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TOKYO: Asian shares rose on Thursday, as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.

SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.

SINGAPORE: Gold slipped more than half a percent on Thursday after equities rose and the euro ticked up on optimism over tentative steps by European policy makers to resolve and limit the region's debt crisis.

NEW YORK:U.S. crude surged to its highest level in more than two months on Monday, outpacing gains in Brent, as volatile trade in key spreads stole the limelight from upbeat Chinese data and optimism over the euro zone.