Friday, February 14, 2014
Oil fell back below US$100 a barrel Thursday as investors worried upcoming data would show weakness in the U.S. economy.
Thursday, February 13, 2014
Airbus on Wednesday received its first order of the year for its flagship A380 when leasing firm Amedeo signed an US$8.3 billion deal for 20 of the superjumbos.
Global stocks were higher Wednesday after the new head of the U.S. Federal Reserve vowed a continuation of low interest rates. Stronger Chinese trade figures and the shelving of another U.S. debt limit battle also boosted markets.
The dollar edged down against the yen in Asia Wednesday after climbing in New York in response to the new Federal Reserve chief's pledge to maintain the bank's monetary policy, while U.S. lawmakers agreed to raise the debt ceiling.
Oil prices rose in Asia Wednesday on strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up U.S. monetary policy.
Wednesday, February 12, 2014
Global stocks were higher Tuesday as investors waited for the new Federal Reserve chief's testimony to Congress, which might give clues to how quickly the U.S. central bank will withdraw its economic stimulus.
The price of oil slipped below US$100 a barrel Tuesday ahead of Congressional testimony by the U.S. Federal Reserve's new chief.
The dollar eased against the euro in Asian trade Tuesday as investors cautiously await US Federal Reserve chief Janet Yellen's inaugural testimony to Congress.
Tuesday, February 11, 2014
Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than US$970 million, to a Silicon Valley nonprofit in December.
Global stocks were mostly higher Monday as investors looked ahead to Janet Yellen's first comments before Congress as the new Federal Reserve chairwoman.