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September 25, 2017

More disruptions feared from cyber attack Microsoft slams government secrecy

By Dustin Volz and Eric Auchard WASHINGTON/FRANKFURT (Reuters) – Officials around the world scrambled over the past weekend to trap the culprits behind an enormous ransomware earthworm that disrupted operations at vehicle factories, hospitals, shops and schools, while Microsoft (NASDAQ:MSFT) on Sunday pinned blame around the U.S. government because of not disclosing more software vulnerabilities. […]

September 12, 2017

Asian shares mostly gain despite headwinds from China data, Nkorea Asian shares mostly rose on Monday outdoors of Tokyo, japan despite headwinds from the weekend missile test by North Korea and concerns over further spread of ransomware cyberattacks globally. Japan’s benchmark Nikkei 225 fell .12%. The Kospi shrugged off North Korea’s latest missile launch and reversed earlier losses to trade .39% and Australia S&P/AX […]

August 25, 2017

Oil jumps after Saudis, Russia say supply cut to become extended to March 2018

By Henning Gloystein SINGAPORE (Reuters) – Oil prices leaped on Monday following the energy ministers of top producers Saudi Arabia and Russia jointly stated that the OPEC-brought crude production cut could be extended from the center of this season until March 2018. Brent crude what food was in $51.66 per barrel at 0410 GMT, up […]

August 12, 2017

Oil Futures – Weekly Outlook: May 15 – 19 – Oil futures settled nearly flat on Friday, but nonetheless registered the very first weekly grow in per month around the likelihood that key crude producers will extend output cuts beyond an agreed-on June deadline once they meet later this month. The U.S. West Texas Intermediate crude June contract ticked up 1 cent to […]

July 29, 2017

A Few Days Ahead: 5 Items to Watch around the Economic Calendar – Key U.S. economic data within the week ahead could provide further evidence when the world’s largest economy is powerful enough to resist an interest rate hike as soon as the following month, using the Empire Condition and Philly Given manufacturing surveys in focus. Meanwhile, China would be to release industrial production data among […]

July 13, 2017

Asia stocks shrug off cyber attack, North Korea threat hitting two-year high

By Nichola Saminather SINGAPORE (Reuters) – Resilient Asian stocks edged up to and including two-year at the top of Monday, trembling off threats from with a ransomware attack that locked some 200,000 computers in additional than 150 countries in the weekend, a missile test by North Korea, and weak U.S. data. Oil prices leaped after […]

June 27, 2017

Saudi Arabia, Russia agree oil output cuts until March 2018

By Chen Aizhu BEIJING (Reuters) – Saudi Arabia and Russia, the world’s two top oil producers, agreed on Monday to extend oil output cuts for a further nine months until March 2018 in a bid to erode a global crude glut, pushing up prices. The timing of the announcement ahead of OPEC’s next official meeting […]

June 14, 2017

A holiday in greece cuts 2017 growth forecast

ATHENS (Reuters) – A holiday in greece cut its 2017 growth forecast to at least one.8 percent from 2.7 %, based on a mid-term budget plan unveiled late on Saturday, driven by uncertainty brought on by delays in concluding the most recent overview of bailout reforms. A holiday in greece and it is foreign creditors […]

May 28, 2017

Oil soars in Asia on Saudi, Russian comments on crude cut extension – Crude prices rallied dramatically after Saudi Arabia and Russia stated they decided on the necessity to extend output cuts into March the coming year and despite less strong than seen China industrial output for April so that as North Korea rattled markets having a statement its latest missile test in the weekend was […]