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Friday, August 21, 2015
Another sell-off in Chinese stocks spread to global markets Thursday.
Oil prices in New York sagged to a new six-and-a-half year low Wednesday following data showing an increase in U.S. petroleum stocks.
The U.S. dollar was under pressure against the yen and euro in Asia Thursday after surprisingly bearish minutes from the U.S. Federal Reserve's last meeting dampened hopes for an imminent interest rate hike.
Thursday, August 20, 2015
The U.S. dollar broadly weakened on Wednesday before the release of minutes from the U.S. Federal Reserve's last meeting, which investors hope will offer fresh clues about the timing for an interest rate hike.
Oil prices fell in Asia Wednesday, giving up meager gains in the previous session as investors await a U.S. inventory report to gauge demand in the world's top economy.
Wednesday, August 19, 2015
Shares below 8,200 points as financials trend lower
Shares in Taiwan close below the 8,200 point mark Tuesday as the financial sector led the downturn of the broader market amid weak sentiment toward domestic economic growth, dealers said.
Oil prices slipped further in Asia Tuesday, weighed down by a strengthening dollar as concerns about weakening demand in mainland China added to expectations a global oversupply will last for years.
The U.S. dollar broadly rose Tuesday as strong housing data bolstered hopes for a U.S. interest rate hike, while the Thai baht slumped to a fresh six-year low after a deadly Bangkok bombing.
Tuesday, August 18, 2015
Taiwan shares drop to a 21-month low of 8213.42
Taiwan shares closed down 92.22 points at 8,213.42 on Monday, a record low in 21 months, after news of a much lower GDP growth forecast broke last Friday.
Oil prices resumed their decline in Asia Monday as a global glut of crude supplies showed no signs of abating in the face of sluggish demand, analysts said.
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