Wednesday, November 26, 2014
The Organization of Petroleum Exporting Countries' (OPEC) biggest crude producer Saudi Arabia will have its sights set on the upstart U.S. shale oil business at a crucial cartel meeting to debate possible output cuts on Thursday.
The United States is keen to expand trade with India, a U.S. official said Monday, after the two countries settled a bitter row over food subsidies and U.S. President Barack Obama announced he would visit in January.
Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said Tuesday.
Ghana on Monday accepted a bid from Italian oil major Eni to develop its offshore oil and gas resources, part of an effort to boost the West African nation's nascent energy sector, officials said.
Struggling Sony warned Thursday it needs to carry out years of root and branch reform before it can turn around its battered smartphone arm.
Two senior U.S. senators called on embattled Japanese auto parts maker Takata on Monday to furnish them with 14 years of extensive records and data on the company's faulty airbags.
Policymakers were sharply divided over expanding the Bank of Japan's (BOJ) huge monetary easing plan last month, with opponents warning that the risks far outweighed any benefits, minutes from the meeting showed Tuesday.
Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded while European markets were higher as investors awaited economic data.
The yen rose in Asia on Tuesday after the head of the Bank of Japan (BOJ) indicated concern about the negative impact of its recent weakness on the country's struggling economy.
Oil prices were mixed in Asia Tuesday as dealers bet that the OPEC cartel is unlikely to agree on any cuts at a key output meeting this week, analysts said.