Archive for December 2012
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China National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the US-led
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The US economy grew faster than previously estimated in the third quarter as exports and government spending provided a lift, but that boost is likely to be lost amid slowing global demand and a move
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President Barack Obama on Thursday formally granted "permanent normal trade relations" to Russia, following congressional action that cleared the way for him to remove a Cold War-era vestige on trade but also raised tensions with
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India and members of the Association of South-East Asian Nation members Thursday successfully concluded negotiations on a free trade agreement in services and investment. Speaking at an India-ASEAN commemorative summit in New Delhi, Prime Minister
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Global investors pared back equity holdings as 2012 wound down, preferring to bank gains from a surprisingly bullish year as they awaited a green light from US budget negotiations. With another roller coaster year underpinned
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Global investors pared back equity holdings as 2012 wound down, preferring to bank gains from a surprisingly bullish year as they awaited a green light from US budget negotiations. With another roller coaster year underpinned
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The Bank of Japan delivered its third shot of monetary stimulus in four months on Thursday, in a prelude to more aggressive action next year as it faces intensifying pressure from the country's next leader
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Across the United States, the number of hungry and homeless people is growing, and budget fights at the federal level are threatening the aid many need to survive, the US Conference of Mayors said on
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The Philippines posted a third straight gain on Thursday after Standard & Poor's raised its rating outlook for the country to 'positive' while most other markets in the region saw smaller gains in light volume
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Australian shares rose 0.4 percent on Thursday, buoyed by defensive stocks while investor sentiment remained averse to risk over fears US lawmakers might not reach a deal in time to avoid tax hikes and spending
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