energy-prices

Cash-strapped Greeks hit by new sales tax hike (AP)

AP - Prices of consumer goods and services have risen overnight in Greece, as a new sales tax hike takes effect in an effort to boost government finances.

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Cash-strapped Greeks hit by new sales tax hike
(AP)

energy-prices

Malaysia’s Petronas profit falls 23 percent (AP)

AP - Malaysia’s national oil company Petronas reported a second consecutive year of decline in net profit Thursday, blaming lower energy prices and higher costs amid the global slowdown.

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Malaysia’s Petronas profit falls 23 percent
(AP)

energy-prices

Summary Box: Consumer prices flat in February (AP)

AP - COST OF LIVING FLAT: The price of clothing, shelter and other goods was unchanged last month, the government said, as a drop in energy prices offset a rise in food costs.

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Summary Box: Consumer prices flat in February
(AP)

energy-prices

February wholesale prices drop 0.6 percent (AP)

AP - Prices at the wholesale level plunged in February by the largest amount in seven months as a big drop in energy prices offset higher food costs.

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February wholesale prices drop 0.6 percent
(AP)

energy-prices

Stock futures point toward higher opening (AP)

AP - Stock futures rose modestly Wednesday after U.S. and Japanese central banks reaffirmed plans to keep interest rates low in an effort to drive economic growth.

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Stock futures point toward higher opening
(AP)

energy-prices

BSE Sensex touches 3-mth low; global concerns weigh (Reuters)

Reuters - The BSE Sensex fell more than 2 percent on Friday afternoon, as Europe’s sovereign debt, indications of weak U.S. jobs data and a crash in commodity and energy prices raised fresh concerns over global economic recovery. The domestic markets have also taken the brunt of selling by foreign funds, which had earlier invested in emerging markets after borrowing in cheaper dollars.

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BSE Sensex touches 3-mth low; global concerns weigh
(Reuters)

energy-prices

December wholesale prices edge up 0.2 percent (AP)

AP - Inflation pressures at the wholesale level eased in December as a drop in energy prices offset a big jump in food costs.

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December wholesale prices edge up 0.2 percent
(AP)