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Oil prices rebound from 7-week low NEW YORK — Oil prices rebounded from a seven-week low on Thursday in what traders said was technical trading and a short covering bounce after recent declines left the market oversold.


Oil falls to seven-week low as slow demand weighs LONDON, United Kingdom -- Oil dipped to seven week lows on Thursday due to increasing signs that high prices and economic weakness were slowing demand in the world's top consumer United States.


Kirin interested in buying San Miguel Brewery stake MANILA, Philippines -- Japanese brewer Kirin would be interested in buying a stake in the beer business of Philippines' San Miguel Corporation, a senior official said Thursday.


1 in 4 Singapore firms hit by fraud -- survey SINGAPORE—Nearly one in four Singapore companies was hit by fraud last year, with the majority of the offenses committed by male employees hankering for the high-life.


San Miguel Brewery reports 9.0% rise in H1 sales MANILA, Philippines -- Food and drinks conglomerate San Miguel Corp. said on Thursday first-half net sales at its beer business rose 9.0 percent from a year ago on the back of a 7.0-percent growth in sales volumes.


San Miguel serves up a second corporate shake-up MANILA, Philippines -- San Miguel Corporation surprised investors on Thursday with plans for a new corporate shake-up that may see it sell part of its core food unit and more of its flagship beer operations.


Asian bond spreads flat despite slide in oil prices HONG KONG -- Asian bond spreads were flat Thursday despite sliding oil prices and the improving tone in global stock markets, as credit investors remained unconvinced about a definite turnaround from the recent volatility.


Farmers want coconuts from San Miguel sale MANILA, Philippines – Filipino farmers want to sell a contested stake worth hundreds of millions of dollars in food and drinks giant San Miguel Corporation to rejuvenate underfunded coconut plantations.


Executive hiring in Asia to slow in Q3 -- survey HONG KONG -- Companies in Asia are reining in executive hiring plans this quarter, except in China, but that is not taking much pressure off salary inflation for new hires, a survey by recruitment firm Hudson showed Thursday.


(UPDATE 2) CA voids SEC cease and desist order vs Meralco MANILA, Philippines -- The Court of Appeals has voided the cease and desist order issued by the Securities and Exchange Commission against the election of board members by the Manila Electric Co. (Meralco).