International Edition


October, 24, 2016

Breaking News, World News and Taiwan News.
About Us
Contact Us
Business Topics
  Asia    Americas    Europe
  Middle East    Africa    Company Focus    CEO Talks    
Business > Global Markets
Retail sales in the United States fell in August, ending the summer on a weak note after having plateaued in July, according to Commerce Department data released Thursday.
Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on buying interest while warnings of an extended oil glut sank energy firms.
Hermes said Wednesday its net profit shot up 13 percent in the first half of the year, defying stagnating sales in much of the luxury sector, and scoring a record profit margin.
Europe's main stock markets struggled higher Tuesday as investors contemplated the U.S. interest rate outlook, after a mixed session in Asia and gains on Wall Street.
World oil prices slumped on Tuesday as the International Energy Agency (IEA) warned that a global supply glut would last six months longer than thought.
The U.S. dollar retreated Tuesday as traders rowed back their bets on a September U.S. interest rate hike after a top Federal Reserve official cautioned against moving too early.
Global stocks decline on   prospect of US rate hike
European stock markets slumped on Monday, mirroring a slide across Asia caused by the prospect of a U.S. interest rate hike as early as this month.
Oil prices dived again Monday on a pick-up in drilling and a strong U.S. dollar, as speculation swirled that the Federal Reserve could hike interest rates as soon as this month.
The U.S. dollar's rally against the euro and yen hit a wall Monday, but it rose against other Asia-Pacific currencies on renewed speculation that the Federal Reserve will hike interest rates this month.
Shares in Taiwan on Saturday extended their losses from the previous session, closing down more than 110 points as investor sentiment was hurt by growing fears of an interest rate hike by the U.S. Federal Reserve, dealers said.
1   2   3   4   5   6   7   8   9   10    <   Prev    Next   >
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search