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Search Result for “market pressures”

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BUSINESS

Asian energy stocks sink, airlines rise

AFP, Published on 28/11/2014

» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.

BUSINESS

Asia stocks mixed, oil slumps

Published on 27/11/2014

» HONG KONG — Asian stocks were mixed in lacklustre trade Thursday, while oil prices extended losses ahead of a pivotal Opec meeting expected to maintain the cartel's production levels despite a huge glut.