Oil extends losses on rising US stockpiles

Note: This section contains information in English only.
Source: CNBC
Crude futures dipped further on Thursday following the decline in previous sessions, as the unexpected growth of the US oil inventories reinforced fears of global supply glut. WTI futures dropped 0.7% to $40.98 per barrel, while contracts for Brent crude fell 0.59% to $46.88 per barrel by 07:58 AM GMT. A slowing Chinese economy, global oversupply and a firm US Dollar are the major downside risks for oil prices.
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Thu, 20 Aug 2015 10:21:04 GMT

Asian stocks lower as China doubts persist

Stock markets in Asia fell on Thursday, as worries around the world's second largest economy and the cloudy outlook for the timing of a rate hike in the US scare investors off. China's benchmark Shanghai Composite lost 3.4%, South Korea's Kospi was down 1.28%, while the Nikkei Stock Average slipped 0.94% and the S&P ASX 200 dropped 1.70%. Analysts say

Thu, 20 Aug 2015 08:13:16 GMT

Greece repays ECB after receiving new bailout funds

Greece made a €3.4 billion bond and interest payment to the European Central Bank on Thursday. This happened one day before Greece received its first €13 billion tranche from a new bailout package, which was officially approved by the European Stability Mechanism after the votes in the German and Dutch parliaments. Altogether, the third bailout package amounts to €86 billion,

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