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Thursday, April 23, 2015
The euro drifted lower Wednesday on fears about a Greek debt default as mayors across the country lashed out at a government decree ordering them to hand over their cash reserves to help Athens pay its bills.
Oil prices fell in Asia on Wednesday after a Saudi-led coalition declared an end to four weeks of air strikes in Yemen and ahead of a key U.S. supply report.
Share prices of French luxury and sports clothing group Kering fell sharply in Paris Wednesday on news of disappointing first quarter performance by its Gucci unit.
Wednesday, April 22, 2015
Microsoft on Tuesday said it will open its first flagship store outside the United States in Sydney, as the technology giant expands its physical footprint to take on global rivals Apple and Samsung.
Swiss banking giant Credit Suisse said Tuesday a strong performance by its private banking unit helped first quarter net profit rise by 23 percent to 1.05 billion Swiss francs (NT$34.224 billion, US$1.1 billion), outstripping forecasts by analysts.
Asian markets on Tuesday followed a positive lead from Wall Street while the euro retreated as investors kept a cautious eye on Europe, where Greece is struggling to pay its debts.
The U.S. dollar ticked higher Tuesday despite comments from a Federal Reserve official that cast doubt on a mid-year interest rate hike, while Greece's bailout woes held back the euro.
Oil prices eased in Asia Tuesday as dealers weighed mainland China's fresh monetary stimulus against a supply glut in the United States, analysts said.
Tuesday, April 21, 2015
European markets opened higher Monday as investors shrugged off concerns about mainland China's slowing economy that battered Asian stocks earlier in the day.
The euro dipped Monday on fears about a Greek default, as tense talks between Athens and its international creditors lumber along with no breakthrough in sight.
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