Friday, June 7, 2013
The U.S. dollar edged up against the yen in Asia on Thursday but downbeat U.S. economic news weighed on the unit, while the euro firmed ahead of a European Central Bank policy meeting.
Oil rose above US$94 per barrel Thursday on the heels of a big drop in U.S. oil supplies, but analysts didn't expect to see prices take off.
Thursday, June 6, 2013
Chrysler rejected Tuesday a U.S. safety agency's request to recall up to 2.7 million Jeep sport utility vehicles to fix a risk of engine fires that have left dozens dead.
After Acer and Asustek pulled back the curtains on new products the other day, Asus got a big round of applause from major foreign investors including Bank of America Merrill Lynch and Daiwa Securities.
A Kansas wheat farmer has sued Monsanto after news of the discovery of unapproved genetically modified wheat on an Oregon farm, alleging harm from falling wheat prices.
Apple was accused of being a “facilitator” and “go-between” of a publishing industry shift that led to higher e-book prices, in testimony on Tuesday in a U.S. antitrust trial against the firm.
Smartphone vendor HTC yesterday confirmed that its chief operating officer (COO) has left after almost three years on the job. The COO, Mathew Costello, who will return to Europe, has been replaced by Fred Liu, who was president of engineering and operations before accepting the new post.
Johnson & Johnson is conducting a voluntary recall of millions of oral contraceptive packages in 43 countries outside the U.S., but says there's a “very low” risk that the flawed tablets could cause unplanned pregnancies.
Asian markets fell Wednesday, taking a negative lead from Wall Street as data showed the U.S. trade deficit had widened, while Tokyo slumped again over a policy speech by Japan's prime minister.
The U.S. dollar fell against the yen in Asia on Wednesday after Japanese Prime Minister Shinzo Abe's speech on his growth strategy for the economy delivered few surprises.