Energy Update
MOSCOW, Dec 23 (Reuters) - Russian President Vladimir Putin
said on Friday that evidence against former economy minister
Alexei Ulyukayev, who was accused of attempting to extort a
bribe from a major oil firm, justified his dismissal in
November.
MOSCOW, Dec 23 (Reuters) - The Russian state budget has
received a payment from the Qatar Investment Authority (QIA) and
commodities trader Glencore to pay for a stake in oil
giant Rosneft, President Vladimir Putin said on
Friday.
SHANGHAI, Dec 23 (Reuters) - China stocks ended the week on
a bearish note, with the key CSI300 Index hitting a two-month
closing low to cap its third straight week of declines, as
concerns of tighter regulatory supervision weighed on brokerages
and insurers.
Dec 23 (Reuters) - Australian shares ended softer on Friday
ahead of the Christmas long weekend as lower commodity prices
hurt miners, while financial stocks lost traction - pruning some
of their earlier gains.
2016 was marked by two distinct halves for gold. The year started off on a rip for the price. Now the spot price isn't far off from where it started.
LIMA/QUITO, Dec 22 (Reuters) - Politicians and investigators
across Latin America demanded more information from Brazil-based
construction company Odebrecht on Thursday after it admitted to
a decade of immense bribe payments in the region.
Dec 23 (Reuters) - Australian shares fell on Friday, with
gains in financials and energy offset by basic material stocks
that lost traction in the wake of weak copper and Chinese iron
futures prices.
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