Tuesday, November 24, 2015
Oil prices fell in Asia on Monday, extending their slide as a stronger U.S. dollar and news that world stockpiles have reached a record high put pressure on futures.
Saturday, November 21, 2015
The U.S. dollar edged down for a second day against emerging market currencies in Asia Friday as dealers focus on the pace of the expected rise in U.S. interest rates.
World stock markets drifted Friday, as enthusiasm faded over the U.S. Federal Reserve's hint that interest rate increases will be gradual.
Oil prices were higher in Asia Friday, but gains were limited in a market burdened by a persistent oversupply.
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Friday, November 20, 2015
Asian stocks and emerging market currencies rallied Thursday after minutes from the U.S. Federal Reserve showed growing confidence in the U.S. economy, ramping up the chances of a December interest rate hike.
The U.S. dollar eased from seven-month highs against the euro Thursday as risk appetite was boosted by an upbeat outlook in the U.S. economy and dealers bet an expected Federal Reserve interest rate hike will be slow.
Thursday, November 19, 2015
U.S. President Barack Obama on Wednesday demanded mainland China end artificial island building in the hotly contested South China Sea, upping the pressure on Beijing at a regional leaders' summit.
Aggressive action to fight climate change will be a boon for businesses in Asia and beyond, U.S. President Barack Obama is asserting as he reaches for a global climate change agreement he hopes will burnish his environmental legacy.
A compromise struck by the United States, Japan and several other major nations will restrict export financing to build coal power plants overseas, but not eliminate it completely.