Saturday, February 7, 2015
The patriarch of South Korea's Hyundai Motor group and his heir-apparent have raised US$1.1 billion selling their stakes in its logistics arm, officials said Friday.
A record 3.3 billion passengers boarded planes last year, marking a jump of some 170 million passengers from 2013, the International Air Transport Association (IATA) said on Thursday.
The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency funding.
Oil prices extended gains in Asia Friday as volatile trading continued unabated, with dealers divided on whether the beaten-down commodity has bottomed out, analysts said.
Friday, February 6, 2015
Global stock markets faltered Thursday as the European standoff over Greece's international bailout intensified, tempering optimism from China's latest move to boost its economy.
Rupert Murdoch's media-entertainment giant 21st Century Fox reported Wednesday a surge in profits over the past quarter, helped by asset sales and strong cable television and film results.
Oil turned lower in Asia Thursday as an early rally fizzled out after the euro was hit by fresh concerns over Greece, further hurting demand in the face of an oversupply, analysts said.
Thursday, February 5, 2015
Asia extended a global stocks rally Wednesday while the euro held on to healthy gains as hopes grow that Greece will be able to hammer out a debt deal with its European partners.
Oil prices fell in Asia Wednesday following a three-day rally as dealers were divided on whether the commodity has bottomed out after a plunge of nearly 60 percent since June, analysts said.
The euro held its gains on Wednesday, the day after surging on growing optimism that Greece will hammer out a debt deal with its European partners and avoid a possible default.