avert the sale of three luxury hotels overseas.
Monday, June 8, 2015
The leaders of Germany and the United States hammered home a tough line on Russia Sunday at the start of a G-7 summit dominated by crises in Ukraine and Greece.
Saturday, June 6, 2015
Greece's decision to bundle together its upcoming repayments to the International Monetary Fund roiled financial markets Friday as investors fretted over the possibility of a Greek debt default and the country's exit from the euro. U.S.