HONG KONG: Oil prices rose again on Wednesday (Aug 12) and stock markets were mixed, with eyes on the release of key United States inflation data that could guide the Federal Reserve on its plans for interest rates.Traders trod nervously ahead of the consumer price index (CPI) figures, which follow a report l

Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks and shipping lane concerns. Investors…

(Bloomberg) -- Oil held onto a rally as hopes faded for a deal to reopen the Strait of Hormuz, while Asian stocks were set for a muted start ahead of key US inflation reports.