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Oil prices up in Asian trade

Last Updated: Wednesday, June 17, 2015, 09:33

US benchmark West Texas Intermediate for July delivery gained 10 cents to $60.07 while Brent crude for August added five cents to $63.75 in late-morning trade.

Asian shares and euro slip as Greece fails to reach debt deal

Last Updated: Monday, June 15, 2015, 13:19

The euro slipped about 0.6 percent on the day to $1.1197, and was down 0.5 percent against the yen at 138.27."With no deal in sight, expectations for default and exit are likely to rise sharply in the days ahead," said Elsa Lignos senior currency strategist at RBC.

Asia shares, euro stifled by Greek drama

Last Updated: Friday, June 12, 2015, 12:49

The euro had less luck as talks on Greece showed no sign of reaching a deal. The single currency was off at $1.1254, from a high of $1.1387 set on Wednesday.

Asian stocks higher after Wall Street rally

Last Updated: Thursday, June 11, 2015, 13:16

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.

Oil jumps after US stockpile draw; gasoline at seven-month high

Last Updated: Thursday, June 11, 2015, 08:56

Oil rallied for a second straight day on Wednesday, with U.S. crude nearing a one-month high and gasoline hitting its highest price since November, as a big U.S. stocks drawdown boosted the outlook for summer fuel demand.

Shanghai up on China data as US jobs growth fuels rate hike talk

Last Updated: Monday, June 8, 2015, 12:42

Shanghai stocks were the stand-out performers in Asian trade Monday after another round of weak Chinese data fuelled hopes for fresh stimulus, while the dollar sat around 13-year highs following a forecast-busting US jobs report.

Oil down after OPEC meeting, eyes on Iran talks

Last Updated: Monday, June 8, 2015, 09:09

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.

Asia stocks mostly down, euro sinks as Greece delays payment

Last Updated: Friday, June 5, 2015, 10:25

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

Asian coal prices lifted by tightening markets in China, India

Last Updated: Wednesday, June 3, 2015, 15:24

The firms raised prices of lower-grade coal by 10 yuan per tonne in mid-May, anticipating a surge in demand for power over the summer.

Oil prices down in Asian trade

Last Updated: Wednesday, June 3, 2015, 10:28

WTI jumped USD 1.06 and Brent rose 61 cents yesterday after a sharp fall in the US dollar, which made dollar-priced crude cheaper for buyers using weaker currencies.

Asian shares pare losses as China markets rally

Last Updated: Monday, June 1, 2015, 12:31

MSCI`s broadest index of Asia-Pacific shares outside Japan was nearly flat in late afternoon trading, after early dropping to its lowest intraday level since April 7. 

Crude oil futures down on weak Asian cues

Last Updated: Monday, June 1, 2015, 10:54

The trading sentiment eased in futures trade after crude oil prices fell in Asian trade today following gains at the end of last week while there are still concerns about a global supply glut as OPEC prepares for a meeting where it is expected to maintain output, analysts said.