Oil rose above $62 a barrel on Monday, mirroring gains in equities, as investors became confident there would be no further substantial price loss in the run-up to the new year.
LONDON, Dec 22 (Reuters) - European and UK stock markets were expected to open higher on Monday, buoyed by gains in the United States and Asia, although traders were also expected to keep a wary eye on political developments in Greece.
Oil prices rose on Monday extending a rebound that started late last week, a trend analysts have attributed to traders closing short positions and looking for end-of-year bargains rather than a change in fundamentals.
The head of the US Federal Reserve, Janet Yellen, delivered the latest statement on behalf of a body which can shake up global financial markets like a cocktail waiter.
SEOUL, Dec. 22 (Yonhap) -- When the South Korean men's football team for the AFC Asian Cup tournament was unveiled on Monday, Lee Jeong-hyeop, a virtually unknown forward, was easily the biggest surprise.