Tuesday, June 9, 2015
Chinese stocks jumped Monday as grim trade figures raised expectations that Beijing would step up stimulus measures. Other global stock benchmarks were mostly lower.
The American dollar held steady in Asia on Monday after soaring on a strong U.S. jobs report that sparked talk the Federal Reserve would move more quickly to raise interest rates.
Oil prices fell in Asia Monday after OPEC decided to maintain its high output levels, while traders were also weighing the possible return of Iranian supplies that have been curtailed by international sanctions against Tehran, analysts said.
The Sahara Group of jailed Indian tycoon Subrata Roy said Monday it had reached a deal with the UK's billionaire Reuben brothers to avert the sale of three luxury hotels overseas.
Monday, June 8, 2015
The leaders of Germany and the United States hammered home a tough line on Russia Sunday at the start of a G-7 summit dominated by crises in Ukraine and Greece.
Saturday, June 6, 2015
Greece's decision to bundle together its upcoming repayments to the International Monetary Fund roiled financial markets Friday as investors fretted over the possibility of a Greek debt default and the country's exit from the euro. U.S.
The euro lost ground Friday on uncertainty about Greece's future in the eurozone as it struck a last-minute deal to delay a debt repayment, but still faced several stumbling blocks to reaching a bailout reform agreement.
France's foreign minister on Friday said Paris was "firmly opposed" to any boycott of Israel as a row rages over telecom group Orange's decision to withdraw its brand from the Jewish state.
Oil prices rose in Asia Friday but gains were capped before a key meeting of the OPEC cartel, which is expected to maintain its current production levels despite an oversupplied global market.
Friday, June 5, 2015
Market fragmentation is still the main challenge to growth of the Internet of Things (IoT), according to the Open Interconnect Consortium (OIC), an Intel-backed industry group.