Wednesday, October 21, 2015
The U.S. dollar rose against emerging currencies Tuesday on renewed fears of a global economic slowdown and following comments from a top U.S. Federal Reserve official suggesting a U.S. interest rate rise could still come this year.
Oil prices rebounded in Asia Tuesday on bargain hunting ahead of a report on U.S. crude inventories, but the market remained weighed down by the slowing mainland Chinese economy and a global oversupply.
Tuesday, October 20, 2015
Worldwide semiconductor capital spending is projected to decline 1 percent in 2015, to US$63.9 billion, according to Gartner, Inc. This is a down from the 2.5-percent growth predicted in Gartner's previous quarter's forecast.
The U.S. dollar weakened against emerging currencies Monday as growth in mainland China's economy in the third quarter slowed to the weakest pace since the global financial crisis but still beat analysts' expectations.
Monday, October 19, 2015
A rare public split over monetary policy has thrown into question the U.S. Federal Reserve's plans to raise interest rates soon and left economic leaders and markets worldwide on edge.
Saturday, October 17, 2015
So many people have gone so long without buying a new personal computer that the industry's biggest players are trying something different: a quirky advertising campaign. The US$70 million marketing push aims to highlight how much better PCs have gotten since smartphones and tablets came along.
The U.S. dollar strengthened against almost all of its Asian peers Friday as investors await fresh U.S. data expected to lift the likelihood of a hike in key U.S. interest rates.
Friday, October 16, 2015
The Indonesian rupiah and Malaysian ringgit led an emerging market currency surge against the U.S. dollar in Asia Thursday, while stock markets also rallied after more weak U.S. data fueled hopes the U.S. Federal Reserve will delay an interest rate hike.
Oil prices diverged in Asia Thursday as a report showing increased production by the OPEC cartel bolstered expectations a supply glut will persist well into next year.
Thursday, October 15, 2015
Nearly a billion people worldwide still live on less than US$1.25 a day and a smart combination of social assistance and measures to boost farm output is key to reducing that figure, the U.N.'s Food and Agriculture Organization (FAO) said Tuesday.