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Oil down as Obama seeks Congress approval on Syria

Source: Geo News | 02-09-2013

SINGAPORE: Oil prices fell in Asian trade Monday after US President Barack Obama's announcement that he would seek approval from

lawmakers for military action against Syria eased prospects of an imminent strike, analysts said.

New York's main contract, West Texas Intermediate for delivery in October, was down $1.47 to $106.18 a barrel in mid-morning trade, while Brent North Sea crude for October fell $1.15 to $112.86.

Dollar mostly higher despite weak US home sales data

Source: GeoNews | 22-02-2014

The dollar slipped against the euro but gained against other major currencies Friday as investors appeared to shrug off another disappointing report on the US housing market. The euro traded at $1.3734 around 2300 GMT, up from $1.3721 late Thursday.The dollar rose to 102.49 yen from 102.30 yen. The euro also advanced against the Japanese currency, to 1..... Read more

Kishanganga dam: Legal battle far from over

Source: Tribune | 01-04-2013

Although the International Court of Arbitration (ICA) has already announced its partial award on the controversial Kishanganga dam, the festering dispute is far from over. Pakistan and India may soon enter a new legal battle if New Delhi doesn’t change the design of the hydropower project being built on the Neelum-Jehlum river in the disputed Himala..... Read more

Dollar moves narrowly ahead of Yellen testimony

Source: Geo News | 27-02-2014

The dollar was stuck in a tight range on Thursday as investors sit on the sidelines before the head of the US Federal Reserve gives testimony to senators later in the day. The greenback was quoted at 102.38 yen in Tokyo, unchanged from New York late Wednesday, while the euro was at $1.3686 and 140.10 yen from $1.3683 and 140.11 yen. Janet Yellen´..... Read more

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