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May, 27, 2016

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Business > Global Markets
Panama Papers database on shell companies goes online
The public gained its first access to the Panama Papers records of over 200,000 secret offshore companies Monday when the International Consortium of Investigative Journalists put a searchable database up online.
 
Tech eyes digital life beyond smartphone
The smartphone revolutionized how people live and work, but the technology world is now struggling to see what comes next.
 
Crude prices extended gains in Asia Monday as raging wildfires hit production in Canada, while traders digested news that Saudi Arabia had replaced its oil minister.
 
European and Asian stock markets mostly retreated on Friday, as investors awaited key U.S. jobs data for clues on the outlook for interest rates in the world's biggest economy.
 
The American dollar held its gains Friday as dealers await U.S. jobs data as Japan's prime minister left open the door for a market intervention to tame the soaring yen.
 
Crude prices fell Friday as traders awaited closely watched U.S. jobs figures that could provide clues on the health of the world's biggest oil consumer and direction of interest rates.
 
German Chancellor Angela Merkel and Japanese Prime Minister Shinzo Abe on Wednesday disagreed on how best to kick-start the global economy ahead of a G-7 meeting this month.
 
Oil prices climbed in Asia Thursday with Brent breaching US$45 a barrel following a fall in U.S. production while raging wildfires threatened to cut Canadian output.
 
The U.S. dollar strengthened against the yen in Asia Thursday as upbeat U.S. data and speculation of a Japanese intervention helped cement gains from talk of a Federal Reserve interest rate hike next month.
 
Asia extended a global stock market sell-off Wednesday following sharp losses in New York and Europe as fresh fears over the global economy sparked a flight to safe investments.
 
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