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Asian Stock Markets Down Again, China Cuts

added: 17-09-2008

Asian markets were hit again by nervousness over the Lehman Brothers collapse and question marks over the health of other big names on Wall Street.

Asia: High Oil Prices will Temper Growth

added: 17-09-2008

Developing Asia will face a prolonged period of high and volatile oil prices that will temper growth and force governments around the region to make painful adjustments to policy to encourage increased energy efficiency among consumers, the Asian Development Bank (ADB) says in a new major report.

World Markets Weaken After Lehman Brothers Failure

added: 16-09-2008

The Lehman Brothers collapse saw shares in America and Europe plunge after a smaller than expected fall in Asia-Pacific shares yesterday was tempered by Japan, China and South Korea being closed for a holiday.

Commodities Prices: Oil Under $US100 A Barrel

added: 15-09-2008

It sounds like more of the same from the past few weeks: sharemarkets rattled, financial stocks rattled and commodities on the slide. Well, it was up till Friday when it suddenly became a very different story. And this morning, a switchback, with oil under the $US100 a barrel mark in New York trading early today as damage from Hurricane Ike wasn't as bad as feared.

Australia Commodities: 2007-08 Was a Record Year for Mining Exports

added: 12-09-2008

Yes, 2007-08 was a record year for mining and mining exports, but the sinking Australian dollar has thrown in a big spanner into prospects for 2009.

Another Big Loss For Lehman Brothers

added: 11-09-2008

Struggling US investment bank, Lehman Brothers says its third quarter loss will be a much worse than expected $US3.9 billion ($A4.87 billion).

OPEC Cuts, Australian Dollar Falls

added: 11-09-2008

World oil prices jumped and the weakening Australian dollar steadied after OPEC revealed a surprise cut in its production of 520,000 barrels of oil a day.

August OPEC Oil Output Up 40,000 b/d to 32.81 million b/d

added: 10-09-2008

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.81 million barrels per day (b/d) of crude oil in August, a Platts survey of OPEC and oil industry officials showed September 9. This is 40,000 b/d higher than the July production of 32.77 million b/d.

World Markets Down/ Lehman To Report Early

added: 10-09-2008

The struggling US investment bank, Lehman Bros has brought forward its third quarter financial statement by a week, and has promised also to detail new capital initiatives after its shares sank 45% on Wall Street overnight.

Markets Up On Fannie/Freddie Salvation

added: 09-09-2008

Markets thought the world was saved; judging by the size of the rebounds in the past day after the saving of America's imploding mortgage giants, Fannie Mae and Freddie Mac.

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