Saturday, September 26, 2015
The U.S. dollar edged up against most currencies in Asia trade Friday after Federal Reserve chair Janet Yellen said she expects to hike U.S. interest rates before the year is over.
Oil prices edged up in Asian trade Friday following a decline in U.S. crude inventories, although heavier buying was tempered by expectations a return of Iranian crude into the market will further increase global supplies.
Friday, September 25, 2015
Asian traders shifted to safety Thursday with the U.S. dollar extending gains against emerging currencies as China concerns lingered ahead of a keenly awaited speech later in the day by U.S. Federal Reserve chief Janet Yellen.
Thursday, September 24, 2015
The Brazilian real closed at an all-time low Tuesday amid snowballing fears over a deepening economic crisis in the world's seventh-largest economy.
Wednesday, September 23, 2015
Comments from top U.S. Federal Reserve officials suggesting a U.S. interest rate rise is still likely this year pushed the U.S. dollar and Asian stocks higher Tuesday, as the Fed sought to ease concern about the state of the global economy.
The U.S. dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest rates within the year after deciding against a raise last week.
Tuesday, September 22, 2015
Oil prices rebounded in Asia Monday but analysts said they remain weighed by a crude oversupply and fresh worries about the world economy after the U.S. Federal Reserve decided last week against raising interest rates.
Global stock markets were uneven Monday after the Fed's decision to delay a rate hike added to pessimism about global growth prospects.
Mainland China and Britain will study linking the London and Shanghai stock markets, Britain's finance minister George Osborne said Monday despite weeks of plunging prices on the Asian exchange.
Monday, September 21, 2015
SEMI, the global industry association for companies that supply manufacturing technology and materials to the world's chip-makers, recently reported that worldwide semiconductor manufacturing equipment billings reached US$9.4 billion in the second quarter of 2015.