Tuesday, September 30, 2014
China on Monday hailed the one-year anniversary of its first free-trade zone (FTZ), but foreign companies expressed disappointment over the pace of pledged reforms as they await real business opportunities.
U.S. technology giant Microsoft on Monday launched its Xbox One game console in China, the first foreign company to enter the potentially massive market after the government lifted a 14-year ban.
The New Zealand dollar sank Monday after the central bank disclosed it conducted its biggest sell-off of the currency in seven years to lower an exchange rate that is squeezing exporters.
Economists see steady growth but remain mixed on their outlook for the health of different segments of the U.S. economy.
Japanese telecoms group SoftBank refused to be drawn Monday on reports it is in talks to buy DreamWorks Animation, the biggest independent animated film studio in Hollywood.
Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's chairman said Monday.
Asian stock markets were mixed Monday as pro-democracy protests in Hong Kong and concern about China's economy offset good U.S. economic news.
Oil prices eased in Asia Monday as the U.S. dollar strengthened while dealers sat on the sidelines due to a dearth of trading cues, analysts said.
The dollar rose Monday after data showed the U.S. economy grew more than first thought in April-June, while it hit a six-month high against the Hong Kong dollar after weekend unrest in the southern Chinese city.