InfoAnda - Oil, US stocks ease pressure on Asian markets

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

UAE to invest in poorer northern emirates | 3 March 2011
Solar production glut to persist to 2015: study | | 26 June 2012
Disney-branded channel coming to Russia | 17 December 2008

"New Moon" shines on record holiday box office | 30 November 2009

Forum Views () Forum Replies ()

Read more with google mobile : Oil, US stocks ease pressure on Asian markets

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Top Stories Most Popular Photos Full Coverage Sitemap Oil, US stocks ease pressure on Asian markets AFP - 1 hour 1 minute ago Send IM Story Print Oil, US stocks ease pressure on Asian markets HONG KONG (AFP) - – Asian stock markets have edged higher, with Tokyo and Hong Kong buoyed by easing world oil prices and gains on Wall Street, although Shanghai took a breather from a three-day advance. Tokyo's Nikkei Index ended the session up 0.61 percent, or 64.31 points, at 10,589.50, while Hong Kong was 0.53 percent higher. Shanghai was flat and Sydney fell 0.84 percent, or 40.40 points, to 4,767.80. New York crude oil fell below $105 after Saudi Arabia promised it could offset any supply disruption caused by political turmoil in parts of the Middle East and North Africa. Crude prices have hit two-and-a-half-year highs in recent days due to the upheavals, with some analysts fretting that Saudi Arabia could itself see a rise in unrest. However Oil Minister Ali Naimi said his country's spare capacity was sufficient to make up any supply shortfalls and the kingdom was also developing a "special mix" of oil that resembled Libya's light sweet crude. "Current supplies in the market are very adequate, and there is an extra output capacity that could be used if needed," the state SPA news agency quoted him as saying. New York's main contract, light sweet crude for April delivery, fell 80 cents to $104.22 per barrel. Brent North Sea crude for April dropped 46 cents to $112.60. Wall Street was buoyed by the Saudi minister's words and a survey showing more upbeat small-business sentiment. The Dow Jones Industrial Average surged 1.03 percent, the S&P 500 index rose 0.89 percent and the tech-rich Nasdaq Composite climbed 0.73 percent. Reflecting the improved sentiment, prices of safe-haven gold dipped, with gold opening at $1,427.00-$1,428.00 an ounce in Hong Kong, compared with Tuesday's close of $1,428.00-$1,429.00. Tokyo was lifted by news that core private-sector machinery orders, a top indicator of corporate capital spending, rose a stronger-than-expected 4.2 percent in January from the month before. The positive data, which excluded volatile demand from power companies and for ships, followed a 1.7 percent rise in December and marked the biggest increase since August. In Hong Kong, Cathay Pacific shares jumped as the company said its profits had nearly tripled last year to HK$14.05 billion ($1.80 billion) and that it would buy 25 new planes from Airbus and Boeing. Shanghai's Composite Index trod water however after rising 3.3 percent over the previous three sessions. Chinese coal and gold producers led losses as world oil and gold prices slipped. There was a note of caution from Jian Wei, senior dealer at City Index Australia, in Sydney, where weaker commodity prices were dragging down mining company stocks. "The longer the Libyan crisis hangs around the more there will be concern amongst investors. At this stage, there are already speculations that if this persists further, it may impact the recovery in some economies," he told Dow Jones Newswires. On Asian currency markets the dollar rose against the euro as oil prices eased and worries increased about eurozone debt problems. The euro retreated to $1.3889 in Tokyo afternoon trade from 1.3905 in New York late Tuesday. The single European currency rose to 115.07 yen from 114.91 yen. The dollar firmed to 82.85 yen from 82.64 yen. In other markets: -- Seoul closed 0.26 percent higher, with the benchmark KOSPI gaining 5.15 points to 2,001.47. -- Manila rose 0.72 percent, or 27.99 points, to 3,926.86. Conglomerate Alliance Global rose 1.37 percent to 11.86 pesos, Philippine Long Distance Telephone advanced 0.89 percent to 2,260 pesos, while Megaworld climbed 1.90 percent to 2.15 pesos. -- Wellington fell 0.20 percent, or 6.75 points, 3,414.42. -- Taipei edged up 0.03 percent, or 2.27 points, to 8,750.02. Ruentex Industries rose 1.89 percent to Tw$75.3, while Taiwan Semiconductor Manufacturing Co was 0.14 percent lower at Tw$71.4. Send IM Story Print News Search Top Stories Cathay Pacific to buy, lease 27 new planes Oil, US stocks ease pressure on Asian markets Spider-Man comic nets US$1.1 million dollars Lack of sleep can make you overly optimistic: study Japan core machinery orders up 4.2% in January More Top Stories » ADVERTISEMENT Most Popular Most Viewed NASA scientists in row over 'alien microbes' Mass fish death in California harbor Lack of sleep can make you overly optimistic: study Oil prices ease as Saudi downplays supply fears Libya: live report More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Wednesday, 9 March 2011
Italy's top bank ready to freeze Libya stake
First direct Serbia, Kosovo talks open on 'high hopes'
Oil prices ease as Saudi downplays supply fears
Spain's deputy PM leaves intensive care
German central bank sees 2.5% growth this year
Gates observes US progress in southern Afghanistan
World oil supply 'very adequate': Saudi minister
Afghan president tells his people hard year ahead
N. Zealand stun Pakistan in cricket W. Cup
Libya: live report
Down's syndrome test breakthrough 'on the horizon'
Nokia starts talks with Finnish staff over revamp
Taylor leads N. Zealand to 302 runs against Pakistan
Kuwait protesters swell in number, call for PM change |
Cuban state layoffs move slowly, workers uneasy |
Gunfire erupts in Abidjan, Gbagbo forces kill 4 |
Gates sees Afghan progress, warns of fight ahead
Iran forces fire teargas to disperse opposition backers |
Bangladesh court OKs Yunus' dismissal from bank
Sudan rebels to stand trial over peacekeeper killings |
ICC summons 6 suspects over Kenyan violence |
Holy streaming, Batman! 'Dark Knight' on Facebook
Holy streaming, Batman! 'Dark Knight' on Facebook
Women go flipping crazy for world's oldest pancake race
Not one more night: Phil Collins calls it a day
US-ENTERTAINMENT Summary
TV executives await blockbuster ad sales
Warner Bros to offer movies through Facebook |
At 25, MTV's "Real World" challenged to stay fresh
International Women's Day shines harsh light on 'femicide'
Toyota's global sales of hybrid cars top 3 million
New TV and social media trend among the youth: study |
Security high as Prince William and Kate in Belfast
Avril Lavigne more "emotional," "raw" on new album
Lime Wire, music publishers settle copyright case |
Single euro patent battle hits legal buffer
Taiwan softens on high-tech investment in China
Wireless expert Parrot seeks acquisitions
US-TECH Summary
Google logo, maps mark International Women's Day
Avril Lavigne more emotional, raw on new album |
Warner Bros to offer movies through Facebook |
Lime Wire, music publishers settle copyright case
TV executives await blockbuster ad sales |
SW China mega-city building huge security system
New TV and social media trend among the youth: study |
Mia Wasikowska travels from Alice to Jane Eyre |
India's Mahindra group forms alliance with Cisco
China blasts SKorea military hacking allegations
Rocker Robbie Robertson set to write memoirs |
Google to digitise Mandela archives
At 25, MTV's Real World challenged to stay fresh |
Genesis vocalist Phil Collins announces retirement |
Civilian deaths in Afghan war hit record high: UN
Libyan forces pound rebels; US wary on no-fly zone
S. Korea accuses N. Korea over communications attack
Coptic Christian killed in Cairo sectarian clashes
Oil, US stocks ease pressure on Asian markets
Chinese voices find outlet in microblogs
One dead as Muslims and Christians clash in Cairo
Libya no-fly zone must have U.N. backing: Clinton |
Spider-Man comic nets US$1.1 million dollars
Kuwait protesters swell in number, call for PM change
Cathay Pacific to buy, lease 27 new planes
Senate approves patent reform to end backlog
Iran forces fire tear gas at protesters: opposition website
Lack of sleep can make you overly optimistic: study
Suicide bomber kills 25 at Pakistan funeral |
Japan core machinery orders up 4.2% in January
Google Ventures backs online marketing startup
Egypt's army detains state security chief
Mass fish death in California harbor
Iran forces fire teargas to disperse opposition backers
Targeted civilian killings spiral in Afghan war: U.N. |
First direct Serbia, Kosovo talks open on 'high hopes'
Craigslist founder in new venture
Shakhtar move seamlessly into Champions League last eight
US probes hacker threat over WikiLeaks soldier
Strong quake hits northeast Japan, tsunami warning issued |
Wall Street insider trading trial picks jury
New TV and social media trend among the youth: study
Exposed: Egypt's spies dragged from shadows |
New Chrome browser ready for the world
Embattled Japan PM picks new foreign min amid diplomacy woes |
Paris court fines Google for copyright breaches
New Chrome browser ready for the world
Embattled Japan PM picks new foreign minister
One dead as Muslims, Christians clash in Cairo |
Strong quake hits northeast Japan, tsunami warning issued
Colombian troops free kidnapped oil workers |
Sri Lanka urged to end detention without trial
Holy streaming, Batman! 'Dark Knight' on Facebook
SKorea's top diplomat apologizes over scandal
Philippines on alert amid infighting among rebels
Japan's government selects new foreign minister
Large earthquake hits northeast Japan; no damage
Weather forecast for the Asia-Pacific region
At 18, he's the US teen truffle tycoon
Tourists reach new beach frontier in Myanmar
Philippine plane gets stuck in mud, delays flights
Magnitude 7.2 earthquake hits northeast Japan
Spider-Man comic nets US$1.1 million dollars
Former Alice in Chains rocker Mike Starr dies
Bassist from US grunge band found dead
Mexican court allows controversial film back
Charlie Sheen outranks Obama and Lady Gaga in social media
Precious Agatha Christie ivories to go on show in London
Charlie Sheen outranks Obama and Lady Gaga in social media |
Pakistan-IMF talks extended for 2-3 days
Seoul shares cut gains on tech sector weakness
Pakistan
Taiwan central bank: should pursue price stability
Senate approves patent reform to end backlog |
S.Korea Jan-Feb CPI growth topped c.bank views
Deutsche says unit may lose $10 mln during suspension
Seoul shares cut gains on tech sector weakness
S&P: Korean recovery firm, but inflation risks persist
NZ FinMin says growth to rise above 4 pct on quake rebuild
S.Korea c.bank says to focus policy on inflation
Former Alice in Chains rocker Mike Starr dies |
Charlie Sheen outranks Obama and Lady Gaga in social media |
Morals clause at issue in Charlie Sheen legal fight |
Libya: live report
Internet banking surges in southeast Asia
Serbia, Kosovo kick off landmark direct talks
RIM's PlayBook tablet gets 7digital music store
French court suspends Chirac graft trial
World powers pressure Iran over nuclear concerns
Toyota targets strong sales in emerging markets
Want less Charlie Sheen? There's an app for that
Saudi minister says dialogue needed, not protest
Schalke's Raul wary of Valencia in Champions League
Ten dead in Egypt religious clashes
Intel official: Iran sends Taliban deadly rockets
UN says Afghan civilian deaths spike in 2010
Egypt sectarian strife kills 13, challenge to army |
World powers pressure Iran over nuclear concerns |
Ugandan police fire teargas at poll protesters |
Ebadi says Arab-style revolt certain soon in Iran |
Pakistan's Islamist parties challenge weakening government
Blast at Moscow bus stop near security academy |
U.S. condemns violence in contested Sudanese region |
Bali to criminalise giving alms to street beggars
Taiwan's Ma seeks US help in closing arms gap
Netanyahu names new national security adviser |
Samsung, LG fight for 3-D tech supremacy
New PM vows to lift Ireland out of darkest hour |
AP Interview: Petraeus says tough summer ahead
Indonesia's radical Islamist group urges Sultan to ban Ahmadiyah
Nobel laureate appeals to keep job at microlender
World pays attention to S. Korean diplomats' sex scandal
Minimum and maximum temperatures in Celsius
Suicide bomber kills 37 at Pakistan funeral
Thailand blames teen pregnancies for rise in number of disabled babies
1kg marijuana found in Indonesian prison
Kazakh celebrities launch drive to bring out vote
Pakistan to announce T-bills auction result on Wednesday
Microblogs in China government's fight to win public approval |
Reliance Communications seals $1.9B Chinese loan
HK's Cathay adds 27 Boeing, Airbus jets to fleet
Nokia shares up after Symbian sales commitment |
China's Feb auto sales slow, hit by holiday
RIM's PlayBook tablet gets 7digital music store |
HK toy maker settles patent suit with Hasbro
Abbey Road studios launch 80th anniversary contest |
A Minute With: Jeff Beck revisits rock's glory days |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01