Oil falls below $64 in Asia, extending 13 pct tumble in past week amid sluggish global economySINGAPORE — Oil prices fell below $64 a barrel Tuesday in Asia extending a 13 percent drop over the last week on investor doubts about a global economic recovery. Singapore says Asia faces lower economic growth as US consumer remains weakSINGAPORE — Singapore’s finance minister warned Asia to expect lower economic growth for years to come as a weakened U.S. consumer buys less of the region’s exports. Asia markets in holding pattern as investors look to earnings for economy cluesBANGKOK — Asian markets were in a holding pattern Tuesday, mostly eking out modest gains as investors looked to quarterly earnings as a possible antidote to growing pessimism about a quick economic recovery. Oil plunges below $65 in Asia as weak economic data sparks concern about recoverySINGAPORE — Oil prices plunged below $65 a barrel Monday in Asia as dismal unemployment figures from the U.S. and Europe last week sparked investor concern about a nascent economic recovery. Oil plunges to near $65 in Asia as weak economic data sparks concern about recoverySINGAPORE — Oil prices plunged to near $65 a barrel Monday in Asia as dismal unemployment figures from the U.S. and Europe last week sparked investor concern about a nascent economic recovery. Oil hovers above $66 in Asia after weak jobs numbers undermine investor confidenceSINGAPORE — Oil prices hovered above $66 a barrel Friday in Asia in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent crude prices tumbling. Oil falls below $67 a barrel as dollar gains on euro, US unemployment rate rises to 9.5 pctNEW YORK — Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S. Oil slips below $69 in Asia as investors look to US unemployment reportSINGAPORE — Oil prices slipped below $69 a barrel Thursday in Asia as investors looked to the release of a key U.S. employment report for hints on the outlook for the world’s largest economy. Oil holds above $69 in Asia as investors look to US June unemployment reportSINGAPORE — Oil prices lingered above $69 a barrel Thursday in Asia ahead of the release of a key U.S. unemployment figure. Oil rises nears $72 as drop in US crude inventories suggest supplies tighteningNEW YORK — Oil prices climbed nearer to $72 a barrel Wednesday with early indications that the government could report crude supplies have dropped for the seven out of the past eight weeks. Oil rises to near $71 in Asia as a drop in US crude inventories suggests demand pick-upSINGAPORE — Oil prices rose to near $71 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up. Singapore property prices drop again, 5.9 percent in second quarterSINGAPORE — Singapore real estate prices fell in the April-June period for a fourth straight quarter amid the city-state’s worst ever recession. Oil rises above $70 in Asia as a drop in US crude inventories suggests demand pick-upSINGAPORE — Oil prices rose above $70 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up. Progressive Infotech accelerates growth in South East with new international subsidiary in SingaporeNEW DELHI - Progressive Infotech, a leading independent provider of ICT Infrastructure Services, opened a new international subsidiary in Singapore. Asian markets gain, shrugging off Japan’s rising joblessness as oil powers above $73BANGKOK — Most Asian markets advanced Tuesday, shrugging off another rise in Japanese unemployment as oil powered above $73 a barrel to eight-month highs, boosting resource stocks. Oil jumps above $73 in Asia, 8-month high, on weaker dollar, Nigeria attacksSINGAPORE — Oil prices jumped above $73 a barrel Tuesday in Asia as a weakening U.S. dollar and attacks on oil installations in Nigeria helped push prices to eight-month highs. Oil hovers nears $69 as traders look to data this week for clues on US recoveryOil prices hovered near $69 a barrel Monday as traders looked to macroeconomic indicators due later this week for signs of improvement in the U.S. economy. Oil hovers above $69 in Asia as traders look to data this week for clues on US recoverySINGAPORE — Oil prices hovered above $69 a barrel Monday in Asia as traders look to macroeconomic indicators this week for signs of improvement in the U.S. economy. Oil drifts below $69 in Asia as traders look to data this week for clues on US recoverySINGAPORE — Oil prices drifted below $69 a barrel Monday in Asia as traders look to macroeconomic indicators this week for signs of improvement in the U.S. economy. Oil rises above $71 in Asia as investors mull whether US economy will recover this yearSINGAPORE — Oil prices rose above $71 a barrel Friday in Asia as investors mulled mixed signs about the strength of the U.S. economy and crude demand. Singapore manufacturing rises for second month in May, up 2 percentSINGAPORE — Singapore’s manufacturing rose for a second month in May as pharmaceutical production more than doubled amid signs a severe recession is loosening its grip on the Southeast Asian city-state. Oil holds above $70 in Asia as investors mull whether US economy will recover this yearSINGAPORE — Oil prices held above $70 a barrel Friday in Asia as investors mulled mixed signs about the strength of the U.S. economy and crude demand. Oil rises above $70 per barrel; new data suggests economy hasn’t slowed as much as thoughtNEW YORK — Oil prices jumped above $70 a barrel Thursday after the government said that the economy may be faring better than previously thought. People have to pay more for water, ADB tells IndiaSINGAPORE - Even as India reels under chronic water shortages in its cities, the Asian Development Bank (ADB) Thursday urged it to increase existing water tariff, which it said was “too low”, and invite foreign investment to improve the country’s water infrastructure. Singapore’s Resorts World cuts 2010 arrivals forecast, eyes first quarter openSINGAPORE — Singapore’s Resorts World, which plans to open Southeast Asia’s first Universal Studios theme park early next year, has slashed its 2010 visitor forecasts in the face of a global economic downturn. Standard Chartered bank reports record income, profit through May 2009, cautious on outlookLONDON — Standard Chartered PLC said Thursday that it enjoyed record income and operating profit in the first five months of the year, but remains cautious about the outlook due to the global recession. ADB urges India to raise water tariffSINGAPORE - The Asian Development Bank (ADB) Thursday urged India to increase water tariff and invite foreign investment to improve the country’s water infrastructure to the “desired level”. Asian markets gain as Fed says recession easing; European shares open lowerBANGKOK — Asian stock markets advanced Thursday after the U.S. Federal Reserve said the world’s largest economy is shrinking at a slower pace and scotched fears of an inflation threat, underpinning investor hopes for recovery. European shares opened lower. Oil hovers above $69 in Asia amid mixed signals from US inventories, Federal ReserveSINGAPORE — Oil prices hovered just above $69 a barrel Thursday in Asia amid mixed signals about crude demand from a weekly U.S. inventory report. Asia markets gains as Fed says recession easing while inflation, interest rates to stay lowBANGKOK — Asian stock markets advanced Thursday after the U.S. Federal Reserve said the world’s largest economy is shrinking at a slower pace and scotched fears of an inflation threat, underpinning investor hopes for recovery. |
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