Oil jumps to near $76 in Asia, fresh 1-year high, as stocks, US dollar fuel gainsOctober 15th, 2009 Oil jumps to fresh 1-year high near $76 a barrelSINGAPORE — Oil prices reached a fresh one-year high near $76 a barrel Thursday in Asia on a weaker U.S. dollar and growing investor optimism about an economic recovery.
Asian stocks mostly lower amid caution ahead of US earnings; oil above $72 a barrelOctober 11th, 2009 Asian stocks mostly lower as US earnings eyedHONG KONG — Asian stocks were mostly lower Monday amid caution ahead of earnings announcements from large U.S. companies that could shed light on the state of the world's largest economy.
Oil drops below $69 as US dollar rebounds, Asian stocks slideSeptember 13th, 2009 Oil drops below $69 as dollar gains, stocks slideOil prices dropped below $69 a barrel Monday, hurt by a rise in the U.S. dollar, which tends to weigh on commodities, and a slide in regional stock markets.
Oil hovers near $70 in Asia as investors eye stocks for clues on economic recoverySeptember 1st, 2009 Oil hovers near $70 as investors eye stocksSINGAPORE — Oil prices hovered near $70 a barrel Tuesday in Asia after a pullback in global stocks triggered a sharp drop the previous day. Benchmark crude for October delivery was up 28 cents at $70.24 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil rises slightly to above $70 in Asia as investors watch stock markets for directionSeptember 1st, 2009 Oil rises above $70 as investors watch stocksVIENNA — Oil prices rose slightly to above $70 a barrel Tuesday as a rebound in Asian stocks boosted investor optimism. Benchmark crude for October delivery was up 38 cents at $70.34 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Sensex moves higher into green, betters key Asian indicesAugust 18th, 2009 MUMBAI - Indian equities markets were doing better than most other Asian bourses shortly after noon Tuesday, a day after a key index plummeted 627 points. At 12.23 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened weak at 14,745.8 points, had moved back above the 15,000-mark at 15,062.55 points -- 277.63 points or 1.83 percent higher than Monday's close.
Oil hovers near $67 in Asia as optimism on economy sparks stock rallyJuly 31st, 2009 Oil hovers near $67 as US, Asian stocks jumpSINGAPORE — Oil prices hovered near $67 a barrel Friday in Asia after investor optimism about the economy fueled rallies in crude and stocks. Benchmark crude for September delivery was down 20 cents to $66.74 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Asian stocks extend rally as company results whet investor appetite for risk; Tokyo up 1.4 pctJuly 27th, 2009 Asian stocks extend rally amid earnings optimismHONG KONG — Asian markets extended their winning streak Monday as hopes company earnings will rebound along with global growth continue to drive investors into stocks. Benchmarks across the region added over 1 percent each, oil rose above $68 a barrel and the dollar was up against the yen.
Asian markets mixed, Europe down ahead of key data; oil rally boosts resource stocksJune 30th, 2009 Asian markets mixed, Europe down ahead of key dataBANGKOK — Asian markets were mixed Tuesday and European shares opened lower as investors braced for economic reports that will train a spotlight on the vitality of a possible global economic recovery. Oil powered above $73 a barrel to eight-month highs, boosting resource stocks, and the dollar fell against the yen.
Asian markets gain, shrugging off Japan's rising joblessness as oil powers above $73June 30th, 2009 Asian stocks gain as oil jumps 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. Overnight gains on Wall Street underpinned sentiment, helping the region's markets to extend a massive rally that began in March on hopes the worst of the global recession has passed.
Asian stocks fall, taking breather from rally, as global recovery prospects mulledJune 15th, 2009 Asian stocks fall as recovery prospects mulledTOKYO — Asian stocks edged lower Monday as investors assessed whether recent signs of improvement in the recession-hit global economy justify the enormous rally in markets since March. Over the weekend, finance ministers from the Group of Eight industrialized nations, meeting in Italy, acknowledged "signs of stabilization in our economies." But they also said it was too early to withdraw massive fiscal and monetary stimulus because the fallout from the financial and economic crisis wasn't over.
Asian stock markets advance; Japan's Nikkei rises above 10,000 to reach 8-month highJune 11th, 2009 Asian stocks climb; Tokyo's Nikkei hits 10,000SHANGHAI — Asian stock markets advanced Thursday, with Japan's benchmark Nikkei index rising above 10,000 for the first time in eight months amid cautious optimism that the region is slowly moving toward recovery. Oil prices rose to new highs for the year, climbing above $72 a barrel.
Oil reaches $60 for first time since November; gasoline prices at $2.25 a gallonMay 12th, 2009 Oil hits $60 for first time since NovemberCOLUMBUS, Ohio — After a one-day pause, oil prices resumed their trek higher Tuesday, hitting $60 a barrel for the first time since Nov. 10. Gas prices also moved higher again and now are up 40 percent off the low reached in December.
Sensex breaches 10,000-mark, closes a bit lowerMarch 26th, 2009 MUMBAI - Indian equities markets closed in the green Thursday even as a key index breached the psychologically important 10,000-mark before falling to settle a tad lower. The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 9,739.93 points, ended at 9,936.96 - a rise of 269.06 points or 2.78 percent from its previous close.
Sensex crosses 10,000-mark, market rally gathers steamMarch 26th, 2009 MUMBAI - The rally at Indian equities markets gathered steam Thursday as traders scampered to cover their positions, resulting in a key index shutting shop above the psychologically important 10,000-mark. The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 9,739.93 points, ended at 10,003.1 points - a rise of 335.2 points or 3.47 percent from its previous close.
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