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Thursday, July 30, 2015
Shanghai stocks recovered Wednesday after plunging more than 11 percent in the past three sessions but there were mixed results for other Asian markets, with some unable to sustain a morning rally.
The U.S. dollar edged higher Wednesday as traders remained on edge after a China stock market plunge this week and as the Federal Reserve winds up a two-day meeting, with hopes of some guidance on its plans for raising interest rates.
Oil prices were down in Asia Wednesday as investors awaited the result of a U.S. central bank meeting and a closely watched report on crude inventories in the world's biggest economy.
Wednesday, July 29, 2015
Oil prices fell further in Asia Tuesday after a plunge in Chinese stocks jolted global markets and added to fears about an oversupply of the commodity.
Tuesday, July 28, 2015
Shanghai shares on Monday suffered their biggest one-day decline in more than eight years, leading a broad Asian decline as they plummeted 8.48 percent and defied government efforts to prop up the market.
The U.S. dollar was under pressure Monday following weak U.S. housing figures, as traders await the start of the Federal Reserve's latest policy meeting.
Saturday, July 25, 2015
Asian markets mostly fell Friday following more downbeat Chinese data and another sell-off on Wall Street while the dollar edged up ahead of an expected U.S. interest rate rise.
Oil prices rose in Asia on Friday following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut.
The euro lost early gains in Asia on Friday after getting a boost from progress in the Greek debt crisis, while the dollar rose against most Asian currencies as investors bet on a U.S. rate hike this year.
Friday, July 24, 2015
Pearson to sell FT to Nikkei for US$1.3 billion
Pearson PLC, the owner of the Financial Times, said Thursday it has agreed to sell FT Group to Nikkei Inc. for 844 million pounds (US$1.3 billion), payable in cash.
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