Asian stock markets moved off session highs on Friday to end mixed with the Nikkei leading gains by 1.4 percent after its stunning 5 percent dive in the previous session. Sentiment improved after latest U.S. data eased concerns of an early end to the Federal Reserve's bond-buying program.» Read More
RIO DE JANEIRO, May 14- Brazil's first auction for oil and gas rights in five years attracted a record amount of money on Tuesday, alleviating fears that government intervention and growth in new global supplies might dampen enthusiasm for the country's oil sector.
RIO DE JANEIRO, May 14- Global energy companies were strong bidders on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm for the South American country's oil sector.
RIO DE JANEIRO, May 14- Global energy companies showed strong interest early on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm over the South American country's oil sector.
RIO DE JANEIRO, May 14- Brazil on Tuesday kicked off its first auction for oil and natural gas rights in five years, gauging whether government intervention and growth in new global supplies have crimped the interest that followed discoveries of huge offshore reserves in 2007..
Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.
The declaration that the commodities boom is dead has yet to fully hit home, and we should be fearful of what that means for money still invested on a false promise.
Asian stocks reversed earlier losses on Friday led by a 2 percent rally in Shanghai as investors cheered news that the yuan's trading band may be widened, which offset bearish sentiment triggered by weak U.S economic data.
Russia is a prime investment location because of its massive natural resources, Ivan Glasenberg, the CEO of commodity trader Glencore said on Thursday.
Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.
Asian markets eased off their lows to close mixed on Tuesday after comments from the Eurogroup president about using the Cypriot "bail-in" as a template for future deals spooked investors while Shanghai shares led losses over liquidity fears.
Asian stocks were under pressure on Wednesday as concerns rose if a bailout deal was still possible for Cyprus while Greater Chinese shares ignored the news to outperform the market as attention turned to domestic issues.
Extreme bearish forecasts for iron ore prices to drop to as low as $70 a metric ton are an overreaction to the oversupply situation in the sector, said the CEO of the world's fourth largest iron ore producer.
Nev Power, CEO of Fortescue Metals tells CNBC why doesn't expect a drastic increase in new iron-ore supplies. He thinks prices will stay up in the long-term on stabilizing Chinese demand.
Patrick Noble, Senior Investment Specialist at Zurich Australia tells CNBC why small caps are his pick of the moment.
Risk assets fell across the board on Monday as Asian markets saw a massive sell-off after a weekend decision by the euro zone to force depositors in Cyprus to contribute towards a bailout sparked concerns of contagion across other peripheral countries.
WINNIPEG, Manitoba, March 17- Two of the world's biggest uranium miners, Rio Tinto PLC and Areva SA, are pressing Canada to change a Cold War era policy that curbs foreign ownership of uranium mines.
Asian markets eased off session lows to turn mixed on Thursday on concerns over domestic factors but optimism over monetary stimulus led Japan's Nikkei to snap a two-day losing streak.
Tokyo and Sydney stocks jumped to new multi-year highs on Monday, lifted by Friday's stronger-than-expected U.S. jobs data, while other Asian markets lost ground as mixed economic data from China weighed on sentiment.
Asian shares were mixed on Thursday as investors shrugged off overnight gains in the U.S and turned attention to central bank meetings in Europe. Japan's Nikkei came off a four-and-a-half-year high but held onto most of its gains amid expectations for aggressive monetary easing.
Asian shares hit fresh highs on Wednesday, extending the previous day's rally after a record close for the Dow Jones stock index on upbeat U.S. economic news gave risk appetite a further boost.