NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. Still, prices fell more than 3% on Wednesday to a seven-week after the U.S. Federal Reserve kept interest rates steady, which...

HONG KONG, May 2 (Reuters) - Standard Chartered PLC ( SCBFF ) posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender. StanChart, which earns most of its revenue in Asia, said statutory pretax profit in the quarter was $1.91 billion. That compared with $1.81 billion...

KUALA LUMPUR, May 2 (Reuters) - Microsoft ( MSFT ) will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. Microsoft's ( MSFT ) announcement came as chief executive Satya Nadella visited Kuala Lumpur on Thursday, part of a tour in Southeast Asia to promote...

KUALA LUMPUR, May 2 (Reuters) - Microsoft ( MSFT ) will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. ...