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Oil prices down in Asia

Source: GEO News | 04-06-2013

SINGAPORE: Oil prices fell in Asian trade Tuesday as data showing weak manufacturing activity in China suggested growth in the world's second largest economy was slowing.

New York's main contract, light sweet crude for delivery in July dropped 34

cents to $93.11 a barrel and Brent North Sea crude for July delivery shed four cents to $102.02.

Asian shares mixed

Source: Dunya News | 02-01-2014

Asian share markets began the new year mixed on Thursday, with another record-breaking close on Wall Street offset by a slowdown in Chinese manufacturing growth. Trading across the region was quiet after the break. The dollar held on to its recent gains against the yen, sitting just below five-year highs. Sydney added 0.29 percent, or 15.7 points, to 5..... Read more

Dollar rises in Asia after mixed US data

Source: Dunya News | 09-01-2014

The dollar rose in Asia Tuesday following a mixed set of US economic data, as investors await key jobs figures later in the week and ahead of the release of minutes from the Federal Reserve s latest policy meeting. The greenback fetched 104.46 yen in afternoon Tokyo trade, up from 104.19 yen but still off the five-year high of 105.41 yen touched last week..... Read more

Chalco 2012 suffers big net loss

Source: Aaj News | 28-03-2013

Aluminum Corp of China Ltd (Chalco) , the country’s top aluminium maker, posted a worse-than-expected net loss of 8.2 billion yuan ($1.3 billion)for 2012 on Wednesday, as it faced low aluminium prices and rising costs. Chalco had warned of a full-year loss in January in a statement to the Shanghai Stock ExchangeThe loss was far deeper than an aver..... Read more

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