Search results for "ASIA"

REFINE RESULTS

SEARCH RESULTS

About 2698 results. Sort By: Date | Relevance
PRECIOUS-Gold stays near seven-month high as stocks remain volatile

*Stops short of $1,200 an ounce on Tuesday. Analysts said the metal is looking overbought and it pulled back after stopping short of testing key psychological resistance at $1,200 an ounce on Tuesday, but many say it could push higher again in coming days. Spot gold was trading down 0.1 percent at $1,189.96 an ounce by 1527 GMT, after rising to $1,200.60 on Monday,...
Source: Reuters | By: Susan Fenton
Who’s to blame for the market turmoil?

CNBC takes a look at the leading suspects behind this year's rollercoaster ride for markets.
Source: CNBC.com | By: Katy Barnato
Stocks could fall 10-20% more: Bouroudjian

This is an I.O.U. market, says trader Jack Bouroudjian. Expect more pain before it gets better.
Source: CNBC.com | By: Jack Bouroudjian
METALS-Copper hits two-week low as growth fears hit sentiment

*Volumes subdued during China holiday. LONDON, Feb 9- Copper prices tumbled to two-week lows on Tuesday as the rout in equities undermined growth sentiment, though volumes were subdued by a holiday in China and a market waiting for clues on demand prospects in the country. Benchmark copper was down 2.2 percent to $4,509 a tonne at 1529 GMT.
Source: Reuters | By: Pratima Desai
Saudi Arabian builders delay payments amid state spending clampdown

*Saudi labor ministry issues statement on unpaid wages. DUBAI, Feb 9- Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an unusual move this week, the Ministry of Labour issued a public...
Source: Reuters | By: Tom Arnold and Andrew Torchia
UPDATE 7-Oil prices ease as slowdown fears grip markets

The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency cut its forecast for 2016 oil demand growth, which now stands at 1.17 million barrels per day following a five-year high of 1.6 million in 2015,...
Source: Reuters | By: Amanda Cooper
India's Essar Oil says Rosneft stake buy in advanced due diligence

MUMBAI, Feb 9- Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday. Last week, Bloomberg reported that the company was in talks with Saudi Arabia's biggest oil company Saudi Aramco and National Iranian Oil Company to sell a...
Source: Reuters | By: Promit Mukherjee
PRECIOUS-Gold heads towards seven-month high as shares slide

*Looks set to retest $1,200 an ounce. The precious metal saw some profit taking in early trade after failing to push through key psychological resistance at $1,200 an ounce, but picked up after U.S. markets opened and looked set to retest the $1,200 level. If we can reach $1,200 and hold above it that would probably set the scene to go higher, "said David Govett, head of...
Source: Reuters | By: Susan Fenton
UPDATE 6-Oil prices ease as slowdown fears rattle markets

The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency cut its forecast for 2016 oil demand growth, which now stands at 1.17 million barrels per day following a five-year high of 1.6 million in 2015,...
Source: Reuters | By: Amanda Cooper
Alabama's Top Two Youth Volunteers Selected in 21st Annual National Awards Program

Killen and Troy students earn $1,000 awards, engraved medallions and trip to nation’ s capital. MONTGOMERY, Ala.---- Madison Haney, 17, of Killen and Ciara Laird, 10, of Troy today were named Alabama's top two youth volunteers of 2016 by The Prudential Spirit of Community Awards, a nationwide program honoring young people for outstanding acts of volunteerism.
Source: Business Wire