Tuesday, October 6, 2015
Eurozone economic activity slowed more than first thought in September, a key business survey showed on Monday, adding to concerns over the outlook.
The World Bank on Monday cut its growth forecasts for developing economies in East Asia and the Pacific but allayed fears of a hard landing for mainland China's slowing economy.
Eurozone finance ministers on Monday meet for the first time since Greek voters re-elected leftist premier Alexis Tsipras, who now faces the daunting task of implementing the country's cash-for-reforms bailout deal.
Union activists protesting proposed layoffs at Air France stormed the headquarters during a meeting about the job cuts Monday, zeroing in on two managers who had their shirts torn from their bodies, scaled a fence and fled under police protection.
European satellite operator Eutelsat Communications and social media giant Facebook said Monday they are working jointly to deliver satellite broadband Internet to connectivity-hungry sub-Saharan Africa.
Asian equity markets were higher Monday after a weak U.S. jobs report fueled speculation that the world's number one economy is not ready for an interest rate rise any time soon.
Shares in mining giant Glencore soared in afternoon trade Monday in Hong Kong following reports of talks on selling its agriculture business, but the firm said it was unaware why its stock had risen so sharply.
The U.S. dollar faced selling pressure against major currencies but strengthened against most of its Asia-Pacific peers Monday as concerns over emerging economies remained strong despite an expected delay in Washington's rate hike.
Oil extended gains in Asia Monday as a decline in U.S. drilling pointed to a slowdown in production, but a weak job report in the world's top economy kept a lid on gains.
Monday, October 5, 2015
In the latest move to regain control in a hostile takeover, Siliconware Precision Industries Co. (SPIL, 矽品精密) told media yesterday that the Taiwan Stock Exchange would become "a disaster zone" if a local court ruled in favor of its acquirer.