Oil rises above $70 in Asia investors eye global stocks, US dollarOctober 6th, 2009 Oil above $71 as global stocks gainSINGAPORE — Oil prices above $71 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up 71 cents at $71.12 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil above $70 in Asia investors eye global stocks, US dollarOctober 5th, 2009 Oil above $70 as global stocks gainSINGAPORE — Oil prices floated above $70 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up 19 cents at $70.60 by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Singapore wealth fund GIC recovers more than half of last year's loss as stocks reboundSeptember 30th, 2009 Singapore's GIC recovers after last year lossSINGAPORE — Singapore state investment company GIC said Tuesday its investments fell more than 20 percent in the 12 months ending March, but have recovered more than half that loss as global stocks surged in recent months. Government of Singapore Investment Corp., known as GIC, said in an annual report that the loss during its last fiscal year pulled down the fund's 20-year nominal annual rate of return in Singapore dollar terms to 4.4 percent from 5.8 percent.
Treasury prices rise as investors seek safety by moving out of riskier stocksSeptember 17th, 2009 Treasury prices rebound as stocks fall modestlyCHARLOTTE, N.C. — Treasury prices rose slightly Thursday, pushing their yields lower, as stocks declined modestly.
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.
New survey shows optimism for global economy at its highest level in nearly 6 yearsAugust 19th, 2009 Survey: Optimism about global economy is growingNEW YORK — A new survey by Banc of America Securities-Merrill Lynch showed optimism among portfolio managers about the chances for global economic recovery rising to their highest level in nearly six years. Three-quarters of the 204 fund managers polled in the monthly survey said they believe the world economy will strengthen over the next 12 months, the highest reading since November 2003.
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.
Oil extends rally to above $67 in Asia as stocks jump, fueling optimism on economyJuly 31st, 2009 Oil extends rally to above $67 as stocks jumpSINGAPORE — Oil prices jumped above $67 a barrel Friday in Asia, extending a big rally from the previous day as surging stock markets fueled investor optimism. Benchmark crude for September delivery was up 62 cents to $67.56 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Stocks retreat slightly in early trading following big jump a day earlierJuly 24th, 2009 Stocks pull back a bit after prior day's big jumpNEW YORK — Investors are taking a breather after a surge in stocks that sent the Dow Jones industrials above the 9,000 mark for the first time since January. Stocks are slightly lower in early trading Friday, as disappointing earnings news from companies like Microsoft Corp.
Treasurys rise after volatile weeks; Fears about economy fan demand for safetyJuly 10th, 2009 Treasurys jump as investors seek safetyNEW YORK — Treasury prices jumped again Friday as investors worried about the economy sought the safety of government debt. Investors turned cautious as they awaited a busy week of corporate earnings reports and economic data.
Oil falls to near $69 in Asia as investor optimism on US economic recovery wanesJune 22nd, 2009 Oil falls to near $69 as optimism on economy wanesSINGAPORE — Oil prices fell to near $69 a barrel Monday in Asia on investor concerns over a weak U.S. economy. Benchmark crude for July delivery fell 22 cents to $69.33 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Singapore's exports drop 12 percent in May from year ago, but show signs of improvementJune 17th, 2009 Singapore exports drop again, but show improvementSINGAPORE — The slump in Singapore's non-oil exports eased in May, suggesting the most important sector of the city-state's economy is stabilizing. Exports fell 12 percent in May from the same month of 2008 to 10.9 billion Singapore dollars ($7.5 billion) following a 19 percent drop in April, according to Trade and Industry Ministry figures released Wednesday.
Asian markets climb on hopes worst of global slump over but doubts about big rally emergeJune 3rd, 2009 Asian markets climb but caution limits gainsBANGKOK — Asian stocks rose modestly Wednesday as investors vacillated between hopes the worst of the global recession is over and worries the three-month market rally will evaporate. Data from Australia and the U.S.
Treasurys rise as investors pull out of stocks after unexpected drop in retail salesMay 13th, 2009 Investors jump into Treasurys as retail sales fallNEW YORK — Unexpected weakness at the nation's retailers fanned concerns about the health of the economy and boosted demand for the safety of government debt Wednesday. Treasury prices jumped as stock market investors worried that the optimism that fed a two-month surge in stocks off of 12-year lows in March might have been overdone.
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