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Oil prices jump; optimism over China’s consumption stimulus boosts Asia shares

Summary by WTVB
By Rae Wee SINGAPORE (Reuters) – Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as investors took stock of the contrasting fortunes between the United States and the rest of the world. The week is a busy one with a series of central bank policy meetings, including by the U.S. Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday. Over the weekend the U.S. def…

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The Canberra TimesThe Canberra Times
Reposted by
Newcastle HeraldNewcastle Herald

Oil prices, Euro shares rise while Wall St futures sag

Oil prices hovered at two-week highs while US futures slid on recession worries and investors eyed more consumption-led...

·Canberra, Australia
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New Strait TimesNew Strait Times

Bursa Malaysia rallies for third day on China's stimulus measures

KUALA LUMPUR: Bursa Malaysia extended its gains for a third consecutive day, fuelled by China’s latest stimulus measures to drive consumer spending. © New Straits Times Press (M) Bhd

·Malaysia
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NikkeiNikkei

China launches 'action plan' to spur consumption, lock in retail upswing

SHANGHAI/HONG KONG -- China's government has mapped out an "action plan" that calls for supporting employment and the stock market to stimulate domest

·Japan
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WTVBWTVB

Oil prices jump; optimism over China’s consumption stimulus boosts Asia shares

By Rae Wee SINGAPORE (Reuters) – Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as investors took stock of the contrasting fortunes between the United States and the rest of the world. The week is a busy one with a series of central bank policy meetings, including by the U.S. Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday. Over the weekend the U.S. def…

Read Full Article
The Manila TimesThe Manila Times

Oil firms to lower pump prices this week

MANILA, Philippines - Oil companies will again lower pump prices this week but the price cuts will not be as big as last week. Shell and Seaoil said that diesel prices will go down by P0.20 per liter and kerosene by P0.40 per liter. The price of gasoline will remain the same. The price adjustments will be implemented on Tuesday, March 18. Last week, oil companies reduced the prices of gasoline by P1.70 per liter, diesel by P0.90 per liter and ke…

·Manila, Philippines
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FortuneFortune

China maps out plan to raise incomes and boost consumption

Other measures include stabilizing the stock and real estate markets, and offering incentives to raise the country’s birth rate.

·New York, United States
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43% Center
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Fortune broke the news in New York, United States on Sunday, March 16, 2025.
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