Friday, October 10, 2014
The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's September meeting that dampened expectations for an early interest rate hike.
Oil prices bounced from multi-month lows in Asia Thursday, lifted by an equities rally and a weaker dollar as minutes from the U.S. Federal Reserve's latest policy meeting indicate it may keep interest rates at record lows longer than expected.
Thursday, October 9, 2014
The World Bank's top chief financial officer Bertrand Badre gave up a controversial US$94,000 bonus after a staff uproar over the issue, officials said Tuesday.
Global stocks sagged Wednesday as pessimism about global growth spread following a decline on Wall Street overnight and a strengthening yen, which dampened prospects for export-oriented Japan.
Oil prices fell further to multi-month lows in Asian trade Wednesday on demand concerns after the International Monetary Fund (IMF) cut its the global economic growth forecasts, analysts said.
The dollar clawed back most losses on Wednesday in Asia after it slumped in response to the International Monetary Fund (IMF) cutting its growth forecast for the global economy.
Wednesday, October 8, 2014
The International Monetary Fund (IMF) upgraded its outlook for the United States Tuesday, highlighting its crucial role again as the growth leader among advanced economies as the eurozone and Japan sag.
The International Monetary Fund (IMF) on Monday urged changes in sovereign bond contracts as Argentina remained mired in a U.S. court battle with “vulture funds” years after its massive debt restructuring.
Global stocks were mostly lower Tuesday after Wall Street edged down and the World Bank trimmed its Asian growth forecast.
The dollar's rally against the yen fizzled in Asian afternoon trading on Tuesday as the Bank of Japan held off launching fresh monetary easing measures, despite its less-optimistic tone on the economy.