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U.S. oil production to climb amid recovery from Hurricane Barry
Oil prices plunged Thursday as production in the U.S. Gulf of Mexico is expected to rise again next week with oil rigs returning to operation.
China's overnight Shibor interbank rate rises Friday
The overnight Shibor, which measures the borrowing cost of China's interbank market, rose 5.5 basis points to 2.827 percent Friday.
Tokyo stocks extend gains in morning on bargain hunting after slide
Tokyo stocks extended gains Friday morning, as investors snapped up issues deemed oversold following the market's recent three-day slide.
Chinese shares open higher Friday
Chinese stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 0.29 percent to open at 2,909.68 points.
Chinese yuan strengthens to 6.8635 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 126 basis points to 6.8635 against the U.S. dollar Friday.
U.S.-listed Chinese firms trade mostly lower
Shares of JD.com and Baidu slid 5.42 percent and 4.17 percent, respectively, leading the laggards in the top 10 stocks of the index.
Weekly storage of natural gas in U.S. increases by 2.5 pct: EIA
The total working gas storage increased by 13 percent from this time last year, or 5.3 percent below the five-year average.
U.S. stocks close higher after Fed official's remarks
The Dow Jones Industrial Average rose 3.12 points, or 0.01 percent, to 27,222.97. The S&P 500 was up 10.69 points, or 0.36 percent, to 2,995.11.
Oil prices drop amid demand worries
The West Texas Intermediate for August delivery fell 1.48 U.S. dollars to settle at 55.30 dollars a barrel on the New York Mercantile Exchange.
Chinese shares close lower Thursday
Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 1.04 percent to end at 2,901.18 points.
PBOC injects liquidity into market
PBOC on Thursday continued to pump cash into the financial system through open market operations to maintain liquidity in the market.
China's overnight Shibor interbank rate rises Thursday
The overnight Shibor, which measures the borrowing cost of China's interbank market, rose 6.1 basis points to 2.772 percent Thursday.
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