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Riffat Mughal

Brent stays above $110, boosted by Mideast tensions, Europe bailout - 0 views

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    SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.
Riffat Mughal

Asian shares fall on caution over euro zone bailout progress - 0 views

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    TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Riffat Mughal

Gold ticks higher; heads for worst month since Oct '08 - 0 views

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    SINGAPORE: Gold jumped more than 1 percent on Friday after Germany approved the expansion of the euro zone bailout fund, offering temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
Riffat Mughal

Brent below $111 on demand target cut, euro zone woes - 0 views

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    SINGAPORE: Brent crude fell on Wednesday, snapping five days of gains, after OPEC cut its global oil demand forecast and plans for greater powers for a euro zone bailout fund hit a snag, rattling investor confidence.
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