European stock markets edged higher Monday and key Asian markets fell amid worries about high oil prices and the U.S. economy on a day when the U.S. and British markets were closed for a holiday.
Key stock market indicators edged up in Germany and France but the main market gauges fell more than 2 percent in Japan and Hong Kong after the Chinese government announced an overhaul of its telecommunications sector.
Crude oil futures rose to a record above $135 a barrel last week and were trading above $133 a barrel in electronic trading on Monday after militants in Nigeria said they destroyed an oil pipeline and killed 11 soldiers. The government said none of its …
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