China's Shanghai Composite index finished in negative turf late Wednesday, as investor confidence remained frail.» Read More
Mining giant BHP Billiton posted an 86 percent fall in its full year profit in the face of a painful commodity price rout.
Aug 25- Chilean copper miner Antofagasta Plc is targeting savings of about $160 million this year and said its capital spending will probably be below forecast, as sliding metal prices hit its first-half earnings. Like its peers, London- listed Antofagasta is battling a slide in commodity prices driven by slowing growth in China, the world's top consumer of...
“Mad Money” host Jim Cramer’s on what the Fed must do next.
Jim Cramer goes over the three things that must happen in order for this market to end its gloom and resume its sunny rally days.
NEW ORLEANS— The latest on the federal oil lease sale Wednesday in the western Gulf of Mexico, off the Texas coast. Exploration president David Rainey says in an email from London, "In BHP Billiton, we believe that the Gulf of Mexico has significant remaining resource to be found." Federal and trade group officials say there's still interest in Gulf of Mexico oil and...
NEW ORLEANS— The smallest oil lease sale ever in the western Gulf of Mexico and one of the smallest in the entire Gulf brought only five bidders Wednesday, with low oil prices limiting interest in the prospects. Officials had expected interest to be down from last year because oil prices are so low, said Mike Celata, acting regional director for the Bureau of Ocean...
The Commerce Department's approval came as momentum for exports has been growing on Capitol Hill, where a bill to reverse the ban will be debated on the Senate floor after the August recess. Congress passed the export ban after the 1970 s Arab oil embargo led to snaking lines at gas stations and fears of a global energy shortage. January 2014- Senator Lisa...
Asian stocks mostly erased losses to rise on Thursday, after a closely-watched press conference from the People's Bank of China.
Asian shares traded mixed on Tuesday, as a stabilization in energy prices calmed disappointment triggered by U.S. and Chinese manufacturing data.
Asian stocks stumbled on Monday, as falling energy prices and disappointing manufacturing data out of China ignited "risk-off" sentiment.
Asian shares turned mixed late Thursday, as mainland equity markets fell sharply in the afternoon session.
Chinese stocks rebounded on Wednesday, taking the lead in a broader recovery in Asian markets.
Chinese stocks led the sell-off in Asia on Monday, as the fall in commodity prices, questionable growth in the mainland sapped risk appetite.
Mainland stocks outperformed on Thursday, while the rest of Asia traded mixed following a weaker U.S. finish and lackluster data.
Asian stock markets outside Shanghai stumbled on Wednesday, hurt by lackluster earnings on Wall Street and the fall in commodity prices.
Asian stocks advanced on Tuesday, but gains were limited as traders kept a wary eye on the drop in commodity prices.
Asian shares traded mixed on the first trading day of the week due to weak global cues and as commodity prices took another tumble.
China, weak oil hit commodity stocks
A slide in Chinese stocks that undermines consumer confidence could also hurt Western firms exposed to the world's second-biggest economy.
Asian stock markets ended Friday on a positive note as fears surrounding China and Greece eased.