Tuesday, March 11, 2014
The mood in financial markets steadied Monday despite earlier big losses in Asia following disappointing Chinese and Japanese economic data.
The yen rose in Asia Monday as tensions in Ukraine flared and the Bank of Japan (BoJ) starts a two-day meeting, with investors looking for signs of further monetary easing.
The price of oil fell below US$102 on Monday after a surprise drop in China's exports and weaker economic growth in Japan suggested demand for crude could weaken.
Monday, March 10, 2014
TThe market for micro processing units (MPUs) used in tablet computers worldwide is expected to grow 35 percent year-on-year in 2014 on solid demand for mobile communications devices, a research report said.
Saturday, March 8, 2014
World stock markets were muted Friday as investors turned cautious ahead of the release of a key U.S. employment report and Chinese economic indicators.
The dollar moved narrowly against the yen and euro in Asia on Friday as investors await U.S. jobs data later in the day for clues about the state of the world's largest economy.
Oil prices rose Friday as the Ukraine crisis took a new twist and expectations rose for a solid increase in U.S. employment.
Friday, March 7, 2014
Bitcoin is not a currency but transactions involving it could be "subject to taxation", Japan's government said Friday, in a move that might pave the way for formal regulations on the troubled virtual unit.
Shares rose ahead of a monthly policy meeting of the European Central Bank on Thursday as easing tensions in the Ukraine kept markets stable after their recent bout of volatility.
The U.S. dollar firmed in Asia on Thursday after a Federal Reserve report boosted optimism over the U.S. economy, while investors await a European Central Bank (ECB) policy meeting.