Asian shares slip on worries about global recovery; eyes on U.S. fiscal stimulus

Asian shares slipped on Monday on fears the global economy may sputter for a while due to a resurgence of coronavirus infections in Europe, while fading hopes for U.S. fiscal stimulus also weighed. The gloom spread to early European trade with pan...

Oil jumps as the hurricane hits U.S. output while crude stocks decline

Oil prices rose for a second day on Wednesday, gaining more than 2%, as a hurricane closed U.S. offshore oil and gas production and an industry report showed U.S. crude inventories decreased. Brent crude LCOc1 rose 85 cents, or 2.1%, to $41.38 a...

Asian stocks head higher on China data, markets eye Fed meeting

Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. Chinese blue chips added 0.4% .CSI300, buoyed by data showing China’s industrial output...

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