WASHINGTON (Reuters) - Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
SINGAPORE (Reuters) - The dollar was headed for its best week since early April on Friday, as tumbling oil prices weighed on commodity currencies and division over Europe’s emergency fund dragged on the euro.
TOKYO (Reuters) - Oil prices rose on Friday, gaining further ground as some producers like Kuwait said they would move to cut output swiftly to try to counter the evaporation in global demand for fuels caused by the coronavirus pandemic.
MUMBAI – Rubber futures on the Indian Commodity Exchange settled higher today tracking gains in contracts on the Tokyo Commodity Exchange, traders said.
HÀ NỘI — Lower natural rubber prices and falling oil prices helped cut input costs of local tyre firms and increased their profits in the first quarter.
NEW YORK: Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due to the COVID-19 pandemic.
