Oil prices dipped slightly during early Asian trading on Monday as fresh oversupply concerns spurred by an increase in operational U.S. rigs bridled a recent rally.

This follows a week of gains that lifted U.S. benchmark West Texas Intermediate (WTI) above $40 for the first time since December, buoyed by a sharp drop in the dollar and revived optimism that producers would strike a deal to freeze output.

Chinese authorities on Monday boosted support for margin trading, which fueled a stunning stock market rally before government restrictions triggered a spectacular rout last year.

Margin trading, through which investors only need to deposit a small proportion of the value of their trades, potentially generates bigger profits but also exposes them to bigger losses.

Egypt said on Sunday that Saudi Arabia has offered $1.5 billion to help finance economic projects in the Sinai Peninsula, as Riyadh continues to bolster its ties with Cairo.

The Federation of Sao Paulo Industries is lit up in the green and yellow of the Brazilian flag, a giant black banner cutting across its facade with a blunt message: "Resign now."

The powerful industry group is not the only major player in the Brazilian economy that is openly hostile to embattled President Dilma Rousseff.

The FBI has agreed to help Bangladesh investigate an audacious $81 million theft from the nation's foreign reserves, authorities said Sunday, days after the finance minister accused central bank officials of complicity in the heist.

A top British euroskeptic minister who quit over welfare cuts launched a damaging attack on Prime Minister David Cameron Sunday, exposing deep tensions within his government ahead of June's referendum on EU membership.

Iran's supreme leader said Sunday that the economy must come first, insisting in a Persian new year's day message that domestic production is the best route to a strong recovery.

The Nowruz holiday comes just two months after implementation began of a landmark nuclear deal between Iran and world powers led by the United States, triggering the lifting of a raft of international sanctions and raising the prospect of renewed foreign investment.

In lowering its likely path of future interest rate increases this week, the Federal Reserve pushed down the dollar, perhaps aiming to ease strains caused by clashing monetary policies.

Economists and investors alike were surprised when the U.S. central bank announced Wednesday that it only sees two rate hikes in 2016, half the number it envisioned in December, a more accommodative stance in exiting crisis-era policy.

Starwood Hotels & Resorts Worldwide said Saturday it has signed three hotel deals in Cuba, a first for a U.S. hospitality company since the 1959 revolution on the communist-run island.

Starwood said two of the hotels would open later this year and that it had signed a letter of intent for a third.

The China Development Forum this weekend may be the most important economic summit you have never heard of.

The CEOs of companies ranging from Facebook to Rio Tinto gather in Beijing with top academics and politicians for a pay-to-play event promising audiences with China's top leadership.