Wednesday, March 25, 2015
Shareholder payouts from S&P 500 companies hit unprecedented levels in 2014, thanks to record cash levels, according to a report Monday from S&P Dow Jones Indices.
Oil prices fell in Asia Tuesday following disappointing manufacturing data out of top energy consumer China, and as dealers await fresh U.S. economic figures, analysts said.
U.S. dollar demand stalled on Tuesday after the vice chairman of the U.S. Federal Reserve suggested interest rates would rise more slowly than expected, while the euro won support from hopes for a Greek deal.
Tuesday, March 24, 2015
Oil producers outside OPEC must cooperate to boost falling crude prices as the cartel refuses to take responsibility alone, Saudi Arabia's oil minister has said.
Continued exchange-rate flexibility and limited market intervention on the rupiah could create a safety buffer for Indonesia ahead of the global financial shocks likely to occur this year, the International Monetary Fund (IMF) has advised.
A company in Gansu province that discharged waste water in the Tengger Desert has been shut down and fined 3 million yuan (US$484,000), officials have revealed.
Asian stock markets mostly rose while Europe declined on Monday following Wall Street's gains amid expectations global central banks will hold off raising interest rates.
Oil prices fell in Asian trade Monday after Saudi Arabia said it was pumping more oil, exacerbating a global supply glut, analysts said.
The euro inched lower Monday ahead of more talks aimed at solving Greece's debt crisis, as investors eye a slate of speeches by Federal Reserve officials for further clues about the timing of an interest rate hike.
Monday, March 23, 2015
Turkey has staked a claim to become a major transit hub with two new pipelines to pump gas from Azerbaijan and Russia to Europe, but boasting may prove easier than fulfilling the ambitious projects.