Wednesday, December 31, 2014
Global stock markets were mostly in the red Tuesday as concern about Greek politics and the shaky Russian ruble dented confidence in the global economy.
Russian gas giant Gazprom said Monday it had taken complete control of the company behind the abandoned South Stream pipeline project, buying shares belonging to France's EDF, Italy's Eni and Germany's Wintershall.
Oil prices traded near five-year lows in thin year-end trade Tuesday, as analysts predicted further bearishness in the market owing to rising U.S. production despite a global supply glut.
The euro struggled at around more than two-year lows against the dollar in Asia on Tuesday as a brewing Greek political crisis fuels fears for the wider eurozone.
Tuesday, December 30, 2014
Global stocks were mostly higher Monday after a report that China will change banking rules in an apparent effort to boost lending and economic growth, while oil prices rebounded.
The euro edged up in Asia on Monday as lawmakers in debt-laden Greece embark on a final bid to elect a new president and avoid a snap election that could undermine its international bailout.
Oil prices rose in Asia Monday as fresh violence in Libya stoked concerns about possible supply disruptions, analysts said.
Saturday, December 27, 2014
Asian markets were mainly flat Friday with trade quiet across the region as key markets remained closed for the Christmas holidays, but Shanghai soared to a four-year high as financial stocks surged.
The U.S. dollar traded in a narrow range with other major currencies during slow holiday trade in Asia Friday, but analysts said the unit had more room to gain on the yen in 2015.
Hyundai Motor Group is expected to raise its global sales target to 8.4 million vehicles in 2015 worldwide despite worries about a weaker Japanese yen and slowing sales in emerging markets.