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Brent hits five-year low below $66 on oversupply worries

(Reuters) - Benchmark Brent crude slipped on Tuesday to its lowest in five years, dropping below $66 a barrel after plunging more than 4 percent the day before on worries of a swelling supply glut. Oil prices are likely to remain around $65 a barrel for the next six or...

Asia-Pacific Philippine typhoon death toll jumps

At least 21 people have been killed, many of whom in central Philippines, after Typhoon Hagupit hit, Red Cross officials say. "We have confirmed reports that 21 people died in Eastern Samar, 16 of them in Borongan," said Gwendolyn Pang, secretary-general of the Philippine National...