Wednesday, July 29, 2015
Oil prices fell further in Asia Tuesday after a plunge in Chinese stocks jolted global markets and added to fears about an oversupply of the commodity.
Tuesday, July 28, 2015
Shanghai shares on Monday suffered their biggest one-day decline in more than eight years, leading a broad Asian decline as they plummeted 8.48 percent and defied government efforts to prop up the market.
The U.S. dollar was under pressure Monday following weak U.S. housing figures, as traders await the start of the Federal Reserve's latest policy meeting.
Saturday, July 25, 2015
Asian markets mostly fell Friday following more downbeat Chinese data and another sell-off on Wall Street while the dollar edged up ahead of an expected U.S. interest rate rise.
Oil prices rose in Asia on Friday following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut.
The euro lost early gains in Asia on Friday after getting a boost from progress in the Greek debt crisis, while the dollar rose against most Asian currencies as investors bet on a U.S. rate hike this year.
Friday, July 24, 2015
Pearson PLC, the owner of the Financial Times, said Thursday it has agreed to sell FT Group to Nikkei Inc. for 844 million pounds (US$1.3 billion), payable in cash.
Asian markets mostly rose Thursday, with Tokyo lifted by a stronger dollar as investors position for an expected U.S. rate hike and Shanghai extending a recent rally to six sessions.
The euro traded higher against the dollar and the yen on Thursday as Greece's parliament passed legislation on reforms crucial to securing bailout funds from its creditors.
Oil prices were mixed in Asia Thursday, with West Texas Intermediate (WTI) stuck below US$50 a barrel after a rise in U.S. stockpiles added to concerns over a supply glut, analysts said.