Saturday, May 25, 2013
European stock markets rebounded modestly on Friday, following sharp losses suffered the previous day, failing to record bigger gains despite positive German economic data.
Yen trading was volatile in Asia on Friday in tandem with wild swings on the Tokyo stock market, but some analysts said the Japanese currency's weakening trend was likely to continue.
Global oil prices fell on Friday in quiet trading as dealers awaited U.S. economic data, analysts said.
Friday, May 24, 2013
Chinese computer maker Lenovo Group Thursday announced a jump in net profit for the financial year of 34 percent, despite the slowing PC market.
Ford announced Thursday it would stop making vehicles at its unprofitable Australian plants in 2016 and ax 1,200 jobs, ending an era that began in 1925 with the legendary Model T.
Shares in Taiwan took a beating to close below 8,300 points Thursday amid fears that the U.S. Federal Reserve will make an early exit from its current quantitative easing after sending mixed messages on the issue, dealers said.
TUV Rheinland is launching a new test mark worldwide that is unique in the testing sector in both form and function. New features, such as QR code functionality, further improve transparency regarding the tested products or systems.
South Korea's Samsung Electronics said Thursday its latest flagship Galaxy S4 had become its fastest selling smartphone to date, topping 10 million units globally less than a month after its debut.
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Apple has asked a federal judge in Silicon Valley to add Samsung's new flagship Galaxy smartphone to the list of devices targeted in a patent lawsuit involving Siri personal assistant software.