Saturday, August 30, 2014
U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
Apple gadget lovers hungered for the “next big thing” on Thursday after the iconic company fired off invites to a mystery unveiling on Sept. 9.
Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.
The International Monetary Fund (IMF) on Thursday urged the U.S. to boost incomes for the poor, including raising the minimum wage, saying that would help sustain the country's rebound from the Great Recession.
Asian markets were mixed Friday as the prospect of a military confrontation between Ukraine and Russia knocked confidence and offset forecast-beating U.S. growth data.
The U.S. dollar edged up in Asian afternoon trade Friday recovering from losses in the morning that were fanned by fears of a possible Russia-Ukraine military conflict and offset upbeat U.S. economic growth data.
Oil prices rose in Asia Friday supported by renewed Russia-Ukraine tensions and upbeat U.S. economic data, analysts said.
Friday, August 29, 2014
After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.
The financially troubled Singapore Flyer, one of the world's tallest observation wheels, has been bought by a local firm for SG$140 million (US$112 million), more than a year after being put in receivership.
Acer Inc. (宏碁) said Thursday it has established a venture capital fund to seek out long-term investments that will strengthen its technology development and promise good financial returns.