Tech Warning, Higher Oil Weigh on Asia
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Asian share markets were trapped in  narrow ranges Tuesday as oil prices edged higher and after a  warning of lower sales from semiconductor maker Advanced Micro  Devices, which offset upbeat U.S. economic and corporate news.
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Asian shares ticked higher on Tuesday  as oil paused in its near-daily record climb, providing  investors a chance to buy banks and some semiconductor shares  such as NEC Electronics Corp.
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Soaring oil prices and terrorism have instilled fresh caution into global markets over the past six months, executives and investors said at a technology conference in Cannes.
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Asian shares mostly eased on Monday with South Korea retreating from record highs on fears the government may move to cool the market, while Brent crude was about $1 away from its highest level due to supply worries.
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Asian stocks raced to a record high on Friday as a weaker yen boosted Japanese exporters such as Canon Inc.  and a spike in oil prices pushed energy shares higher.
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Oil prices slipped to seven-week lows  on Wednesday, lifting Asian shares, while the dollar gained on  fresh warnings over the euro's strength ahead of an expected  U.S. interest rate rise later in the day.
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Weaker oil and metals prices hurt  shares in Asian resource companies Wednesday, offsetting gains  in some technology issues following upbeat earnings reports  from bellwethers Intel Corp. and Yahoo Inc.
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Higher oil prices, if sustained, could sharply cut economic growth in Asia and trigger sharp rises in inflation and interest rates, according to the chief economist of the Asian Development Bank (ADB).
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Asian stocks fell more than 2 percent on Wednesday as oil prices topped $100 a barrel, rekindling inlfation fears.
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Singapore: Crude futures stayed close to the US$49 mark in Asia today, amid renewed fears that heating oil supplies may not meet demand for the coming Northern Hemisphere winter.
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OIL retreated further from its $US53 a barrel threshold in early Asian trade today, but players in the market remained edgy about tight supplies heading into North America&#39;s winter heating season.
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A new report says that pressures on fuel supplies are growing, in part, because booming Asian economies are using more fuel to power their manufacturing industries.
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By Brahma Chellaney  The sharpening Asian competition over energy resources   has obscured another danger: Water shortages in much of Asia are becoming a threat to rapid economic modernization.
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SINGAPORE : Asian share prices opened on a soft note on Monday as blue chips came under selling pressure amid growing worries over higher oil prices.
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A US slowdown, an oil shock and prospects of higher interest rates are the key risks to Asia's economies in the short-term, international ratings agency Standard and Poor's (S and P) says.
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The world&#39;s major stock markets tried hard this week to ignore the proverbial elephant at the table -- record high oil prices -- but it is getting harder and harder to do so.
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US oil prices are holding above $54 a barrel in electronic trade in Asia Thursday after a larger-than-expected decline in heating fuels in the United States heightened fears of a winter supply crunch.