Thursday, November 27, 2014
OPEC needs non-cartel members to help address an oil supply glut that is set to grow next year, Iran's oil minister said here Wednesday.
World stock markets mostly rose Wednesday as stronger U.S. growth offset a less rosy outlook for China.
The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed U.S. economic data, while Japan's top central banker raised concerns about its weakness.
Oil prices were mixed in Asia Wednesday as speculation swirls that the OPEC oil cartel will maintain output at this week's closely watched meeting despite a global supply glut.
The Tokyo Stock Exchange (TSE) has indefinitely shelved plan to hold a two-hour evening session, which was being considered as a way for the bourse to better compete with rivals in Europe and the United States.
Wednesday, November 26, 2014
Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded while European markets were higher as investors awaited economic data.
The yen rose in Asia on Tuesday after the head of the Bank of Japan (BOJ) indicated concern about the negative impact of its recent weakness on the country's struggling economy.
Oil prices were mixed in Asia Tuesday as dealers bet that the OPEC cartel is unlikely to agree on any cuts at a key output meeting this week, analysts said.
Egypt is speeding up talks with neighboring Cyprus to import natural gas for its domestic use and for possible re-export to other countries, the Egyptian petroleum minister said Tuesday.
Tuesday, November 25, 2014
An Economics Daily News report yesterday suggested that TSMC (台積電) has won a decisive victory in the battle against Samsung to secure 80 percent of contract manufacturing order volumes for Apple's upcoming A9 processor.