LOS ANGELES COMPANIES - ASIA PRODUCTS OUTLOOK:Tight Supply Supports Naphtha,Fuel Oil - Wall Street Journal LOS ANGELES COMPANIES - ASIA PRODUCTS OUTLOOK:Tight Supply Supports Naphtha,Fuel Oil - Wall Street Journal

Friday, February 6, 2009

LOS ANGELES COMPANIES - ASIA PRODUCTS OUTLOOK:Tight Supply Supports Naphtha,Fuel Oil - Wall Street Journal

SINGAPORE (Dow Jones)--Asia's naphtha and fuel oil markets are likely to maintain their current strength on tight supply, while gasoil remains weak. The fuel oil market is likely to remain backwardated on expectations of less supply from Europe in in Dow Jones News >

NEW YORK (Reuters) - Rupert Murdoch's News Corp posted its biggest ever quarterly net loss, after taking an $8.4 billion writedown for the value of its Dow Jones acquisition, broadcasting licenses and other assets. Excluding the charge, the results in Dow Jones News >

FRANKFURT (Dow Jones)--German semiconductor company Infineon Technologies AG (IFX) Friday posted a steep first quarter net loss, as expected, but shares rose sharply as it said it will increase cost savings and first quarter numbers beat market in Dow Jones News >

LONDON -(Dow Jones)- The British Bankers' Association has adjusted the panel of banks that contribute the London Interbank Offered Rate, or Libor, replacing HBOS. The BBA said the committee that decides which banks should contribute LIBOR, was in Dow Jones News >

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