Oil Trades Near Three-Month Low as U.S. Crude Storage Hub Swells

Oil traded near the lowest price in three months after U.S. government data showed crude supplies at the nation’s biggest storage hub increased the most since April. Futures were little changed in New York after falling 3.1 percent on Wednesday, the most since July 6. Stockpiles at Cushing, Oklahoma, the delivery point for U.S. benchmark oil, rose for a third week through July 10, according to the Energy Information Administration....

Dollar Bulls Accelerate Charge as Yellen Provides Rates Spur

The dollar headed for its longest stretch of weekly gains since March after Federal Reserve Chair Janet Yellen reiterated the U.S. is on track to raise interest rates this year. The U.S. currency was set for its biggest weekly gain in almost two months versus the euro after the Greek parliament voted to accept further austerity required for a new bailout, clearing one obstacle to higher U.S. borrowing costs. The...

Asian Stocks Rise as Greek Lawmakers Approve Austerity Measures

Asian stocks rose after Greek lawmakers passed a bailout agreement that keeps the country in the euro for now as the European Central Bank weighs whether to pump more money into Greece. The MSCI Asia Pacific Index gained 0.2 percent to 143.71 as of 9:03 a.m. in Tokyo. Greece’s parliament endorsed the bailout without the support of Prime Minister Alexis Tsipras’s Syriza bloc, as riot police tussled with protesters outside. The new austerity...

Topix Climbs as Greece Approves Bailout, Investors Weigh Yellen

Japan Topix index rose as Greek lawmakers passed a bailout agreement that keeps the country in the euro and investors weighed comments from Federal Reserve Chair Janet Yellen on the timing of rate increases. The Topix climbed 0.5 percent to 1,654.80 as of 9:01 a.m. in Tokyo, headed for a fifth day of gains. The Nikkei 225 Stock Average advanced 0.6 percent to 20,592.59. The yen fell 0.1 percent to 123.89 per dollar after weakening 0.3...

U.S. Stocks Slip as Greek Debates Debt; Bonds Rise, Loonie Falls

U.S. stocks halted the longest rally since January as protesters clashed with police in Athens while Greece’s parliament debated a bailout package. Treasuries rose as comments from the Federal Reserve fueled speculation interest rates won’t rise rapidly this year. The Standard & Poor’s 500 Index fell 0.1 percent at 4 p.m. in New York. The gauge traded little changed for most...