Oil above US$42 in Asia Thursday

Filed Under (Other News) by Fred Chan on 26-03-2011

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Oil prices inched higher above $42 a barrel Thursday in Asia as a lower-than-expected U.S. crude inventory increase sparked investor optimism that the collapse in demand may be slowing.

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Oil rises above US$45 as inventories fall

Filed Under (World Finance) by Fred Chan on 17-03-2011

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Oil prices jumped 9 percent Wednesday as global stock markets rallied and the U.S. government reported crude levels in America’s storage houses unexpectedly shrank.

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India’s Satyam board meets on takeover pricing guides

Filed Under (Business News) by Fred Chan on 26-02-2009

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India’s Satyam Computer Services’ board began a meeting on Thursday that is expected to set pricing guidelines for a preferential share issue to a strategic investor in the outsourcer at the centre of India’s biggest corporate fraud.

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