Tuesday, November 25, 2014
Oil prices rose in Asia Monday before a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.
Shares in Intesa Sanpaolo leapt Monday following a report the Italian bank is mulling a bid for Coutts, the British private bank that counts Queen Elizabeth II among its clients.
Monday, November 24, 2014
Taiwanese flat panel manufacturers AU Optronics Corp. (AUO) and Innolux Corp. are likely to see their net profits rise thanks to the depreciation of the Japanese yen and a subsequent drop on the cost of importing raw materials from Taiwan's northern neighbor, according to business analysts.
DHL, the world's leading cross-border express services provider, announced the launch of a new intra-Asia flight, connecting the economies of Thailand, Vietnam and Hong Kong, as the latest enhancement to its Asia air network, according to a DHL press release.
As Japan slips into recession, South Korea is keeping an increasingly wary eye on its export rival's free-falling currency, which is honing a lasting competitive edge over Korean products in a number of key markets.
Taiwan's technical consumer goods market continued to decline in the third quarter of 2014 despite growth in home appliances sectors, according to German market research and advisory firm GfK Group.
New European Commission chief Jean Claude Juncker has made a 300-billion-euro investment plan a centerpiece of his five-year agenda, but days before a highly awaited unveiling doubts are rife that it can deliver.
“It's a great joy for Angolans,” says Luciano Manuel, nudging his trolley through a huge supermarket in the Angolan capital of Luanda.
When a Muslim cleric told Ahmad Salim that Sharia law forbids paying interest, he returned his days-old loan to the bank and turned to the fast-growing industry of Islamic finance.
The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output.