Saudi Arabia

Asia heartened by Wall Street high, dollar in demand

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SYDNEY - Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply.

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Asia heartened by Wall Street high, dollar in demand 11:33pm GMT

SYDNEY - Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply.

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Oil slides as Saudi Naimi tells market to forget OPEC cuts 8:59pm GMT

NEW YORK - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price.

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Oil slides as Saudi Naimi tells market to forget OPEC cuts 8:57pm GMT

NEW YORK - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price.

COLUMN-Oil prices and Saudi diplomacy: Kemp 2:26pm GMT

(John Kemp is a Reuters market analyst. The views expressed are his own)

Saudi budget to be released later this week -local media 11:02am GMT

RIYADH, Dec 22 - Saudi Arabia's 2015 state budget will not be announced on Monday but instead will be revealed after a special cabinet meeting later this week, local media reported.

UPDATE 2-MIDEAST STOCKS-Saudi market mixed in early trade before budget 8:50am GMT

DUBAI, Dec 22 - Saudi Arabia's stock market was mixed in early trade on Monday, ending two days of big gains and suggesting that positive expectations for the government's 2015 budget have now largely been factored into prices.

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Saudi oil minister says ready to raise output if new clients emerge 8:31am GMT

DUBAI - Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned al-Hayat newspaper quoted the kingdom's oil minister as saying.

Saudi oil min says ready to raise output if new clients emerge 8:28am GMT

DUBAI, Dec 22 - Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned al-Hayat newspaper quoted the kingdom's oil minister as saying.

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Saudi Arabia says won't cut oil output 3:41am GMT

ABU DHABI - Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years.

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Internet outage seen in North Korea amid U.S. hacking dispute

WASHINGTON/BEIJING - North Korea, at the center of a confrontation with the United States over the hacking of Sony pictures, itself experienced Internet outages on Monday, a U.S. company that monitors Internet infrastructure said.