Wednesday, October 22, 2014
Sealing a global free trade deal would add US$11 trillion to the world economy and pull 160 million people out of poverty by 2030, economists said in a study published Tuesday.
Lufthansa pilots, on strike since Monday, extended their industrial action to include long-haul flights on Tuesday, grounding almost all inbound and outbound services at Germany's usually busy Frankfurt airport.
European stocks were higher and Asian markets meandered Tuesday as data showing China's economy growing at its slowest pace in five years offset another positive lead from Wall Street.
The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.
Oil prices were mixed in Asian trade Tuesday as caution returned after a weak rally spurred by upbeat industrial production data from China, the world's top energy consuming nation, analysts said.
Tuesday, October 21, 2014
Asian stock markets rose Monday, led by a 4 percent surge in Japan, after Wall Street's rebound eased nerves about the outlook for the world economy and investors looked ahead to a report on China's economic growth.
The dollar strengthened against the euro and yen in Asia on Monday, in line with a regional equities rally after a surge on Wall Street at the end of last week.
Oil prices rose in Asia Monday, lifted by a surge in equities following last week's sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.
Monday, October 20, 2014
The Seychelles on Friday sealed its entry to the World Trade Organization, the Geneva-based body whose 160 members set the rules of global commerce said Friday.
Enterprises raised almost NT$390 billion (US$12.83 billion) in funds in the local capital market for the first nine months of this year as the government reduced red tape to encourage companies to seek funds for future expansion, according to the Taiwan Stock Exchange (TWSE, 台灣證券交易所).