The Australian dollar fell as weaker-than-estimated Chinese data stoked concern over the outlook for the world’s second-largest economy. Asian index futures dropped at the end of last week as U.S. stocks and crude oil climbed amid signs of an improving jobs market.
Emerging-market stocks rose a second day as the European Union promised emergency aid to Ukraine while U.S. and Russian diplomats held talks. The Standard & Poor’s 500 Index held near a record while oil declined.
Supervisor Atta Mohammad watches the cranes swivel and workers at the Naibabad freight terminal rush to unload wheat and construction material from Uzbekistan that’s just arrived on Afghanistan’s only railroad.
Saudi Arabia will rely mostly on fuel oil to run power plants when annual demand peaks this summer, enabling the country to burn less of its crude and keep more for export, according to consultants Energy Aspects Ltd.