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  • *Brent near $65 a barrel, U.S. crude near $60. U.S. crude inventories likely fell for a sixth straight week in the week ended June 5, data from industry group American Petroleum Institute is expected to show later on Tuesday before official numbers on Wednesday from the government's Energy Information Administration. Brent futures were up $2, or 3.2 percent, at...

  • LONDON, June 9- Oil prices rose above $64 a barrel on Tuesday as higher seasonal demand in developed economies and expectations of falling U.S. shale production reduced the impact of a large global supply overhang. Brent for July delivery was up $1.67 at $64.36 a barrel at 1139 GMT, having settled down 62 cents in the previous session. Demand for oil tends to...

  • SEOUL/ HONG KONG, June 9- Hong Kong issued a "red alert" advisory on Tuesday against non-essential travel to South Korea, where eight new cases of Middle East Respiratory Syndrome were reported, bringing the total to 95 with seven fatalities. "At this stage, to issue a clear message is something the Hong Kong government thinks is necessary," Hong Kong's number two...

  • *As OPEC keeps output level, eyes on Iraq, Iran supply- analysts. Brent for July delivery was up 95 cents to $63.64 a barrel as of 0846 GMT, having settled down 62 cents in the previous session. Demand for oil tends to increase in the summer months as drivers take to the roads for holidays in Europe and the United States.

  • *China's May consumer inflation weakens more than expected. *As OPEC keeps output level, eyes on Iraq, Iran supply- analysts. Brent for July delivery was up 95 cents to $63.64 a barrel as of 0846 GMT, having settled down 62 cents in the previous session.

  • SEOUL/ HONG KONG, June 9- Hong Kong issued a "red alert" advisory on Tuesday against non-essential travel to South Korea, where eight new cases of Middle East Respiratory Syndrome were reported bringing the total to 95 with seven fatalities. "At this stage, to issue a clear message is something the Hong Kong government thinks is necessary," Hong Kong's number two...

  • HONG KONG/ SEOUL, June 9- British retailer Tesco Plc has invited at least six firms including KKR& Co and Carlyle Group to bid for its South Korean unit Homeplus, valued at about $6 billion, people familiar with the matter told Reuters. If sold to private equity for $6 billion- which the sources say represents the equity value of Homeplus- the sale would be Asia's...

  • SEOUL/ HONG KONG, June 9- Hong Kong said on Tuesday it would issue a red alert against non-essential travel to South Korea where eight new cases of Middle East Respiratory Syndrome were reported, bringing the total to 95 with seven fatalities. On Monday, Hong Kong upgraded its response to the outbreak in South Korea to "serious". The WHO has not recommended any curb on...

  • SEOUL, June 9- South Korea's health ministry said on Tuesday there were eight new cases of Middle East Respiratory Syndrome, bringing the total to 95 but representing a sharp fall in the number of daily new cases from 23 reported a day earlier. Hong Kong has upgraded its response to the outbreak in South Korea, where concerns are growing about the economic impact of...

  • SEOUL, June 8- Hong Kong upgraded to "serious" on Monday its response to an outbreak of Middle East Respiratory Syndrome in South Korea, where the number of cases jumped and fears grew about the economic impact of the disease. South Korean President Park Geun-hye said the progress of MERS, which has been spreading in South Korea since last month when a businessman...

  • SEOUL, June 8- South Korea reported a jump in cases of Middle East Respiratory Syndrome on Monday and local officials ordered the closure of nearly 2,000 schools nationwide, while an 80- year-old man became the sixth fatality from the outbreak. Singapore postponed or cancelled all school trips to the country, although the head of the World Health Organization...

  • *IMF official calls for continued communication from Fed. SEOUL, June 8- The International Monetary Fund's deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. "The risk is once market sentiment shifts- possibly triggered by normalisation- yields could sharply increase and capital flows could reverse,"...

  • SEOUL, June 8- South Korean authorities will track the cellphones of more than 2,300 people under quarantine to prevent the spread of Middle East Respiratory Syndrome as the Health Ministry on Monday reported 23 new infections, bringing the total to 87.. South Korea now has the second highest number of infections in the world after Saudi Arabia, according to...

  • SEOUL, June 8- South Korea confirmed 23 more cases of the Middle East Respiratory Syndrome virus, the country's health ministry said on Monday, bringing the total to 87 in the country of the often-deadly illness. Seventeen of the new cases come from the same Seoul hospital emergency room where the country's first patient remained before being confirmed...

  • SEOUL, June 7- South Korean authorities will track the cellphones of hundreds of people under quarantine to prevent the spread of Middle East Respiratory Syndrome and reported a fifth death in the outbreak, with the number of infections rising to 64.. It reported 14 confirmed new cases of MERS, adding to the largest number outside of the Middle East.

  • SEOUL, June 7- South Korean authorities will track the cellphones of hundreds of people under quarantine to prevent the spread of Middle East Respiratory Syndrome and reported a fifth death in the outbreak, with the number of infections rising to 64.. It reported 14 confirmed new cases of MERS, adding to the largest number outside of the Middle East.

  • SEOUL, June 5- An outbreak of a deadly respiratory disease in South Korea could hurt consumer spending and tourism and is ramping up the pressure on the nation's central bank to cut interest rates as early as next week, a central bank source said. With four deaths and 41 cases, the spread of MERS in South Korea is the worst outbreak outside of the Middle East- forcing...

  • Diesel founder Renzo Rosso, chairman and main shareholder of Maison Margiela's parent OTB group, said sales were already up 20 percent at the fashion house even though only a few of Galliano's pieces had so far reached the shelves. Galliano, widely hailed as one of the most talented designers of his generation, fell from grace in 2011 after a video went viral of him...

  • *Hyundai too reliant on sedans amid boom for SUVs. SEOUL, June 2- Hyundai Motor Co shares slid 10 percent to their lowest levels in nearly five years on Tuesday, after sharp declines in shipments underscored a heavy reliance on sedans that have failed to woo customers despite aggressive sales promotions. The dismal performance underscores how Hyundai has lost...

  • LONDON/ SYDNEY, June 1- Manufacturing activity showed scant sign of picking up across Europe and Asia in May as demand stayed stubbornly weak, highlighting the need for central banks to continue supporting growth. The gloomy business surveys come a little less than three months after the European Central Bank embarked on a 1 trillion-euro stimulus program and...