Wednesday, May 22, 2013
Many flat panel module makers which specifically target North American markets are apparently pulling in orders as mobile phone panel supply remains tight this month, while the prices of flat panels for most other applications are expected to be stable in May.
Markets were fairly choppy Tuesday as investors were reluctant to push stock indexes up further ahead of a much-anticipated statement from U.S. Federal Reserve Chairman Ben Bernanke.
The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the U.S. central bank chief and the outcome of a policy meeting of the Japanese central bank.
The price of oil retreated toward US$96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.
Tuesday, May 21, 2013
Global branded tablet computer shipments will continue to rise in the second quarter of the year amid growing popularity, according to a local research firm.
Swedish fashion giant H&M is considering starting production in South America and Africa, chief executive Karl-Johan Persson told the Financial Times in an interview published on Monday.
Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday.
Optimism about global growth pushed world shares to a near five-year high on Monday, while debate about the future of the U.S. Federal Reserve's stimulus program extended gold's longest losing streak in four years.
The dollar eased in Asia on Monday after a Japanese minister said the recent correction against the yen was nearly over, but analysts said the greenback would soon resume its climb.
Oil prices were down in Asian trade Monday as investors locked in profits from last week's gains after U.S. stocks blazed to new record levels.