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Friday, October 3, 2014
Lightly regulated “shadow banking” has grown to huge proportions in the global financial system and increasingly poses a risk to stability, especially in the United States, the International Monetary Fund (IMF) said Wednesday.
Global stock markets were lower on Thursday amid worries about the strength of U.S. and European recoveries and the first American case of Ebola.
The dollar lost more ground in Asia on Thursday after tumbling in New York following weak U.S. and European data that led to renewed concerns about the global economy.
Oil prices fell in Asia Thursday, pressured by concerns about a global supply glut and a stronger dollar, analysts said.
Thursday, October 2, 2014
Asian stocks were mixed Wednesday after Wall Street slid and Hong Kong braced for bigger pro-democracy protests.
The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string of generally upbeat U.S. data and expectations of more Bank of Japan (BOJ) monetary easing.
Oil prices rebounded in Asia Wednesday following sharp falls the day before, with a decline in U.S. consumer confidence and tepid data from China dampening buying sentiment.
Wednesday, October 1, 2014
Global stocks were mostly higher Tuesday after Wall Street declined.
The dollar dipped in Asian trade Tuesday after enjoying a recent rally, with investors awaiting the release of key U.S. data this week, while they are also keeping tabs on protests in Hong Kong that have shut parts of the city.
Oil prices turned higher in Asian trade Tuesday on expectations of upbeat economic data from the United States, the world's biggest economy, analysts said.
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