Oil falls to near $70 in Asia as investors eye weak US economic dataOctober 1st, 2009 Oil falls to near $70 as traders eye US economySINGAPORE — Oil prices fell to near $70 a barrel Friday in Asia as signs of a sluggish U.S. economic recovery discouraged stock and crude investors.
Most India Inc top honchos expect recovery to sustainSeptember 29th, 2009 NEW DELHI - A whopping 63 percent of top executives of India Inc believe a sustainable economic recovery is under way, according to a survey conducted by a leading think-tank. Indian business honchos are the most optimistic of the lot in Asia of a sustainable economic recovery, said the survey, conducted among 258 senior executives from Asia by the Economist Intelligence Unit (EIU).
Oil falls to near $71 in Asia as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls to near $71 in Asia amid weak demandBANGKOK — Oil prices fell to near $71 a barrel Monday in Asia as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down 88 cents at $71.16 a barrel by late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil falls below $71 as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls below $71 amid weak demandVIENNA — Oil prices slipped below $71 a barrel Monday as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down $1.25 at $70.79 a barrel by noon European electronic trading on the New York Mercantile Exchange.
Oil falls below $72 in Asia amid concerns over slow US economic recoverySeptember 18th, 2009 Oil below $72 on concerns economic recovery slowKUALA LUMPUR, Malaysia — Oil prices weakened Friday in Asia, dampened by concerns that a recovery in the U.S. economy may be slower than expected.
Oil weakens to near $72 in Asia amid concerns over slow US economic recoverySeptember 17th, 2009 Oil near $72 on concerns economic recovery slowKUALA LUMPUR, Malaysia — Oil prices weakened Friday in Asia, dampened by concerns that a recovery in the U.S. economy may be slower than expected.
Oil falls to near $71 in Asia on signs of faltering demand, anemic economic recoveryAugust 27th, 2009 Oil falls to near $71 in Asia on faltering demandKUALA LUMPUR, Malaysia — Oil prices fell to near $71 a barrel Thursday in Asia, dragged down by signs of faltering U.S. crude demand and concerns the global economic recovery will be anemic.
Oil falls to near $71 in midday European trading on signs of faltering demandAugust 27th, 2009 Oil falls to near $71 on recovery worryLONDON — Oil prices fell to near $71 a barrel on Thursday, dragged down by signs of faltering U.S. crude demand and concerns the global economic recovery will be weak.
Oil falls to near $72 in Asia as mixed US economic data suggest slow recoveryAugust 21st, 2009 Oil falls to near $72 amid mixed US economic dataSINGAPORE — Oil prices fell to near $72 a barrel Friday in Asia as mixed economic data from the U.S. point to a slow recovery.
Mexican president sees signs of economic recoveryAugust 4th, 2009 MEXICO - Mexican President Felipe Calderon has said there were signs of recovery of the country's economy, and described the world economic crisis as a perfect storm, Prensa Latina reported Tuesday. Calderon made the comments Sunday and added that despite the fact that the economic crisis has led to a reduction in 10 percent of the gross domestic product, there are already some signs of recovery, such as the creation of 20,000 jobs in June.
Massey rehires miners as Asian steel markets show signs of recovering from recessionJuly 29th, 2009 Massey rehires miners to meet demand from AsiaCHARLESTON, W.Va. — Massey Energy Co.
Oil falls to near $62 in Asia amid worries over slower-than-expected economic recoveryJuly 8th, 2009 Oil falls to near $62 in Asia on recovery doubtsKUALA LUMPUR, Malaysia — Oil prices fell to near $62 a barrel Wednesday in Asia growing concerns over a slower-than-expected recovery in the global economy. Prices were lower for the sixth straight day from a peak of above $73 last week, in tandem with continued weakness in global stock markets.
Oil falls below $64 in Asia, extending 13 pct tumble in past week amid sluggish global economyJuly 7th, 2009 Oil falls below $64, extending past week's plungeSINGAPORE — 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. Benchmark crude for August delivery fell 43 cents to $63.58 a barrel by afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
ADB: Asia set for mild economic recovery in 2010, sustained growth will take longerJuly 2nd, 2009 ADB: Asia set for mild economic recovery in 2010MANILA, Philippines — Asia is set for a mild economic recovery from the global financial crisis in 2010 after bottoming out this year, the Asian Development Bank's chief economist said Thursday. "Clearly now we are in the transition from recession to recovery," Jong-Wha Lee said.
IMF: Asia could see 'modest recovery' in 2010, boosted by stronger export demand, stimulusApril 22nd, 2009 IMF says Asia could see 'modest recovery' in 2010BEIJING — The International Monetary Fund says Asian economies could see a modest recovery next year, boosted by stronger export demand and stimulus spending. Trade-driven Asia has been hit harder than expected by the worst global downturn since the 1930s.
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