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World stocks resume slump as oil hits new low

LONDON: Global stocks suffered another rout Wednesday as oil prices slid to fresh 12-year lows under $28, heaping further pressure on financial markets from London and Paris to Russia and Shanghai. 

Gold dives close to six-year low

LONDON: Gold sank Wednesday close to the lowest level in nearly six years, as the dollar rallied on prospects for a December interest rate hike from the US Federal Reserve.

Oil dives below $40 after rise in U.S. oil rigs

NEW YORK: U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S. drilling and a drop in Chinese…
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