Federal Reserve interest rate hike

Quoteworthy: "Ukrainian soldiers are doing with their blood what the UN Security Council should do by its voting."

SINGAPORE (May 30): Oil prices dipped in Asia Monday after comments from the US central bank head implying interest rates will rise but traders are pinning their hopes on a tightening global market ahead of an OPEC meeting this week.

TOKYO (May 20): Japanese stocks fluctuated, on course for a second straight weekly advance, as investors weighed what higher US interest rates would mean for the global economy and assessed the impact from a weaker yen and lower commodity prices.