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A trader works in the oil futures pit of the New York Mercantile Exchange

Crude Hovers Above $85 Before US Election

Crude oil prices advanced slightly and hovered above $85 a barrel during Asian trading hours Tuesday as investors opted for caution ahead of the U.S. presidential election.
A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan’s Leading Economic Indicator Index Falls In September

Japan’s leading index, a composite index based on 12 economic indicators designed to predict the future direction of the economy, fell in September from the previous month, indicating a continuing decline in the country's economic condition.
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Philippines Inflation Rate Slows To 3.1% In October

The Philippines' rate of inflation continued to decrease in October from the previous month, indicating that the country’s inflationary pressures are well contained, providing room for further monetary easing policy measures required to boost economic growth.
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Asian Markets Steady, Awaiting US, Greek Events

Asian shares and the dollar steadied Tuesday with risk appetite contained by uncertainty over the outcome of the U.S. presidential election and renewed doubts over Greece's ability to push through severe fiscal measures.
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India Service Sector PMI Growth Drops To Six-Month Low

India's service sector recorded its slowest growth in six months as the economic slowdown in the U.S. and Europe resulted in a slump in new orders, the latest HSBC Purchasing Managers’ Index data released Monday show.
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Week Ahead: Asian Stocks Likely To Maintain Gains

Asian markets are likely to begin the week on a positive note as better-than-expected U.S. non-farm payroll data have suggested that the strength of the economic recovery in the world's largest economy is gaining some traction.

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