Tuesday, November 26, 2013
World stocks rose and oil prices fell Monday after world powers and Iran reached a deal on the country's nuclear program and as Wall Street was set to add to its seven weeks of gains.
The yen sank to a six-month low against the dollar in Asia Monday as a generally upbeat outlook led dealers into higher-yielding investments, with the euro hitting a four-year high thanks to upbeat German data.
Oil prices sank Monday as a nuclear deal between Iran and six world powers made it more likely that the sanctions choking Iranian oil exports will eventually be lifted.
Monday, November 25, 2013
Behind the eye-popping aircraft deals — Boeing received over a US$100 billion in orders at last week's Dubai air show — it is in large part the engine makers who are driving the mega sales say experts.
Saturday, November 23, 2013
World shares were set to end a volatile week on a positive note on Friday and the dollar reached a 4-month high against the yen as worry dissipated about an end to the Federal Reserve's stimulus.
The dollar eased against the yen in Asian afternoon trade Friday after getting a boost on strong US jobs data, which bolstered speculation the Fed will soon begin a rollback of its monetary easing scheme.
Oil fell to near US$95 a barrel Friday as investors waited to see if Iran will get sanction relief in exchange for curbing its nuclear program.
Friday, November 22, 2013
Cars that run on hydrogen and exhaust only water vapor are emerging to challenge electric vehicles as the world's transportation of the future.
Microsoft on Friday releases its Xbox One game console, taking on Sony's PlayStation 4 in a battle for the hearts and minds of Internet-era home entertainment.
Global stock markets, except Japan, were in the red Thursday amid jitters over new signals from the U.S. Federal Reserve that it may cut monetary stimulus sooner than expected.