Energy Update
MANILA, Dec 30 (Reuters) - The Philippines, involved in a territorial dispute with Beijing in the South China Sea, is set to join the China-backed Asian Infrastructure Investment Bank, describing it as a "promising institution" that could help accelerate economic growth.
* U.S., European cold snap to be short-lived * Unusually warm weather has so far dominated winter * U.S.
BANGKOK, Dec 30 (Reuters) - Most Southeast Asian stock markets rose on Wednesday as end-year portfolio buying lifted the Malaysian index to a more than two-month high and Thai stocks to a near two-week high, with energy shares leading the pack after oil prices rebounded overnight. The Kuala Lumpur composite index rose 0.8 percent to 1,699.59, the highest since Oct. 27.
MANILA, Dec 30 (Reuters) - The Philippines is set to join the China-backed Asian Infrastructure Investment Bank, describing it as a "promising institution" that could help accelerate the country's economic growth.
* U.S., European cold snap to be short-lived * Unusually warm weather has so far dominated winter By Henning Gloystein SINGAPORE, Dec 30 (Reuters) - Crude oil futures fell around half a dollar early on Wednesday as the market remained under pressure from slowing demand and high supplies, while forecasts that a cold snap in Europe and the United States would be short-lived also hurt prices. Crude prices have plunged by two-thirds since mid-2014 as soaring output from the Organiza
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.