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Wednesday, July 22, 2015
The U.S. dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations the U.S. Federal Reserve will raise interest rates this year.
Oil prices fell further in Asia Tuesday, with U.S. crude falling below US$50 a barrel as demand for the dollar-priced commodity takes a hit from a strong U.S. currency, analysts said.
Monday, July 20, 2015
Five years after the U.S. Obama administration promised to move swiftly to permanently plug unused oil and gas wells in the Gulf of Mexico, even more shafts are lingering for longer periods with only temporary sealing, an investigation by The Associated Press shows.
Sunday, July 19, 2015
Weakening demand will lead to an almost 10 percent drop in notebook computer shipments in the world this year, according to Taipei-based market research group Digitimes Research.
Saturday, July 18, 2015
The Chinese stock market is experiencing a terrifying freefall, and Greece is teetering on the brink of financial collapse.
World stock markets were uneven Friday as Europe's rally faded while most Asian indexes advanced, led by a jump in Chinese shares, after strong U.S. earnings.
The American dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese stock markets eased, while investors bet on a near-term U.S. interest rate hike.
Oil prices edged up Friday but gains were tempered by ongoing concerns about a global supply glut and a pick-up in the strength of the American dollar.
Friday, July 17, 2015
Asian markets rose Thursday as Greek MPs voted in favor of an austerity-laden bailout package.
Asian markets rose Thursday as Greek MPs voted in favor of an austerity-laden bailout package.
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