Wednesday, May 27, 2015
Oil prices gained slightly in subdued Asian trade Tuesday as dealers searched for fresh cues following public holidays in the United States and much of Europe.
The dollar powered to a fresh eight-year high against the yen on Tuesday, while the euro was weighed by growing concerns about Greece's bailout talks as a repayment deadline looms.
Tuesday, May 26, 2015
Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays.
Oil prices were mixed in Asia Monday as dealers awaited fresh U.S. economic data for clues about demand in the world's top crude consumer while gains were a resurgent dollar kept a lid on gains, analysts said.
The dollar held on to gains against other major currencies in Asian trade Monday after surging last week on a jump in U.S. core inflation.
Since the Foreign Investment Law was passed in 1987, Vietnam's construction sector has received US$11.5 billion for 1,196 foreign direct investment (FDI) projects. The law was passed a year after the Doi Moi (Renewal) policy was announced in 1986.
Saturday, May 23, 2015
Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while most other world markets were subdued Friday ahead of a speech by Federal Reserve chair Janet Yellen.
French energy group Total is to hand back one of its two shale gas licences in Denmark after disappointing test drilling results, the Danish Energy Agency said on Friday.
Friday, May 22, 2015
The sharp fall in the euro over the past year appears to be paying dividends by helping the eurozone deal with one of its major economic problems -- unemployment.