SINGAPORE (Reuters) - Brent crude futures rose more than 2 percent toward $63 a barrel on Monday as Asian markets firmed into a holiday-shortened week and consensus spread that prices would likely remain above $60 for the rest of the year.
Oil rose for a second day, extending the biggest rally since October 2012 after Saudi Arabia said it was confident that crude will rebound as world economic growth boosts demand.
FILE - This Feb. 14, 2013 file photo shows David Johnson posing in the kitchen of his home at his family's Apple Hills Farm in Chenango, N.Y.
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.
Chinese private equity firm Hopu is among an investor group putting just over $1 billion into Xiaomi Corp. Here, Xiaomi's office in Beijing.