Saturday, November 1, 2014
Japan's stock benchmark surged 5 percent to the highest level since late 2007 and the yen slid against the dollar Friday after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economy.
The yen plunged to a near seven-year low in Asia on Friday after the Bank of Japan (BOJ) said it would expand its already vast asset-purchasing program in a bid to kick-start the economy.
Oil prices fell in Asia Friday, pressured by a stronger dollar as dealers speculated over whether the will Federal Reserve lift interest rates sooner than later, analysts said.
Friday, October 31, 2014
British-based charity Oxfam issued a rallying cry against inequality on Wednesday with the release of its “Even it Up” report, which found that the number of billionaires had doubled worldwide since the economic crisis.
World stock markets mostly rose Thursday, taking in stride the Federal Reserve's announcement it will end a stimulus program that was as massive as it was controversial. The dollar strengthened after the U.S. central bank hinted at an eventual interest rate hike.
The dollar rose in Asia on Thursday as a slightly bullish turn by the U.S. Federal Reserve fuelled hopes for an early rise in U.S. interest rates.
Oil prices edged lower in Asia Thursday but losses were limited by a surprisingly upbeat assessment of the U.S. economy by the Federal Reserve, analysts said.
Thursday, October 30, 2014
Global stock markets swung higher Wednesday, cheered by a surge in U.S. stocks that were buoyed by solid earnings, while investors were also waiting for signs from the Federal Reserve on U.S. monetary policy.
The dollar was steady in Asia on Wednesday as traders eye the outcome of a Federal Reserve policy meeting later in the day.
Oil prices rose in Asia Wednesday as dealers await the outcome of a U.S. Federal Reserve meeting and the latest U.S. supply report.