Oil prices rise as monthly job losses slow and dollar grows weaker

Oil prices edged slightly higher Friday after the government reported the fewest monthly job losses in a year.

Oil rises above $68 in Asia as investors watch for US jobs report

SINGAPORE — Oil prices peaked above $68 a barrel Friday in Asia as investors looked to a U.S. unemployment report later in the day for signs of economic recovery.

No truth to Indian allegation on fake currency involvement: Ex-Nepal Crown Prince

KATHMANDU - Nepal’s former Crown Prince Paras Shah has refuted the Indian media reports that suggest that he is involved in a Fake Indian Currency Note (FICN) racket.

Oil hovers near $68 in Asia as investors eye US jobs report

SINGAPORE — Oil prices hovered near $68 a barrel Friday in Asia as investors looked to a U.S. unemployment report later in the day for signs of economic recovery.

Conn. offers tax credits, other incentives to Pratt & Whitney to prevent possible loss of jobs

HARTFORD, Conn. — Gov. M. Jodi Rell offered $100 million in incentives Thursday to jet engine maker Pratt & Whitney to prevent the possible loss of about 1,000 jobs.

Europe flat, Asia mixed as traders wait for European Central Bank statements

LONDON — European stocks traded flat and Asian indexes were mixed Thursday, as investors awaited a European Central Bank meeting where the ECB was expected to raise its outlook but signal that interest rates will remain low for some time.

Oil rises to near $69 in Asia amid mixed evidence on US crude demand

SINGAPORE — Oil prices rose toward $69 a barrel Thursday in Asia as mixed U.S. crude inventory data shed little light on demand.

Oil steady near $68 in Asia amid mixed evidence on US crude demand

SINGAPORE — Oil prices bobbed above $68 a barrel Thursday in Asia as mixed U.S. crude inventory data shed little light on demand.

Oil climbs further above $68 a barrel on Energy Department crude inventory report

Oil avoided a third day of losses and pushed above $68 a barrel Wednesday after the Energy Department reported a drop in crude and gasoline supplies that suggests demand may be recovering.

New US ambassador says economic crisis, climate change and global security test China ties

BEIJING — Wrangling over the troubled global economy, climate change and security hotspots will test sometimes unsteady U.S.-China relations the rest of this year, the new U.S. ambassador to Beijing said Wednesday.

Oil hovers above $68 in Asia as US crude supplies drop, suggesting demand may be recovering

LONDON — Oil prices hovered above $68 a barrel Wednesday after a two-day plunge as a drop in U.S. crude inventories suggested demand may be recovering.

Oil rises slightly to above $70 in Asia as investors watch stock markets for direction

VIENNA — Oil prices rose slightly to above $70 a barrel Tuesday as a rebound in Asian stocks boosted investor optimism.

Crude prices fall for second straight day as Wall Street sells

COLUMBUS, Ohio — Oil prices dipped again Tuesday despite new indications that the U.S. manufacturing and housing industries may be on the mend.

Oil hovers near $70 in Asia as investors eye stocks for clues on economic recovery

SINGAPORE — Oil prices hovered near $70 a barrel Tuesday in Asia after a pullback in global stocks triggered a sharp drop the previous day.

Singapore’s DBS Group appoints Citi’s Piyush Gupta as CEO

SINGAPORE - Singapore’s DBS Group Holdings Ltd, the biggest bank in South-East Asia, said Tuesday that it has appointed Piyush Gupta from Citibank Inc as its chief executive officer, about five months after the death of its previous CEO.

Oil falls to near $72 in Asia as investors question strong economic recovery in U.S

SINGAPORE — Oil prices fell to near $72 a barrel Monday in Asia as China’s stock market tumbled and commodities investors questioned whether the U.S. economy can recover strongly in the second half.

Oil prices rise slightly in Asia as economic recovery doubts nurtered

BANGKOK — Oil prices rose slightly Friday in Asia, hovering above $72 as investors nurtured doubts about a sustainable recovery in the world’s biggest economy.

Oil prices hover above $72 in Asia amid concerns over slowing US demand

KUALA LUMPUR, Malaysia — Oil prices hovered above $72 a barrel Wednesday in Asia after tumbling more than 3 percent overnight, weighed down by concerns over slowing demand in the United States, the world’s largest energy consumer.

Oil prices hover around $72 in Asia on concerns over slowing US demand

KUALA LUMPUR, Malaysia — Oil prices hovered around $72 a barrel Wednesday in Asia after falling by more than 3 percent overnight, weighed down by concerns over slowing demand in the United States, the world’s largest energy consumer.

Oil hovers near $73 in Asia as mixed US economic data suggest slow recovery

VIENNA — Oil prices stayed close to $73 a barrel Friday, as traders weighed mixed economic data from the U.S. suggesting a recovery in demand will be slow.

Oil falls to near $72 in Asia as mixed US economic data suggest slow recovery

SINGAPORE — Oil prices fell to near $72 a barrel Friday in Asia as mixed economic data from the U.S. point to a slow recovery.

Oil holds above $72 in Asia after US crude inventories fall

VIENNA — Oil prices held above $72 Thursday after jumping the previous day on an unexpected fall in U.S. crude inventories.

North Korea to send condolence delegation to South for late President Kim Dae-jung

SEOUL, South Korea — North Korea announced Thursday it will dispatch a high-level delegation to Seoul for two days to pay respects to the late former President Kim Dae-jung — a rare visit that raised hopes of improved relations between the two Koreas.

Oil climbs higher in Asia after US crude inventories fall

SINGAPORE — Oil prices climbed higher Thursday in Asia after jumping the previous day on an unexpected fall in US crude inventories.

Oil falls below $69 in Asia amid regional stock selloff

SINGAPORE — Oil prices fell below $69 a barrel Wednesday in Asia following a selloff in regional stock markets.

Oil rises to near $70 in Asia as US crude inventory drop suggest demand may be rebounding

SINGAPORE — Oil prices rose to near $70 a barrel Wednesday in Asia, rallying for a second day after U.S. crude inventories unexpectedly fell last week.

Oil rises above $67 in Asia as investors eye strength of global economic recovery

VIENNA — Oil prices rose above $67 a barrel Tuesday as stock markets rebounded and investors looked for clues to the strength of the global economic recovery.

Oil hovers near $67 in Asia as investors eye strength of global economic recovery

SINGAPORE — Oil prices hovered near $67 a barrel Tuesday in Asia as investors looked for clues on the strength of the global economic recovery.

World stocks, oil prices slide on US consumer worries despite Japanese growth

LONDON — World stock markets and oil prices fell sharply Monday as worries about U.S. consumer spending reined in hopes for a quick global economic recovery — causing investors to look past the news that Japan has climbed out of recession.

US relief team arrives in Taiwan to help deliver aid to hundreds still stranded after typhoon

TAIPEI, Taiwan — A U.S. relief team backed by heavy-lift helicopters arrived in Taiwan on Monday to help local authorities get aid to the hundreds of people thought to be stranded in mountain villages more than a week after a typhoon rocked the island.

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