KUWAIT CITY: Oil prices are expected to stay between $ 100 and $ 115 a barrel until mid-year, barring “surprises and geopolitical changes,” Kuwait’s Oil Minister Mohammad al-Basseri said on Monday. Channel NewsAsia Business News
SYDNEY: Asia’s richest woman, Australian mining magnate Gina Rinehart, threatened to axe her children’s ransom insurance as a bitter legal dispute raged over a family trust, according to reports. Channel NewsAsia Business News
BEIJING: China’s airlines are banned from paying charges on carbon emissions imposed by the European Union, the official Xinhua news agency reported Monday, quoting the Civil Aviation Administration of China. Channel NewsAsia Business News
FRANKFURT: The European Central Bank, after two rate cuts and a series of unprecedented liquidity measures, will hold its fire this month, as it assesses the impact of those previous measures, analysts say. Channel NewsAsia Business News
NEW DELHI: Indian cricket was hit by a major crisis on Saturday when the long-time sponsor of the national team pulled out over its differences with the Board of Control for Cricket in India. Channel NewsAsia Business News
NEW YORK: A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recovery. Channel NewsAsia Business News
SHANGHAI: State-owned PetroChina said it has agreed to take a 20 percent stake in a Canadian shale gas project owned by Royal Dutch Shell, China’s latest acquisition of North American natural resources. Channel NewsAsia Business News
NEW YORK: The dollar edged up against major currencies in quiet trade on Thursday, ahead of the release of monthly jobs data for January. Channel NewsAsia Business News
NEW YORK: Deutsche Boerse and NYSE Euronext cancelled their mega-merger on Thursday after European regulators vetoed the deal. Channel NewsAsia Business News
HONG KONG : Asian markets rose on Thursday as upbeat manufacturing data from across the globe lifted spirits, while traders were also confident Greece would soon reach a deal with creditors to slash its debt. Channel NewsAsia Business News