Tuesday, February 17, 2015
Oil prices turned lower in Asia Monday, with analysts warning the market remains “fragile” after prices gave up earlier gains driven by optimism over falling U.S. production.
The euro edged up against the dollar in Asia on Monday ahead of key talks between Greece and its international creditors aimed at hashing out a last-minute debt deal.
Saturday, February 14, 2015
Domestic fuel prices are likely to go up next week as international crude oil prices are rebounding, market sources said Friday.
Asian markets mostly rose Friday after European leaders and Russia agreed a plan to end Ukraine's 10-month war, while confidence Greece would reach a debt overhaul deal with its creditors boosted the euro.
Oil prices rose in Asia Friday, extending solid gains in the previous session in response to news that leading petroleum producers are curtailing investment.
German start-up incubator Rocket Internet said Friday it has raised nearly 590 million euros in fresh capital to invest in further expansion.
The euro ticked up against the dollar Friday on news of a plan to end Ukraine's 10-month war, hopes that Greece will hammer out a debt overhaul with its European creditors and weak U.S. retail sales data.
Friday, February 13, 2015
Stock markets were on a surer footing Thursday as anticipation of stronger corporate earnings helped to offset unease over the standoff between Greece and its creditors.
The euro weakened Thursday after talks between Greece and its European creditors on restructuring the country's bailout broke up without an agreement, with talks set to go down to the wire next week.
A top European Central Bank official says the bank's new 1.1 trillion euro (US$1.2 trillion) monetary stimulus could “fall on barren ground” if governments do not cut red tape and excessive regulation.