Thursday, April 24, 2014
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.023 to close at the day's high of NT$30.326 after moving in a narrow range ahead of the release of manufacturing activity data in the United States, dealers said.
Shares in Taiwan closed lower Wednesday after briefly breaching 9,000 points as the bellwether electronics sector came under pressure from investors pocketing earlier gains, dealers said.
Chinese manufacturing activity improved slightly in April as domestic demand showed “mild improvement,” HSBC said Wednesday, but it warned the world's second-largest economy was still showing signs of weakness.
Eurozone business activity hit a near three-year high in April as a modest economic recovery gained momentum and began creating jobs, a closely watched survey showed on Wednesday.
Former U.S. Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis.
Japanese railway and hotels giant Seibu Holdings jumped nearly 11 percent on its return to the Tokyo stock market Wednesday, a decade after it was de-listed following a major accounting scandal.
McDonald's is fighting to hold onto customers in the U.S.
South Korea's LG Household & Healthcare said Wednesday it was considering a purchase of global cosmetics giant Elizabeth Arden.
A former pharmaceutical executive has been sentenced to 15 months in prison for his role in an insider trading scheme.
The maverick founder of Russia's top social network, Pavel Durov, said Tuesday he had fled the country after selling his share in the company under pressure from the security services.