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Asia stocks rise on fading Fed hike prospectAsian stocks rose early on Monday after the prospect of an imminent interest rate hike by the Federal Reserve faded after Friday's weaker-than-expected US employment data. US stock indexes jumped over 1 per cent on Friday as w More… |
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Brent falls below $118 ahead of US jobs dataBrent crude dipped below $118 on Friday, after sharp gains a day earlier prompted investors to book profits ahead of a key US jobs report that will provide insight into the pace of economic recovery of the world's biggest oil consumer. More… |
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Dollar claws up from six-week lowThe dollar edged up from a six-week low against the yen on Monday as Japanese investors stepped in to buy after its slide late last week on poor US jobs data that bolstered expectations for an aggressive Fed rate cut. The dollar also stage More… |
