<p>Singapore: Oil prices extended losses on Wednesday as Brent and West Texas Intermediate (WTI) have declined for six consecutive sessions to around two-week lows.</p> <p>Brent crude futures fell $1.09, or 1.1%, to $98.16 a barrel, while WTI futures fell $1.50, or 1.67%, to $89.01 per barrel. (</p>
There is "an increased likelihood" of inflation staying "notably" above the Federal Reserve's 2% target, Boston Federal Reserve President Susan Collins said.
There is "an increased likelihood" of inflation staying "notably" above the Federal Reserve's 2% target, Boston Federal Reserve President Susan Collins said.
The UBS has to underpin its foreign subsidiaries with more core capital than the bank had hoped. The Swiss parliament voted in favour of tougher regulations.
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over full control.