Energy Industry

Sep 19, 2016

Damage to Great Barrier Reef costs ship owner $30 million

The Australian government says it has reached a 39.3 million Australian dollar ($29.6 million) settlement with the owners of a Chinese coal carrier to pay for environmental damage caused when the ship ran aground on the Great Barrier Reef six year ago


Asian markets lower after Wall Street decline
Sep 15, 2016

Asian markets lower after Wall Street decline

Asian stock markets were mostly lower Thursday following Wall Street's decline in light trading with exchanges in China and Korea closed for holidays


Sep 7, 2016

Asian stocks drift as Fed rate outlook eases on service data

Asian stocks meandered Wednesday after a weak report on U.S. service companies reinforced expectations that the Fed won't move anytime soon to raise interest rates


Sep 6, 2016

Stocks mostly rise as attention turns to central banks

Global stocks mostly rose on Tuesday amid expectations for more stimulus from central banks in Europe and Japan


Sep 6, 2016

Asian shares edge higher in dull trading as US takes holiday

Asian shares were mixed in quiet trading on Tuesday after U.S. markets were closed for the Labor Day holiday


Sep 2, 2016

Asian stock markets muted ahead of key US job report

Asian markets were listless Friday as investors awaited key U.S. job data that could influence the Fed's interest rate policy


Sep 1, 2016

Britain's May hopes to assure Chinese over nuclear plant

On her first visit to China as Britain's new prime minister, Theresa May will seek to reassure Beijing that she wants to strengthen ties despite a delay on a decision over whether to approve a Chinese-backed nuclear power plant in southern England


Aug 24, 2016

Stocks lackluster, oil drops ahead of Fed chair's speech

Global stock markets were subdued and the price of oil fell Wednesday as investors awaited fresh cues from the U.S. Federal Reserve on the outlook for interest rates in the world's largest economy


Aug 24, 2016

Asian stocks meander, dollar up on North Korea's missile

Asian stocks meandered Wednesday as investors awaited fresh cues from Federal Reserve on the outlook for interest rates


Aug 23, 2016

Stocks rise on upbeat data, investors await Fed speech

European stock markets rose on solid economic data Tuesday while investors in Asia largely stayed on the sidelines ahead of a widely anticipated speech by the Fed chief


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