Oil trading remains restrained amidst tension in Middle East

SINGAPORE: Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the...

US oil exports to Asia keep increasing, creating problems for OPEC

LAUNCESTON, Australia: U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially...

Asian stock markets open lower after Wall Street’s losing week

BEIJING: Asian stock markets were mixed Monday following Wall Street’s losing week as investors looked ahead to a week of data releases and...

Oil prices stand firm, as experts predict volatility ahead

SINGAPORE: Oil markets were little changed on Friday, supported by ongoing supply cuts and strong demand which have resulted in a tightening...

Asian stock markets down, following declines on Wall Street

HONG KONG: Asian shares sank Friday, following declines on Wall Street after a proposed delay to U.S. tax cut plan dented investor...

As US stocks reach new highs; investors pile money into commodities

NEW YORK: A growing number of investors are plowing money into commodities, seeking to diversify their holdings on gnawing concerns about a...

Japanese shares reach 26 year high, as other Asian stock markets remain muffled

TOKYO: Japan’s stock benchmark surged Thursday to its highest in more than a quarter century on the yen’s weakness and healthy corporate...

Oil prices reach two-year highs, as markets tighten, Saudi crackdown

SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented...

Asian stock markets dip after weak US jobs data

TOKYO: Asian markets slipped on Monday as weaker-than-expected U.S. jobs figures dented sentiment. Investors were also keeping an eye on President Donald...

Tea worth $137.142mn imported in first quarter

ISLAMABAD: Tea import into the country during the first quarter of the current financial year increased by 2 per cent as compared...

Asian shares fall as investors await new Fed leader

TOKYO: Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the...

Bitcoin surges to all-time high of $6,450

LONDON: Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream...

Brent crude prices touch two-year highs

SINGAPORE: Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with its pledged supply cuts...

Saudi Arabia could jack-up crude prices in December

RIYADH: Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or...

Asian stock markets rise on optimism over global economic growth

TOKYO: Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street. KEEPING SCORE: Japan’s benchmark Nikkei 225...