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Last Updated : GMT 05:17:37
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Energy firms

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Energy firms

Asia markets down as energy firms hit by oil rout, dollar rises

Emiratesvoice, emirates voice Asia markets down as energy firms hit by oil rout, dollar rises248920/87
Hong Kong - AFP
Energy firms led a broad sell-off in Asian markets Thursday following a five percent plunge in oil prices, but the dollar held on to gains after a surprisingly strong US jobs report. Wall Street suffered another loss after a closely watched report showed a shock surge in US oil inventories that rekindled worries about a global supply glut that hasRead more

Tokyo Stocks Fall as Yen Recovers

Emiratesvoice, emirates voice Tokyo Stocks Fall as Yen Recovers210146/87
Tokyo - QNA
Tokyo stocks closed lower on Wednesday, with the benchmark index slipping off a one-month high as exporters sagged on a pick-up in the yen while a dip in oil prices hit energy firms.     The Nikkei 225 index dropped 1.09 per cent, or 184.76 points, to end at 16,840.00. The broader Topix index of all first-section issues was down 1.03%,Read more

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