Oil prices rise in Asia with OPEC meeting in focus
Oil prices rose in Asia Tuesday but dealers were cautious before an OPEC meeting at which the cartel is expected to maintain high output...
Oil prices wobble as traders await OPEC
World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting...
Abu Dhabi financial regulator may create framework for virtual currencies
The regulator of Abu Dhabi's international financial centre said it could create rules for exchanges handling virtual currencies, in a sign that authorities in...
Gulf Air cuts losses by more than 60%
Bahrain's struggling carrier Gulf Air said Wednesday it reduced losses by 62 percent last year as a result of the company's restructuring.
Losses fell from...
Asian stocks falter as Fed makes case for possible Dec rate rise
Asian stocks broke a two-day rising streak on Thursday after top U.S. Federal Reserve officials kept the door open to a December interest rate...
OPEC says oil glut 'may ease' by 2017 as non-cartel supply drops
OPEC said Friday a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as...
Saudi offers of extra oil in Asia fail to lure interest in cutthroat market
Saudi Arabia failed to attract offers for additional oil cargoes for loading in October, industry sources said, in a sign that the market remains...
Iraq preparing to push ISIS away from oil region
Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...
Malaysia dissolves 1MDB advisory board
Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...
Chinese businessman grows Asian Halal meat industry
The wine-swilling co-founder of Sai Wai Xiang Halal Foodstuff Co enjoys his pork and does not follow Islam, but still sells more than $50...
