Tuesday, February 25, 2014
The dollar was range bound against other major currencies in Asian trade Monday as investors awaited key U.S. economic data due later this week for clues about the state of the world's largest economy.
The price of oil eased toward US$102 a barrel Monday, taking a pause in a six-week rally that has been supported by U.S. demand for heating oil amid prolonged cold weather.
Monday, February 24, 2014
The world's top economies vowed Sunday to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency about monetary policies after rifts over the U.S. taper.
The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to the measures.
Sunday, February 23, 2014
Australia on Saturday called for better advance notice of policy changes by central banks to avoid shockwaves for emerging economies, at a meeting of G20 finance ministers where rifts over U.S. monetary policy loomed large.
Saturday, February 22, 2014
The OECD on Friday warned declining global productivity will usher in a new and extended era of low growth unless there are major structural reforms.
Tokyo stocks led a rebound on Asian markets Friday, reversing losses in the previous session as regional bourses took their cue from Wall Street, which shrugged off disappointing economic data.
The dollar rallied against the yen in Asia Friday on the back of mixed U.S. data, while weak eurozone manufacturing pressured the euro.
The price of oil was little changed Friday, underpinned by demand stemming from arctic weather in the U.S.