Oil prices rose in Asia on Friday following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut.

U.S. benchmark West Texas Intermediate for September delivery edged up 26 cents to $48.71 a barrel in afternoon Asian trade. The contract finished below $49 on Thursday for the first time since March 31.

The euro firmed in Asian trade Friday on easing concerns about the Greek debt crisis, while the dollar ticked higher against the yen as another batch of upbeat data reinforced expectations for a U.S. interest rate hike.

In Tokyo, the single currency fetched $1.0990 and 136.26 yen, up from $1.0985 and 136.10 yen in New York late Thursday.

The following information is provided by Bnooki.com that is a FREE online platform that gathers data related to financial products and services offered by banks and financial institutions in Lebanon.

Personal loans, that is, loans that are granted for some kind of personal, family or household use, usually come in 2 types – secured & unsecured. The first type are secured against assets such as property, whereas unsecured loans are granted on the basis of credit history and personal income. These loans are available at practically every Lebanese bank and can be repaid in installments over a fixed period of time. 

Greece's parliament on Thursday approved a second batch of reforms needed to help unlock a huge international bailout for the stricken economy.

The bill passed by a resounding 230 votes out of the 298 members of parliament present, after a marathon debate stretching into the early hours that nonetheless exposed deep divisions in the governing Syriza party.

German auto giant Volkswagen and Dutch company Fleet Investments said Thursday they would sell the global fleet management company LeasePlan Corp for about 3.7 billion euros ($4.0 billion).

The sale to a consortium of pension funds, global investment companies and private equity firms is expected by the end of this year, pending approval by regulatory and anti-trust authorities, they said.

South Korea's quarterly growth slowed to the lowest in more than two years as a severe drought hit agriculture and an outbreak of Middle East respiratory syndrome sapped consumption.

The economy expanded 2.2 percent in the second quarter over a year earlier, the Bank of Korea said Thursday. That's the lowest since the first quarter of 2013. Asia's fourth-largest economy eked out 0.3 percent growth from the previous quarter.

Economy and Trade Minister Alain Hakim met on Wednesday with Ambassador David Hale and talks focused on the continued cooperation to strengthen the Lebanese-American economic relationship, the U.S. embassy said in a statement.

Ambassador Hale highlighted the recent reauthorization of the U.S. Generalized System of Preferences (GSP) program, which strengthens commercial ties and promotes economic growth and stability in Lebanon by granting Lebanese products a competitive advantage in the U.S. market.

Parts of northern Nigeria ravaged by six years of conflict caused by Boko Haram Islamists could be revitalized with around $2.1 billion in World Bank funding, according to a government spokesman.

Nigerian President Muhammadu Buhari's spokesman Femi Adesina said in a statement on Tuesday evening that the World Bank had pledged the money after talks in Washington.

US and Israeli authorities arrested four men in two separate fraud schemes on Tuesday that media said were linked to last year's hack of computers at JPMorgan Chase.

The court documents in each of the cases, one an Israel-based ring running a pump and dump scheme for US-traded penny stocks, and the other an illicit US Bitcoin transfer operation, did not tie them to the theft of confidential details on millions of clients at the giant US bank.

Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending as low crude prices hit revenues, the energy ministry said Wednesday.

Pump prices for the two fuels will now be set on the basis of world prices and adjusted each month, the ministry said in a statement carried by the official WAM news agency.