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Saturday, October 11, 2014
The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF warning of possible eurozone recession exacerbated concerns about the global economy.
Brent oil dived to a four-year low point on Friday, extending this week's sharp falls on global economic fears and plentiful crude supplies, analysts said.
The EU said Thursday a new political and economic accord with Kazakhstan, a key member of Russia's rival economic bloc, will help bolster security in an unsettled region.
Friday, October 10, 2014
Global stocks markets were mostly higher Thursday after Wall Street had its best day this year and the U.S. Federal Reserve signaled it will keep interest rates low.
The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's September meeting that dampened expectations for an early interest rate hike.
Oil prices bounced from multi-month lows in Asia Thursday, lifted by an equities rally and a weaker dollar as minutes from the U.S. Federal Reserve's latest policy meeting indicate it may keep interest rates at record lows longer than expected.
Thursday, October 9, 2014
The World Bank's top chief financial officer Bertrand Badre gave up a controversial US$94,000 bonus after a staff uproar over the issue, officials said Tuesday.
Global stocks sagged Wednesday as pessimism about global growth spread following a decline on Wall Street overnight and a strengthening yen, which dampened prospects for export-oriented Japan.
Oil prices fell further to multi-month lows in Asian trade Wednesday on demand concerns after the International Monetary Fund (IMF) cut its the global economic growth forecasts, analysts said.
The dollar clawed back most losses on Wednesday in Asia after it slumped in response to the International Monetary Fund (IMF) cutting its growth forecast for the global economy.
  
  
  
  
  
  
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