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December, 10, 2016

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Shares in Taiwan closed below the 9,200- point level Friday as chip maker Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) and smartphone camera lens supplier Largan Precision Co. (大立光) failed to respond positively to their third-quarter results, dealers said.
World stocks mostly fell Thursday as weak Chinese data reinforced fears over the world's number two economy, while a spat between Britain's Tesco and Dutch giant Unilever hit sentiment in Europe.
Pound rebounds ahead of parliament Brexit debate
The British pound recovered Wednesday ahead of a parliamentary debate on Brexit, while Samsung faced further pressure after a major profits warning caused by its smartphone crisis.
Samsung Electronics scrapped production of its doomed Note 7 smartphone on Tuesday, sparking a fresh collapse in its share price, as global markets struggled to maintain an oil-fueled rally.
Contract theory earns pair Nobel prize in economics
Two U.S.-based academics won the Nobel Economics Prize on Monday for groundbreaking research on contract theory that has helped design insurance policies, executive pay and even prison management.
European stock markets held firm Monday as traders digested last week's volatile performance and eyed rising eurozone investor sentiment, dealers said.
US Treasury secretary calls on IMF to speak out about global economy
The United States called Saturday for the International Monetary Fund to speak out on crucial global economic matters, such as exchange rates, even if this made it unpopular.
Gold has gone gangbusters this year, rising with jitters about everything from a weak global economy to the possibility of a President Trump.
Markets track Wall St. rally after positive US data
Asian and European markets rose Thursday, while the U.S. dollar strengthened further on growing expectations the U.S. will hike interest rates by the end of the year.
A record mountain of debt held by governments and companies and widespread weakness in banks, especially in Europe and China, imperil the global economy, the International Monetary Fund said Wednesday.
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