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Oil futures

Crude Oil Futures Gain on Chinese Trade Data

Crude oil prices advanced in Asian trading Thursday as better-than-expected Chinese trade data reinforced signs of economic recovery in the world’s second largest oil consuming nation.
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Thai's Dec. Consumer Confidence Rises

Thailand’s consumer confidence rose in December compared to that in the previous month, indicating an improvement in domestic spending which accounts for the majority of overall economic activity.
Japan Nikkei

Asian Markets Rise On China Trade Report

Asian shares rose Thursday as Chinese trade data, much stronger than expected, magnified momentum overnight from global markets and kept alive hopes for a recovery in the world's second-largest economy.
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NYC Commuter Ferry Crash Injures 57

A commuter ferry crashed into a pier in lower Manhattan early Wednesday, injuring 57 people, one critically, the New York City Police Department said.
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AIG May Join Suit Over Bailout, Angering Many

American International Group Inc., the insurer rescued by the U.S. government in 2008, said Tuesday it is considering joining a lawsuit that claims the bailout terms were unfair, drawing outrage from lawmakers.
William Ackman, Hedge fund manager and the founder of Pershing Square Capital

Herbalife Branded A Pyramid Scheme By Hedge Fund Manager Bill Ackman

Herbalife, which sells weight management and skincare products, is being denounced as a pyramid scheme by Bill Ackman, a hedge fund manager. Ackman claims Herbalife’s goal is not to sell products but getting individuals duped into selling business opportunities to their friends who, in turn, sell it to their friends.

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