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Oil near $52 as OPEC doesn’t cut output

Oil prices fell to near $52 a barrel Monday, a drop of over 4 percent from Friday, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday.

Indian stocks fall in wake of terror attacks

The Canadian Press - MUMBAI, India - India's stock market fell sharply Monday, reversing early gains, amid uncertainty over the political and economic outlook after terrorist attacks killed more...

ADX dips, DFM slight up

The Abu Dhabi Securities Exchange has dipped slightly, losing 0.775 of its value on the day before UAE markets shut for a ten day period. A total of 21 companies fell, with 16 rising and three...

Oil falls to near $52 as OPEC doesn't cut output (AP)

Oil prices fell to near $52 a barrel Monday, a drop of over 4 percent from Friday, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday.

European, Asian stocks retreat amid economic gloom (AP)

European and Asian stock markets fell Monday ahead of an expected lower opening on Wall Street amid renewed signs that the world economy is slowing down sharply.

Oil falls to near $52 as OPEC doesn't cut output

The Canadian Press - Oil prices fell to near $52 a barrel Monday, a drop of over four per cent from Friday, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday.

SKorean exports slump, automaker shuts down line

The Canadian Press - SEOUL, South Korea - South Korea's exports fell in November by the most in nearly seven years, the government said Monday, while automakers took steps to cut production as...

Asian markets fall on outlook for China, US

SEOUL, South Korea -- Most Asian stock markets fell Monday on signs that the U.S. holiday shopping season got off to a tepid start over the key Thanksgiving weekend. Major European markets opened...

Asian markets fall on outlook for China, U.S.

The Canadian Press - SEOUL, South Korea - Most Asian stock markets fell Monday on signs that the U.S. holiday shopping season got off to a tepid start over the key Thanksgiving weekend. Major...

Oil falls below $52 after OPEC defers output cut

Reuters - LONDON (Reuters) - Oil fell more than $2 to below $52 a barrel on Monday after OPEC decided to wait until mid-December to make another cut in output to try to defend sagging prices.