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Asia heartened by Wall Street high, dollar in demand

(Reuters) - Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply. The revival in risk appetites undermined the safe haven yen and...

Iraq says Jordan to begin training Iraqi troops soon

(Reuters) - Jordan will begin training the first group of army troops from neighboring Iraq in the next few weeks as part of the international effort to fight Islamic State, the Iraqi defense minister said on Monday. Speaking after meeting Jordanian King Abdullah, Khaled al...

Oil slides as Saudi Naimi tells market to forget OPEC cuts

(Reuters) - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price. After a weekend of comments from several Gulf OPEC members...