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Tuesday, July 15, 2014
The price of oil edged lower Monday after its biggest one-day drop since April on expectations Libyan oil will soon return to the market.
Monday, July 14, 2014
Aircraft makers gathering for the Farnborough air show this week look to build on already robust passenger plane sales, and Airbus may use the event to launch an upgrade of its A330 jet.
Although its diplomatic clout is compromised on several fronts, the United States still dictates its economic law around the globe and has even expanded its reach, at the risk of raising hackles.
Saturday, July 12, 2014
European stock markets rebounded Friday after slumping on worries about the soundness of a bank in Portugal, while trading in Asia was muted over the specter of more financial turmoil in Europe.
Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's largest listed bank revived fears about European debt.
The price of oil began to fall again on Friday, giving up most of the gains it had made the previous day in the first rally in two weeks.
The price of oil began to fall again on Friday, giving up most of the gains it had made the previous day in the first rally in two weeks.
Friday, July 11, 2014
Thanks to stronger-than-expected private consumption and foreign demand, Academia Sinica raised Taiwan's 2014 gross domestic product (GDP) growth forecast to 3.31 percent.
On the basis of data from international research institutes, Academia Sinica on Thursday said its forecast for the world's economic growth rate between 2014 and 2015 was much higher than the previous two years.
Global markets were mixed Thursday with a slight pickup in China's exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result.
  
  
  
  
  
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