Friday, January 30, 2015
Global shares fell Thursday after oil prices plunged and the U.S. Federal Reserve issued a reminder it is still on track to raise interest rates this year. The release of weaker-than-expected retail sales figures in Japan was another reason for gloom.
The U.S. dollar extended its gains on Thursday after the U.S. Federal Reserve pointed to the “solid pace” of growth in the world's top economy, signaling a midyear rate hike was still in play.
Oil prices edged higher Thursday but gains were capped amid fresh worries about the global supply glut as U.S. crude reserves soared to a record high, analysts said.
Fast-food giant McDonald's replaced President and Chief Executive Officer Donald Thompson on Wednesday, after the company turned in another poor quarter of sales and earnings last week.
Thursday, January 29, 2015
Apple's quarterly profit rocketed to a corporate record US$18 billion at the end of last year on booming sales of big-screen iPhone models, especially in China.
The National Communications Commission (NCC) yesterday turned down the merger application between Asia Pacific Telecom (亞太電信) and Ambit Microsystems Corp. (國碁).
Taiwanese spend an average NT$5,280 (US$169) per person per month to dine out, which is the fifth highest amount in the Asia-Pacific region, according to a MasterCard survey that was released Wednesday.
Chinese regulators accused e-commerce giant Alibaba of permitting sales of fake goods and hurting consumers in a report that was withheld until now to avoid disrupting the company's U.S. stock market debut.
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Greece's radical new government on Wednesday signaled the country would backtrack or scrap a series of budget measures its eurozone creditor nations had demanded in exchange for bailout loans.
China's yuan has become the world's fifth most widely used payment currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organization SWIFT showed Wednesday.