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Asia stocks suffer fresh losses, further volatility tipped Asia stocks suffer fresh losses, further volatility tipped Chinese stocks sank again Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world`s financial markets.
Rosneft 2Q net profit tumbles 22% to $1.99 billion Rosneft 2Q net profit tumbles 22% to $1.99 billion Russian oil giant Rosneft on Monday said its net profit fell by 22 percent in the second quarter from a year earlier, a stronger result than expected as the weak ruble partly offset falling oil prices.
Eurozone inflation steady at 0.2% in August Eurozone inflation steady at 0.2% in August Food, alcohol and tobacco, and services showed the highest rate rise with 1.2 percent, followed by industrial goods on 0.6 percent, according to the EU`s Eurostat data agency.
Europe, Asia stocks set for worst monthly drop in three years on China, Fed Europe, Asia stocks set for worst monthly drop in three years on China, Fed Oil prices fell again both on the Fed rates outlook and as investors took profits on last week`s 10 percent rise.
Oil falls back below $49 as glut, China concerns weigh Oil falls back below $49 as glut, China concerns weigh International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.
Oil prices dip in Asia after huge rally Oil prices dip in Asia after huge rally US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.
Suzuki Motor says it will buy back VW stake as court settles feud Suzuki Motor says it will buy back VW stake as court settles feud Japan`s Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.
Asian stocks set for worst monthly drop in three years on global rout Asian stocks set for worst monthly drop in three years on global rout Global markets are bracing for Chinese data on Tuesday which is expected to show the world`s second-largest economy is continuing to lose momentum.
Oil prices fall on profit taking, rate hike uncertainty Oil prices fall on profit taking, rate hike uncertainty That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.
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