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Wednesday, March 4, 2015
South Korea's inflation hit its lowest level in more than 15 years in February owing to slumping oil prices, state data showed Tuesday, fuelling concerns about deflation in the country.
 > Korea
German retail sales, a closely watched measure of household confidence, rose strongly in January, official data showed on Wednesday.
Sharp shares dropped on Tuesday after a report said the struggling Japanese electronics firm will ask its key lenders for aid, as it eyes the closure of money-losing units.
Factory employment has been falling for more than a year in the workshop of the world as Chinese growth slows, and analysts expect more intervention by the central bank after its second interest rate cut in just three months.
 > China
Global stock markets were lackluster Tuesday despite a milestone for the Nasdaq as investors looked ahead to the release of China's growth target.
The dollar slipped Tuesday following mixed U.S. data, but it was sitting near a two-year high against China's yuan after Beijing cut interest rates at the weekend for the second time in three months.
Nasdaq tops 5,000, approaching record high
The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.
Tuesday, March 3, 2015
Japan's Sharp plunges on bank aid report
Shares in Sharp tumbled almost 10 percent Tuesday morning after a report said the struggling electronics maker will ask its two main lenders for aid, including a 150 billion yen ($1.24 billion) debt-for-equity swap, as it considers closing money-losing businesses.
Chinese retail powerhouse Alibaba Group said it has earmarked NT$10 billon to fund Taiwanese youth who want to build up a business on its e-commerce systems.
Environmental group Greenpeace said Monday it had suspended cooperation with paper giant Asia Pulp and Paper (APP) after an Indonesian farmer was allegedly beaten to death by guards linked to the company.
  
  
  
  
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