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July, 1, 2016

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Business > Global Markets
E3 show heralds social and virtual future for video games
As the Electronic Entertainment Expo (E3) video game gathering wrapped Thursday, it was easy to envision a future of social play in virtual worlds with celebrity gamers broadcasting action.
 
Only a tiny fraction of climate change funding is going into small-scale solar, biogas and other off-grid systems that may be the best way to get power to the world's poorest, researchers say.
 
Asian stocks rose Friday after the previous day's sell-off and a rebound on Wall Street, while the killing of a lawmaker forced a suspension of campaigning for Britain's EU vote, which analysts said could benefit the "remain" camp.
 
Oil prices rebounded with share markets in Asia Friday following a six-session sell-off, with the dollar softening against most other currencies on easing concerns over Britain's EU future.
 
Asian and European markets sank Thursday after Federal Reserve boss Janet Yellen sounded a warning over a possible British exit from the EU, while the yen soared to a 22-month U.S. dollar high as the Bank of Japan refused to pump up its stimulus.
 
Oil prices sank for a sixth straight session Thursday in Asia, tracking a sell-off across equities with an expected pick-up in output adding to worries about the global economy and a weaker-than-forecast fall in U.S. stockpiles.
 
The dollar edged higher Wednesday as the U.S. central bank winds up its two-day policy meeting, but anxiety over the UK's vote on its future in the European Union hung over the market.
 
The dollar edged higher Wednesday as the U.S. central bank winds up its two-day policy meeting, but anxiety over the UK's vote on its future in the European Union hung over the market.
 
Oil prices tumbled again Wednesday as traders grow concerned about the chances of the UK leaving the European Union while news of a surprise jump in U.S. stockpiles followed a warning of an extended period of global oversupply.
 
The International Monetary Fund said Tuesday it had offered Angola US$4.5 billion in loans as the country, which was wracked by civil war until 2002, has been badly impacted by falling oil prices.
 
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