Friday, December 6, 2013
Bank of Ireland (BoI) raised 580 million euros (US$788 million) through a share sale as part of a milestone deal to repay 1.9 billion euros to the state, handing the government a timely financial boost.
Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
Canada's Sun Media Corporation announced Wednesday the elimination of 200 jobs at its newspapers across the nation, including 50 editorial positions.
European shares steadied on Thursday after three days of selling, as focus turned to whether the European Central Bank will offer any new economic stimulus after the Bank of England left its interest rates at a record low.
The dollar eased in Asia Thursday ahead of key U.S. jobs data seen as crucial for the timing of the Federal Reserve's stimulus pullback, while the euro treaded water as European central bankers meet later in the day.
Oil remained above US$97 a barrel Thursday on lower U.S. stockpiles but concerns of oversupply in the Middle East capped gains. Benchmark U.S. crude for January delivery was up 4 cents at US$97.24 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract gained US$1.16 to close at US$97.20 on Wednesday.
Thursday, December 5, 2013
Global growth was modest and a tepid expansion in the eurozone masked a growing disparity among its key members last month, data showed on Wednesday.
MediaTek Inc., one of Taiwan's leading integrated circuit designers, is expected to rise to 14th place in the 2013 rankings of the world's largest semiconductor suppliers, up from 18th last year, a research report said Wednesday.
Indonesia India Wednesday rejected a proposed World Trade Organization package, casting a cloud over a high-stakes conference tasked with reviving the WTO's faltering efforts to liberalize global commerce.
The heads of two U.S. Senate committees overseeing national security have expressed concern to the Obama administration over a recent network supply deal between China's Huawei Technologies Co. Ltd. and Washington ally South Korea.