• Oil prices extend gains in Asia

    Oil prices extend gains in Asia

    Oil prices rose in Asia Monday, lifted by a surge in equities following last week's sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.
  • Second Japanese female cabinet minister resigns: PM Abe

    Second Japanese female cabinet minister resigns: PM Abe

    Two of the five women in Shinzo Abe's Japanese cabinet resigned Monday beset by allegations of misusing political funds, dealing a blow to the prime minister's efforts to boost the profile of women.
  • World Bank cuts China, East Asia growth forecasts

    World Bank cuts China, East Asia growth forecasts

    The World Bank on Monday trimmed its growth forecasts for developing East Asian economies this year and next, as China's economic expansion loses momentum and policymakers face tighter global monetary conditions.
  • S. Korea plays down rapprochement with North

    S. Korea plays down rapprochement with North

    South Korea on Monday warned against raised expectations of a major breakthrough in relations with North Korea, saying Pyongyang had some way to go before sanctions could be eased.
  • First European drones arrive in Ukraine to monitor truce: OSCE

    First European drones arrive in Ukraine to monitor truce: OSCE

    The first unarmed drones arrived Monday in Ukraine to help OSCE teams monitor the implementation of a fragile one-month truce in the separatist east, the pan-European security group said.
  • Greece draft budget puts 2015 growth at 2.9%

    Greece draft budget puts 2015 growth at 2.9%

    Greece should climb strongly away next year from a six-year recession which axed a quarter of its economy, turning in growth of 2.9 percent, deputy Finance Minister Christos Staikouras said on Monday.