Tuesday, April 21, 2015
European markets opened higher Monday as investors shrugged off concerns about mainland China's slowing economy that battered Asian stocks earlier in the day.
The euro dipped Monday on fears about a Greek default, as tense talks between Athens and its international creditors lumber along with no breakthrough in sight.
Oil prices rose in Asia Monday, fueled by sustained unrest in the crude-rich Middle East, while also gaining support on hopes that declining U.S. production will ease a global supply glut, analysts said.
Monday, April 20, 2015
Middle-income economies must increase social spending if they wish to reach the income level of developed countries and end extreme poverty, the president of the World Bank said in an interview published on Sunday.
Investors' sentiment toward the local economy has been affected by a slower pace of growth in the global economic recovery pushing down the April economic optimism index, according to Cathay Financial Holding Co. (國泰金控).
Saturday, April 18, 2015
The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.
Europe's main stock markets fell further on Friday as investor worries intensified over the plight of Greece, analysts said.
The U.S. dollar sank further in Asia on Friday as another round of disappointing U.S. data cast further doubt on the chances of a mid-year Federal Reserve interest rate hike.
World oil prices dropped Friday as investors locked in profits following a six-day rally, with a rise in OPEC's output in March also adding to downward pressure, analysts said.
Friday, April 17, 2015
Rising corporate profits and a jump in oil prices helped push the stock market to a modest gain on Wednesday.