Commodity-related stocks in Asia and the Australian dollar rose for a third straight day on Thursday as oil prices extended gains, keeping a rising trend in raw materials prices intact. U.S. Treasuries
Falling U.S. inventories drove oil to a seven-month high above $71 a barrel on Wednesday, while dollar weakness and sentiment the economy has begun to stabilise also spurred industrial metals higher. The
Russia will reduce the share of U.S. treasuries in its forex reserves, the world's third-largest, a senior central bank official said on Wednesday, driving the dollar broadly lower. Russia holds about 30
British industrial output rose for the first time in over a year in April after a jump in oil and pharmaceuticals production, raising the prospect that the economy could already be out
Japanese machinery orders unexpectedly fell in April and French industrial output dropped too, data showed on Wednesday, suggesting world economies have more choppy waters to navigate before heading into recovery. Global economic
European stocks rose in early trade on Wednesday, with banks leading on news that top U.S. banks have been cleared to repay state aid and oil majors boosted by a jump in
British industrial output rose unexpectedly in April for the first time since February 2008, official data showed on Wednesday. The Office for National Statistics said industrial output rose 0.3 percent on the
Stronger commodity prices lifted heavyweight mining and energy stocks on Wednesday, helping Britain's top share index to gain 1.5 percent in early trade. By 0738 GMT the FTSE 100 was up 63.93
Asian shares rallied on Wednesday as reports of stronger-than-expected industrial output in China raised optimism about the global economy, lifting metals and oil prices at or near multi-month highs. Gains in shares
World stocks rose for a second day in a row on Wednesday as improving economic data in Asia and a weak dollar pushed oil to a fresh 7-month high above $71 a
