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Oil prices turn higher in Asian trade SINGAPORE: Oil prices turned higher in Asian trade Tuesday on expectations of upbeat economic data from the United States, the world's biggest economy, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery was up nine cents to $94.66 a barrel in afternoon trade and Brent crude added seven cents to $97.27.WTI climbed $1.03 in US trade Monday, while Brent was up 20 cents ahead of a fresh round of results analysts hope will confirm the US economic recovery is well on track.Phillip Futures said in a market commentary traders were expecting that a key index for the US manufacturing sector to be released Wednesday would be "positive".But it said price gains would be capped by "rising Libyan crude supply and a possible decrease in US crude imports".The US Conference Board is also due to release Tuesday a report on consumer confidence for September, while the US Labor Department's take ...

Japan oil sales fall 9.7pc in August TOKYO: Japan's oil product sales in August fell 9.7 percent from a year earlier, the Ministry of Economy, Trade and Industry (METI) said on Tuesday. Oil product sales in the fourth-biggest importer of crude decreased to 2.91 million barrels per day (14.32 million kilolitres) for the month, the ministry said. Copyright Reuters, 2014 ...
Taiwan stocks drop on Hong Kong protests TAIPEI: Taiwan stocks fell 0.88 percent on Tuesday as pro-democracy protests in Hong Kong continued to roil global markets.As of 0228 GMT, the main TAIEX index was lower 78.42 points at 8,882.34, after closing down 0.32 percent on Monday.Most major subindexes fell with electronics down 0.8 percent and construction lower 1.12 percent.Transportation was the lone standout, rising 0.5 percent.The Taiwan dollar was up T$0.048 at T$30.454 to the US dollar. Copyright Reuters, 2014 ...
Brent crude slips back towards $97, set for third monthly drop TOKYO: Brent crude futures edged back down towards $97 a barrel on Tuesday because of ample supplies, a lacklustre global economy and the strengthening of the dollar to a four-year peak against a basket of major currencies. London Brent for November delivery was trading 9 cents lower at $97.11 a barrel by 0248 GMT, after rising 20 cents on Monday. US crude for November delivery was down 25 cents at $94.32 a barrel. Oil prices ...
Oil prices down in Asian trade SINGAPORE: Oil prices fell in Asian trade Tuesday following a sharp rise the day before while investors await the release of key economic data this week, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery was down 22 cents at $94.35 a barrel and Brent crude dropped 16 cents to $97.04.WTI climbed $1.03 in US trade Monday, while Brent was up 20 cents ahead of a fresh round of results they hope will confirm ...
Middle East Crude-DME Oman flips into premium, strongest in 2 months  SINGAPORE: DME Oman flipped into a premium against Dubai swaps in the Middle East crude market on Monday, the strongest in nearly two months.The grade was traded at a premium as high as $1.60 a barrel, a trader said, before settling at about 65 cents.Robust demand from traders covering shorts before the contract's expiry likely gave it an extra push. Oman has become the most expensive medium-sour grade this month.Separately, Yemen has set the official ...
Asia Pacific crude steady; PTT buys Labuan SINGAPORE: The Asia-Pacific crude market held steady, while regional condensates were supported by demand from new splitters and Brent's narrow gap to Dubai crude, traders said on Monday.All four cargoes of Australia's Northwest Shelf (NWS) condensate were committed with at least three cargoes sold to South Korean buyers as they look to regional grades to benefit from weak Brent prices.Brent-Dubai Exchange of Futures for Swaps (EFS) <DUB-EFS-1M>, or Brent's premium to Dubai swaps, narrowed 10 ...

 



 
Index Closing Chg%
Arrow DJIA 16,804.71 1.40
Arrow Nasdaq 4,422.09 1.59
Arrow S&P 1,946.16 1.32
Arrow FTSE 6,557.52 0.98
Arrow DAX 9,382.03 0.97
Arrow CAC-40 4,365.27 1.15
Arrow Nikkei 16,082.25 0.56
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,567.99 0.23





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln