Friday 19 April 2024
 
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Malaysia arrests hacker for supplying US data to Islamic State

At the request of the US, Malaysia has arrested a man on charges of hacking personal data of more than a thousand US officials and handing it to Islamic State militants in Syria so they could target the individuals. The man, 20-ye

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Brent set for steepest weekly fall since Dec

Brent crude held above $116 on Friday ahead of a key US payrolls report, with the benchmark poised for its steepest weekly fall since December due to concerns over the health of the global economy and easing supply disruption fears. The jo

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Gold retreats after 2-week high

Gold edged down on Wednesday after hitting a two-week high in the previous session as upbeat US manufacturing data soothed worries about the economy and dampened hopes of further monetary easing.       Spot gold e

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Brent rises above $125 on Greece debt hopes

Brent crude rose above $125 a barrel on Friday, posting its sixth weekly gain in seven, as Greece successfully closed its bond swap offer for creditors, a key step towards securing an international bailout to avoid a messy default. Prelimi

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Gold slips on better US pay data

Gold prices slipped on Friday, surrendering gains that earlier took the precious metal to an 11-week high, after better-than-expected US payrolls data lifted the dollar and called into question the prospect of further US quantitative easing.

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Brent above $108 on supply worries

Brent crude rose slightly to trade above $108 on Tuesday, supported by supply disruptions in Syria and Iranian naval exercises in a key shipping lane, while improved US home sales data also supported prices.      

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Global stocks rise from 3-week low on US data

World stocks rose on Friday after upbeat US data and corporate results, while concerns over the European banking sector and nervousness about potential ratings downgrades in European sovereign debt underpinned German government bonds. Bund

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Brent at 5-week high on US data, supply fears

Brent crude rose to $120 a barrel for the first time in five weeks, while US oil climbed above $102 a barrel, on better-than-expected data from top consumer US and supply worries triggered by Opec's failure to agree on an output hike.

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Oil falls to $74, key US data eyed

Oil fell to around $74 on Thursday, with markets looking to key US data for the next clues on the state of the economy of the world's biggest oil user, where fuel inventories have swollen to record levels. Front-month US crude for November

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Oil gains for second day despite US data

Oil rose for a second day on Thursday after a five-session losing streak took prices to 11-week lows that investors felt anticipated disappointing US economic and inventory data, rekindling interest on the basis of technical indicators pointing to

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