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Oil prices rebound from 12-year lows

Oil prices rebounded from 12-year lows in Asia today but the China-triggered global stock market turmoil and crude oversupply kept investors on edge.

oil prices News

Fears for world economy wreak carnage on stocks, oil

World stock markets tumbled and oil plumbed new depths today as investors feared for the global economy on signs of a dramatic slowdown in powerhouse China.

Markets News

Barack Obama promises unorthodox State of the Union address

US President Barack Obama has promised his final State of the Union address next week will focus on issues "beyond the next election" and skip the traditional list of the year's legislative goals.

Barack Obama promises unorthodox State of the Union address

Oil extends losses, nears USD 33 a barrel

Oil prices plunged close to USD 33 a barrel today as crude extended losses on rising US energy stockpiles and China's weakening currency.

Crude oil News

Chinese stock markets suspended for day after shares fall 7%

China stock markets closed for the day less than half an hour after opening today when shares fell more than seven per cent, triggering an automatic "circuit breaker".

china stock market News

Brent oil slumps under $35 for first time since 2004

Brent oil prices tumbled today underneath USD 35 for the first time in 11 years, plagued by abundant oversupply and amid the ongoing row between key producers Iran and Saudi Arabia.

Oil prices, oil prices today, oil prices falling, oil prices news, oil prices decline, oil prices drop, Wall Street bank, Gulf, Brent, US crude oil News

Saudi Arabia-Iran crisis widens as Kuwait recalls envoy

The diplomatic crisis surrounding Saudi Arabia and Iran widened today as Kuwait recalled its ambassador to Tehran and Bahrain severed air links in the face of growing international concern.

Saudi Arabia-Iran crisis widens as Kuwait recalls envoy

Dutch expert says vindicated by probe into Malaysia Airlines MH17 photos

A Dutch forensics expert who worked on the Malaysia Airlines MH17 air disaster demanded a ministerial apology today saying a police probe has cleared him of any wrong-doing in showing medical students photos of the dead.

Dutch expert says vindicated by probe into Malaysia Airlines MH17 photos

Indonesian passengers stung by delay due to bee on plane

A bee delayed an Indonesian passenger plane for four hours after getting stuck in vital equipment and causing a problem with the aircraft's controls, the airline said today...

Indonesian passengers stung by delay due to bee on plane

British astronaut’s first spacewalk set for Jan 15

Tim Peake, the first British astronaut to travel to the International Space Station, is poised to embark on his first spacewalk January 15, global space agencies announced today.

British astronaut’s first spacewalk set for Jan 15

North Korea says conducted ‘successful’ hydrogen bomb test

North Korea announced today it had successfully carried out its first hydrogen bomb test, a development that, if confirmed, would marking a stunning step forward in its nuclear development.

HYDROGEN BOMB News

North Korea quake possible ‘nuclear test’: Japan

The Japanese government said today that an earthquake recorded in North Korea might have been caused by a nuclear test.

North Korea quake possible ‘nuclear test’: Japan

US sues Volkswagen for $20 bn over emissions cheating

The US government sued Volkswagen for installing equipment on nearly 600,000 diesel cars that intentionally subverted clean-air regulations, resulting in excess harmful emissions.

volkswagen News

China stocks end down as economy worries persist

Volatility shook Chinese stock markets today, as the Shanghai index dropped more than three percent on concerns over slowing growth before erasing most of the losses, a day after authorities halted trading to arrest falling p

china stock market News

Oil prices rebound in Asia as Saudi-Iran row deepens

Oil prices rebounded in Asia today as a diplomatic row between Saudi Arabia and Iran deepened, but a global crude supply glut and economic weakness in China are keeping any increases in check.

oil prices News

Japan sushi boss pays USD 117,000 for endangered tuna

A Japanese sushi boss paid more than USD 117,000 today for a giant bluefin tuna as Tokyo's Tsukiji fish market held its last New Year auction ahead of a much-needed modernisation move.

tuna fish News

Saudi cutting ties will not distract from big mistake: Iran

Saudi Arabia's decision to cut ties with Iran after attacks on the kingdom's diplomatic missions in the Islamic Republic will not distract from Riyadh's "big mistake" of executing a top Shiite cleric, a senior Iranian officia

Saudi cutting ties will not distract from big mistake: Iran

Saudi cutting ties will not distract from big mistake: Iran

Saudi Arabia's decision to cut ties with Iran after attacks on the kingdom's diplomatic missions in the Islamic Republic will not distract from Riyadh's "big mistake" of executing a top Shiite cleric, a senior Iranian officia

Saudi cutting ties will not distract from big mistake: Iran

World welcomes New Year despite terror fears

Millions of people around the world welcomed in the New Year on high security alert, with Munich stations evacuated over an imminent terror threat and fireworks cancelled in Paris and Brussels, while a huge fire ripped throug

World News

Huge fire erupts at Dubai hotel ahead of New Year celebrations

A huge fire ripped through a luxury Dubai hotel today near the world's tallest tower, where people were gathering to watch New Year's Eve celebrations, police said.

Huge fire erupts at Dubai hotel ahead of New Year celebrations

Freak heatwave pushes winter North Pole above freezing – 20 degrees C above norm

Temperatures at the North Pole rose above freezing point, 20 degrees Celsius above the mid- winter norm and the latest abnormality in season of extreme weather events.

Freak heatwave pushes winter North Pole above freezing – 20 degrees C above norm

Barcelona want more trophies in 2016: Lionel Messi

Four-time World Player of the Year Lionel Messi has warned Barcelona's rivals that the European champions are determined to match their five-trophy haul from 2015 in the coming year.

Barcelona want more trophies in 2016: Lionel Messi

Stung by low oil prices, Saudi Arabia makes unprecedented cuts

Long accustomed to cheap utilities and some of the lowest petrol prices in the world, Saudis woke to a shock today as authorities made massive subsidy cuts after falling oil prices caused a record deficit.

Stung by low oil prices, Saudi Arabia makes unprecedented cuts

Stoke expose Louis Van Gaal, Long dents Arsenal bid

Manchester United manager Louis van Gaal's future was plunged into serious doubt as his side lost at Stoke City, while title-chasing Arsenal crashed to a demoralising 4-0 defeat at Southampton.

Stoke expose Louis Van Gaal, Long dents Arsenal bid

I could quit Manchester United, says embattled Louis Van Gaal

Louis van Gaal said that he could jump before he is pushed after his position as Manchester United manager became even more precarious following a fourth successive defeat.

I could quit Manchester United, says embattled Louis Van Gaal

Strong 6.2 magnitude earthquake rocks northeast Afghanistan: USGS

A 6.2-magnitude earthquake struck northeast Afghanistan around midnight near the country's borders with Pakistan and Tajikistan, according to the US Geological Survey.

Strong 6.2 magnitude earthquake rocks northeast Afghanistan: USGS

Solar Impulse 2 ready to fly again by April 20: spokeswoman

The sun-powered plane Solar Impulse 2, grounded in Hawaii since the summer for repairs, will be ready to fly again by April 20, the project's spokeswoman said today.

Solar Impulse 2 ready to fly again by April 20: spokeswoman
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