Singapore – Oil rebounded above $42 on Friday amid signs Saudi Arabia would deepen supply cuts next month, after sinking 2 percent overnight on signs of worsening demand from the United States, the world’s top energy consumer. US crude for February delivery rose 85 cents to $42.55 a barrel by …

AMMAN, Jan. 9 – Jordan’s activists has mulled a legal war against Israel in light of its intensive offensive against the Gaza Strip which has claimed over 700 lives there, local daily The Jordan Times reported on Friday. Representatives from 20 civil societies and law schools in the kingdom met …

TOKYO, Jan. 9 – Japan is studying the feasibility of sending a special envoy to related countries to help end hostilities between Israel and the Palestinians, Kyodo News said Friday. Foreign Minister Hirofumi Nakasone said during a House of Representatives Budget Committee session that Tatsuo Arima, special envoy on the …