Monday, October 5, 2015
Plunging nickel prices and the market woes of world mining giants have shaken the French territory of New Caledonia, a tropical archipelago in the Pacific that is hostage to the metal's fortunes.
Long eclipsed by modern medicine, demand for aromatherapy with its sensual fragrances and soothing powers has surged as more people are attracted to natural products.
Saturday, October 3, 2015
The head of the World Bank, Jim Yong Kim, criticized companies dodging taxes Thursday, calling it corrupt behavior that ultimately hurts the poor.
Oil prices climbed in Asia Friday ahead of the release of a U.S. jobs report and as a hurricane threatened refineries on the U.S. east coast.
The U.S. dollar was little changed against most of its Asia-Pacific peers on Friday as foreign exchange dealers looked ahead to closely watched U.S. employment figures released later in the day.
Friday, October 2, 2015
Shares in Taiwan ended significantly higher Thursday, driven mainly by the electronics and financial sectors, dealers said.
The head of the International Monetary Fund (IMF) said Wednesday that global growth will likely be weaker this year as the world economy confronts a host of problems, including a refugee crisis in Europe, an economic slowdown in mainland China and a pending rise in U.S. interest rates.
World stocks rose Thursday after a mainland Chinese manufacturing index improved and buying appetite strengthened after substantial falls in stock prices in the past quarter.
Oil prices climbed in Asia Thursday, holding above US$45 a barrel following a fall in U.S. crude production, but concerns over excess global supplies and soft demand continued to cap gains.
Thursday, October 1, 2015
Climate change threatens global financial crises and long-term declines in wealth unless world leaders urgently seal a deal to limit it, the head of the Bank of England said on Tuesday.