Wednesday, October 8, 2014
Global stocks were mostly lower Tuesday after Wall Street edged down and the World Bank trimmed its Asian growth forecast.
The dollar's rally against the yen fizzled in Asian afternoon trading on Tuesday as the Bank of Japan held off launching fresh monetary easing measures, despite its less-optimistic tone on the economy.
Oil prices fell in Asian trade Tuesday, but analysts said they were being supported by a weakening dollar while dealers await fresh trading cues.
Tuesday, October 7, 2014
After a year that's been awash with multi-billion dollar deals, the number and value of mergers and acquisitions looks set to return to pre-crisis levels over the coming 12 months, consulting firm EY said Monday.
Global markets were mostly higher on Monday on strong U.S. jobs data but some Asian markets were lower as investors looked to the U.S. Federal Reserve for signs of when it might raise interest rates.
Crude prices slipped Monday to multi-year lows owing to a build-up in supplies while the dollar rallied in response to a strong U.S. jobs report, as analysts warned of further losses.
Sunday, October 5, 2014
The World Bank's staff association has called for a meeting with President Jim Yong Kim citing a “climate of fear and confusion” and unhappiness over bonuses granted to select top officials.
Saturday, October 4, 2014
Global stocks were mostly higher Friday as investors looked ahead to U.S. data on jobs and factory output, while Hong Kong rose despite pro-democracy protests.
The dollar rebounded against the yen in Asian trade Friday after tumbling from a six-year high, as investors await the release of a key U.S. jobs report later in the day.
The cost of oil rose in Asia Friday ahead of the latest U.S. jobs report and after hitting multi-month lows a day earlier in response to key exporter Saudi Arabia cutting prices.