Oil Holds Biggest Loss in 6 Weeks as U.S. Stockpiles Expand Glut

Oil held the biggest loss in six weeks as rising U.S. crude stockpiles kept supplies at the highest level in more than eight decades. Futures dropped as much as 0.9 percent in New York after slumping 4 percent Wednesday, the most since Feb. 11. Inventories rose by more than three times what was projected in a Bloomberg survey, while imports last week increased to the highest since June 2013, Energy Information Administration data showed....

Dollar Rally Sends Gold, Oil Prices Lower as U.S. Stocks Slide

The dollar extended its longest winning streak in a month, while U.S. stocks slid a second day as prices for oil, gold and emerging markets retreated amid increasing speculation that the Federal Reserve is moving closer to raising interest rates. The U.S. currency gained for a fourth day versus the euro and the yen, sending the Bloomberg Dollar Spot Index higher by 0.7 percent at 4 p.m. in New York. The greenback strengthened versus...

Asia Stocks Fall as Oil Drops, Investors Weigh Higher U.S. Rates

Asian stocks dropped for a second day as oil tumbled below $40 a barrel and investors weighed the direction of U.S. monetary policy. The MSCI Asia Pacific Index fell 0.5 percent to 128.10 as of 9:08 a.m. in Tokyo, heading for the lowest close in a week. U.S. shares retreated on Wednesday as Federal Reserve Bank of St. Louis President James Bullard joined a chorus of U.S. policy makers floating the prospect of an interest-rate hike as...

Japanese Shares Fall Second Day as Oil Tumbles on U.S. Supplies

Japanese shares fell for a second day, following U.S. equities lower, as commodity shares led declines after crude oil dropped by the most in six weeks and speculation mounted that the Federal Reserve is moving closer to raising interest rates. The Topix index slipped 0.3 percent to 1,360.42 as of 9:01 a.m. in Tokyo, with three shares falling for every two that rose. The Nikkei 225 Stock Average retreated 0.2 percent to 16,964.18. U.S....

Hong Kong Shares Close Down Slightly

Hong Kong shares finished slightly lower on Wednesday as investors in Asia weighed signs of economic warming but remained on the sidelines after deadly bomb attacks in Brussels. The Hang Seng index fell 0.3 percent to 20,615.23 points, while the China Enterprises Index lost 0.3 percent to 8,873.33. The total trading volume of companies included in the HSI index was 1.2 billion shares...