Thursday, December 4, 2014
The dollar crept towards 120 yen and a new seven-year high on Wednesday as a batch of encouraging U.S. data showed further improvement in the world's largest economy.
Oil rebounded in Asia Wednesday as dealers consolidated positions after a recent sell-off as they ahead to the latest U.S. crude stockpiles report for fresh leads, analysts said.
British department store chain John Lewis enjoyed record sales last week as Black Friday bargain-hunters snapped up tablet computers and televisions in the crucial run-up to Christmas, it said Tuesday.
Wednesday, December 3, 2014
World stock markets were mostly higher Tuesday but gains were kept in check by a cloudy outlook for the global economy.
The dollar held steady in Asia Tuesday after sliding on a rebound in oil prices, while the Russian ruble bounced back after its biggest one-day fall in 16 years.
Crude prices fell in Asia Tuesday but losses were curbed as dealers took a breather after days of sharp sell-offs following OPEC's decision to hold output levels despite global oversupply.
The global smartphone market will see cooler growth in the next few years, amid “cutthroat” competition that will bring down prices for many consumers, a market tracker said Monday.
Tuesday, December 2, 2014
World stocks mostly fell Monday. Germany's DAX shed 0.6 percent to 9,922.53 and France's CAC 40 dropped 1.1 percent to 4,343.60. Britain's FTSE 100 shed 1 percent to 6,656.39. Futures pointed to losses on Wall Street.
The dollar notched up further gains against the yen in Asia on Monday as investors embraced lower oil prices as a plus for the U.S. economy.
E.ON, Germany's largest power supplier, on Sunday announced the creation of a spin-off company as part of a major restructure that will allow it to focus more on renewable energy.