Oil falls below $66 in Asia as investors eye weak US consumption, brush off Japan’s growth

SINGAPORE — Oil prices fell below $66 a barrel Monday in Asia on investor concerns that crude demand will remain weak amid a slow global economic recovery.

Oil falls below $67 in Asia as investors eye weak US consumption, brush off Japan growth

SINGAPORE — Oil prices slipped below $67 a barrel Monday in Asia on investor concerns crude demand will remain weak amid a slow global economic recovery.

Asian markets mixed amid new signs the world economy emerging from deep recession

BANGKOK — Most major Asian markets advanced Friday with commodity stocks rising amid more signs the world economy is emerging from a deep recession. European shares traded higher.

Asian markets gains amid new signs the world economy emerging from deep recession

BANGKOK — Most major Asian markets advanced Friday with commodity stocks rising amid more signs the world economy is emerging from a deep recession. European shares traded higher.

Oil rises to near $71 in Asia as investors ignore bad US economic news, bet on recovery

SINGAPORE — Oil prices rose slightly to near $71 Friday in Asia as investors brushed off bad U.S. economic news, betting instead the American economy, the world’s largest crude consumer, will recover later this year.

White House says Obama will attend Asia-Pacific leaders’ summit in Singapore Nov. 14-15

WASHINGTON — President Barack Obama will attend a meeting of Asian and Pacific leaders in Singapore in November.

European stocks pare gains after downbeat US data prompts early Wall Street reverse

LONDON — European stock markets trimmed gains Thursday as Wall Street opened lower after disappointing U.S. retail sales data reined in optimism about the speed of recovery in the world’s largest economy.

Oil rises to near $71 in Asia as investors eye improving IEA crude demand forecast

SINGAPORE — Oil prices rose to near $71 a barrel Thursday in Asia as the International Energy Agency boosted its global crude demand forecast.

Singapore’s SingTel 2Q profit rises 7.7 percent amid growing subscriber base

SINGAPORE — Singapore Telecommunications Ltd., the largest telephone company in Southeast Asia, said its profit rose 7.7 percent in the April-June period as a growing subscriber base aided income.

Oil rises above $70 in Asia as investors eye improving IEA crude demand forecast

SINGAPORE — Oil prices rose above $70 a barrel Thursday in Asia as the International Energy Agency boosted its global crude demand forecast.

Oil drops to near $69 in Asia amid forecasts for weak crude demand this year

SINGAPORE — Oil prices dropped to near $69 a barrel Wednesday in Asia after the U.S. and OPEC said global crude consumption will slump this year as economies struggle to emerge from recession.

Oil hovers above $69 in Asia amid forecasts for weak crude demand this year

SINGAPORE — Oil prices hovered above $69 a barrel Wednesday in Asia after the U.S. and OPEC said global crude consumption will slump this year as economies struggle to emerge from recession.

Oil hangs below $71 in Asia as investors eye stock markets, US Fed meeting

SINGAPORE — Oil prices hung below $71 a barrel Tuesday in Asia as crude investors joined a pause in a stock market rally ahead of a U.S. central bank meeting.

Investigation of detained North Korean ship continuing

NEW DELHI - Chief of Naval Staff Admiral Sureesh Mehta has said that interrogation of the crew of a suspicious North Korea ship detained by Indian coastguards at Andaman and Nicobar Islands was still on.

Singapore economy grows revised 20.7 percent in second quarter

SINGAPORE — Singapore revised slightly higher its economic growth in the second quarter, but warned U.S. consumption must pick up to sustain the recovery.

Oil holds below $71 in Asia as investors eye stock markets, US Fed meeting

SINGAPORE — Oil prices held below $71 a barrel Tuesday in Asia as crude investors joined a pause in a stock market rally ahead of a U.S. central bank meeting.

Oil hovers near $71 in Asia ahead of US retail reports

SINGAPORE —Oil prices hovered near $71 a barrel Monday in Asia as investors looked to signs later this week of the U.S. consumers’ health.

Detained North Korean ship’s China voyages under scanner

PORT BLAIR - Investigation by Integrated Command of Andaman and Nicobar Island’s officials have revealed that the detained suspicious North Korean Ship MV Mu San made several voyages to China without maintaining proper records.

Oil slips to near $71 in Asia as investors eye US unemployment data

SINGAPORE — Oil prices fell to near $71 a barrel Friday in Asia as investors looked to U.S. monthly employment figures later in the day for signs the economy may be recovering.

Oil slips below $72 in Asia as investors eye US unemployment data

SINGAPORE — Oil prices traded below $72 a barrel Friday in Asia as investors looked to U.S. monthly employment figures later in the day for signs the economy may be recovering.

Oil falls to $71 in European trade amid rising US inventories, signs of slower recovery

NEW YORK — Oil prices fell to near $70 a barrel Thursday on more evidence of consumer anxiety and also growing supplies of unused crude and natural gas.

Asian markets mostly higher but China falls amid worries over tighter monetary controls

SEOUL, South Korea — Asian stock markets mostly rose Thursday led by Hong Kong and Japan despite weak economic data that sent Wall Street lower and worries about tighter monetary policy that dragged down China shares. European markets rose.

Asian markets narrowly mixed as China falls amid worries over tighter monetary controls

SEOUL, South Korea — Asian stocks were narrowly mixed Thursday after weak economic data sent Wall Street lower, while worries about tighter monetary policy dragged China shares down more than 2 percent.

Oil falls to near $71 in Asia amid rising US inventories, signs recovery could be slow

Oil prices fell to near $71 a barrel Thursday as investors eyed rising U.S. crude inventories and signs of a weak economy.

Oil wavers amid build of crude in storage, weakness in services sector

SIOUX FALLS, S.D. — Oil prices wavered near $72 a barrel Wednesday with crude supplies growing and more signs of weakness in major sectors like retail and transportation.

Oil rally stalls near $71 in Asia amid mixed US economic news

Oil prices slipped to near $71 a barrel Wednesday as mixed economic news from the U.S. stalled a weeklong rally and kept investors cautious.

Asian markets retreat as automakers fall, investors wait for new reading on US employment

BANGKOK — Asian markets retreated Wednesday as Japanese automakers fell on Toyota’s big loss and investors waited for a U.S. employment report to shed light on how quickly the world’s biggest economy can recover. European markets were mostly lower.

Budget carriers flourish amid economic gloom

KUALA LUMPUR, Malaysia — Budget airlines have found a silver lining in the global recession.

Oil rally stalls above $71 in Asia amid mixed US economic news

SINGAPORE — Oil prices hovered above $71 a barrel Wednesday in Asia as mixed economic news from the U.S. stalled a weeklong rally.

Oil falls below $71 in Asia after rally fueled by signs of improving US economy

Oil prices fell below $71 a barrel Tuesday, as investors booked profits after a big rally fueled by signs of economic recovery in the U.S.

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