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Wednesday, November 18, 2015
Regional tensions, Paris attacks may eclipse trade at the APEC meeting
South China Sea tensions and security fears following the Paris terrorist attacks are overshadowing efforts by Pacific Rim leaders to hammer out deals this week to boost trade in a region of around three billion people.
Asian stock markets advanced strongly Tuesday, mirroring rallies in Europe and New York as the initial shock from the deadly Paris terror attacks wore off.
The euro hit a seven-month low against the U.S. dollar Tuesday after a key European Central Bank official reinforced expectations for further monetary easing while a pick-up in confidence gave support to emerging market currencies
Oil prices were mixed in Asia Tuesday as investors waited for data on U.S. crude stockpiles expected to further underscore a global supply glut.
Tuesday, November 17, 2015
Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply glut is likely to restrict any gains.
The euro fell against its major peers in Asia Monday as dealers shifted back to safer investments after the deadly weekend terror attacks in Paris reinforced concerns about the impact on the already struggling eurozone economy.
Sunday, November 15, 2015
Mainland China on Saturday welcomed backing from International Monetary Fund (IMF) experts that the yuan should be included in its reserve currencies, saying the move would strengthen the world's financial system.
Rare minerals are crucial to the manufacture of mobile phones, electronics and medical equipment, and a shortage could upset the global marketplace and spark wide-ranging financial instability, a study warned Friday.
Saturday, November 14, 2015
The International Monetary Fund (IMF) said Thursday that the U.S. Federal Reserve should delay raising interest rates until there are clear signs of a pickup in inflation.
The value of unregulated "shadow banking" rose to some US$80 trillion last year, according to a report Thursday by the Financial Stability Board, which advises G-20 states on banking reform and oversees regulation of the global financial system.
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