Asian equities fell toward a one-month low after disappointing company earnings in Japan and the U.S. The MSCI Asia Pacific Index lost 0.5 percent while benchmarks in Shanghai and Hong Kong sank to two-month lows and the Topix dropped 0.5 percent. (May 12, 2016 08.00 a.m)
In oil – Benchmark Brent LCOc1 settled up 4.6 percent at USD47.60 a barrel, while U.S. crude CLc1 settled up 3.5 percent at USD46.23 a barrel. Oil prices have recovered some ground after touching 12-year lows earlier in 2016, a foreign media report said. (May 12, 2016 08.00 a.m)
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