Thursday, October 8, 2015
The Bank of Japan (BOJ) held fire Wednesday on expanding its already huge stimulus program, despite mounting pressure on policymakers from sluggish growth and stagnant prices.
Britain's biggest retailer, supermarket group Tesco, said Wednesday it had fallen into a net loss during its first half, partly on costs linked to an accounting scandal.
Volkswagen's new boss said Wednesday it would take more than a year to fix all its cars fitted with pollution cheating devices, as the German auto giant scrambled to put its biggest crisis behind it.
Oil prices on Wednesday extended a rally on hopes a global supply glut could be easing, boosting Asian energy shares, while a broadly confident outlook saw emerging currencies surge against the U.S. dollar.
Waning expectations of an early rise in U.S. interest rates helped higher-yielding currencies advance against the U.S. dollar again Wednesday.
Oil prices climbed further in Asia Wednesday, driven by hopes a crude supply glut would ease and expectations the U.S. central bank would not raise interest rates in the near future.
British brewer SABMiller on Wednesday rejected a US$103 billion takeover offer from Anheuser-Busch InBev, leaving the world's biggest maker of beer to decide whether to return with a fourth bid.
To mark World Sight Day, Alcon Taiwan and Ophthalmological Society of Taiwan (TOS, 中華民國眼科醫學會) launched a campaign titled "Enhancing Sight, Enhancing
Wednesday, October 7, 2015
Shares of Samsung Electronics closed up 8.7 percent, its biggest daily gain since January, 2009. Expectations that Samsung would dole out some of its cash to shareholders through a share buyback help fuel the rise.
The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.