Tuesday, January 6, 2015
The euro fell to a near nine-year low against the dollar in Asia Monday after the head of the European Central Bank (ECB) hinted that policymakers would unleash fresh easing measures to counter weakness in the eurozone.
Oil prices fell in Asia Monday as dealers await fresh leads from top crude consumer the United States, while analysts warned there are likely still further losses to come.
Monday, January 5, 2015
Seventy percent of the leaders of 30 major companies think the country's economy is moderately recovering, according to a Yomiuri Shimbun survey.
Saturday, January 3, 2015
World stock markets started 2015 on a positive note Friday as investors waited for cues from new economic data and central bank meetings in coming weeks.
Oil prices rose Friday in thin Asian trading during the first session of the New Year, as dealers welcomed a larger-than-expected drop in U.S. crude stockpiles, analysts said.
Friday, January 2, 2015
China's manufacturing growth dropped in December to its lowest level of 2014, an official survey showed Thursday, as the sector struggles with weak domestic demand.
An Dec. 30 statement by the Financial Supervisory Commission (FSC) said that Taiwan's banking sector saw profits of NT$305 billion (US$9.629 billion) over the first eleven months of last year, marking a new high and indicating the industry is in good health.
It was another great year for the stock market in 2014, but as is often the case the gains were not evenly distributed across industries.
United Microelectronics Corp. (UMC), the second largest contract chip maker in Taiwan, expects to use the approval of a large investment plan to capitalize on the growing semiconductor industry in China, market analysts said Thursday.
Wall Street Wednesday toasted another banner year, with U.S. equity markets finishing near all-time highs following a steady stream of improving economic data and investor-friendly monetary policy.