Saturday, October 3, 2015
The U.S. dollar was little changed against most of its Asia-Pacific peers on Friday as foreign exchange dealers looked ahead to closely watched U.S. employment figures released later in the day.
Friday, October 2, 2015
Shares in Taiwan ended significantly higher Thursday, driven mainly by the electronics and financial sectors, dealers said.
The head of the International Monetary Fund (IMF) said Wednesday that global growth will likely be weaker this year as the world economy confronts a host of problems, including a refugee crisis in Europe, an economic slowdown in mainland China and a pending rise in U.S. interest rates.
World stocks rose Thursday after a mainland Chinese manufacturing index improved and buying appetite strengthened after substantial falls in stock prices in the past quarter.
Oil prices climbed in Asia Thursday, holding above US$45 a barrel following a fall in U.S. crude production, but concerns over excess global supplies and soft demand continued to cap gains.
Thursday, October 1, 2015
Climate change threatens global financial crises and long-term declines in wealth unless world leaders urgently seal a deal to limit it, the head of the Bank of England said on Tuesday.
Global stock markets bounced higher Wednesday, led by gains in Japan where investors were buoyed by expectations for more economic stimulus. But most stock benchmarks have lost ground for the quarter, weighed down by the prospect of higher U.S. interest rates and weak growth in many major economies.
Asian currencies from the South Korean won to Malaysian ringgit strengthened against the U.S. dollar Wednesday with confidence returning to trading floors as regional equity markets recovered after a global rout.
Oil prices retreated in Asia Wednesday as traders focus on a U.S. crude stockpile report, a day after growing concerns over mainland China's economy sparked a massive sell-off in shares of commodity firms.
Wednesday, September 30, 2015
Resources firms led by mining giant Glencore headed a deep sell-off in Asian markets Tuesday following painful losses across Europe and New York as fears about mainland China's slowing growth resurfaced.