WTI falls before U.S. government data

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Source: Bloomberg
© Scanpix/AP
West Texas Intermediate crude fluctuated on Monday before a government data were released signalling that the Federal Reserve may start scaling back its monetary stimulus policy in the world's largest oil producer. WTI for settlement in December slipped 24 cents and traded at $97.61 a barrel on the NYMEX as of 1:5 p.m. in Singapore.

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Mon, 28 Oct 2013 09:19:08 GMT

U.S. industrial production advance in September

Industrial production in the world's largest economy gained in the month of September on a sequential basis, a survey released by Bloomberg revealed on Monday. According to the survey, U.S. industrial output advanced by 0.4% month-on-month in September after recording the same result in the previous month, while manufacturing added 0.3% on the month following a 0.7% rise in August.

Mon, 28 Oct 2013 08:57:05 GMT

China's shares slip and head for longest loss in 4 months

Chinese equities decreased on Monday falling for the fifth straight session and heading for the longest series of losses in a four-month period mainly due to drops of health-care and liquor companies offsetting jumps in energy producers. The Shanghai Composite Index slipped 0.2% to 2,128.37 as of 1:07 p.m., while the CSI 300 Index fell 0.4% to 2,358.96.

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