Thursday, April 16, 2015
European equities rebounded Wednesday as weak Chinese economic growth data stoked Beijing stimulus hopes, while traders geared up for the latest eurozone interest rate call and eyed rising oil prices.
The dollar was mixed Wednesday after a disappointing U.S. retail sales report aggravated concerns about the health of the world's top economy, while upbeat factory output data supported the embattled euro.
Oil prices climbed in Asia for a fifth-straight trading day Wednesday following forecasts that U.S. shale production would likely decline and help ease a global supply glut, analysts said.
The Crackle video streaming service, known best for Jerry Seinfeld's motorized interview series with fellow comics, says it wants to be more like a traditional television network.
Wednesday, April 15, 2015
Americans increased their spending on autos, furniture, clothing and building materials in March, which caused overall retail sales to rise for the first time in four months.
Global commerce is expected to grow just 3.3 percent this year, the World Trade Organization said Tuesday, slashing its previous forecast of 4.0 percent over weak global economic growth and rising geopolitical tensions.
The head of Samsung Electronics Co.'s information technology and mobile businesses in Taiwan has resigned citing "personal reasons," weeks after the South Korean firm launched its newest flagship S6 and S6 edge phones in the country.
Taiwanese business people said they are optimistic about a new tax agreement between Taiwan and China that is expected to be sealed soon, with many hoping that the accord can improve the competitiveness of local businesses.
Beijing-based mobile software maker Cheetah Mobile Inc. (獵豹移動) is to set up a branch company in Taiwan to produce intelligent hardware and home electronics, Cheetah CEO Fu Sheng (傅盛) said Tuesday.
Sales of notebook computers in Taiwan showed signs of stabilization in 2014 after two years of significant decline, market research firm GfK Group said Tuesday, citing strong demand for 2-in-1 detachable laptops.