Thursday, September 18, 2014
Americans, Japanese and many Europeans aren't sold on the benefits of trade. They doubt that global economic ties create jobs or raise wages, an international survey conducted by the Pew Research Center shows.
World stock markets were mostly higher Wednesday, buoyed by hopes that the Federal Reserve will not speed up plans to raise interest rates. A rally on Wall Street increased buying incentives, as well as a feeling that the Fed would fail to announce a significant policy shift.
The dollar held steady in Asia on Wednesday as investors await the outcome of a U.S. Federal Reserve meeting later in the day.
Oil prices fell in Asia Wednesday as dealers squared positions following sharp gains in the previous session that were stoked by indications the OPEC cartel will cut its production target next year.
Wednesday, September 17, 2014
The Organisation for Economic Cooperation and Development (OECD) on Tuesday put forward new proposals it said would “change the rules of the game” for companies which avoid paying huge amounts of tax by exploiting international loopholes.
Global stock markets were mostly lower Tuesday as jittery investors played it safe ahead of a potentially pivotal U.S. Federal Reserve meeting and the referendum on Scotland's independence on Thursday.
The dollar picked up in Asia on Tuesday ahead of a U.S. central bank policy meeting, with investors looking for signs of an earlier-than-expected interest rate hike.
Oil prices were mixed in Asia Tuesday following weak economic data from top energy consumers the United States and China, and as dealers await a key U.S. Federal Reserve meeting.
Tuesday, September 16, 2014
Loose monetary policies have created an “illusion of permanent liquidity” that is spurring investors to make risky bets and push up asset prices, the Bank for International Settlements said Sunday.
World stock markets sank Monday on weak Chinese economic data as investors looked ahead to a U.S. Federal Reserve meeting and Scotland's independence referendum.