SEO TEMPLATES

SINGAPORE: Oil prices fell in Asia Friday as euphoria over bullish US economic data quickly wore off and talks on Iran's controversial nuclear programme entered a third day.

The US benchmark, West Texas Intermediate for January delivery, fell 27 cents to $95.17, while European benchmark Brent oil for January dropped 24 cents to $109.84.

AFP

TOKYO: The dollar extended its gains in Asia on Thursday after minutes from the Federal Reserves October meeting showed policymakers were considering cutting its stimulus programme "in coming months".

The greenback climbed to 100.39 yen in Tokyo morning trade from 100.03 yen in New York Wednesday afternoon.

The euro inched down to $1.3426 from $1.3435 while it strengthened to 134.78 yen from 134.40 yen.

Minutes from the Feds October meeting released Wednesday showed policymakers felt recent data indicate the time is approaching to start cutting down its $85 billion a month bond-buying scheme.

National Australia Bank said the minutes point to the likelihood of tapering sooner than later."

AFP