Tuesday, March 24, 2015
Oil prices fell in Asian trade Monday after Saudi Arabia said it was pumping more oil, exacerbating a global supply glut, analysts said.
The euro inched lower Monday ahead of more talks aimed at solving Greece's debt crisis, as investors eye a slate of speeches by Federal Reserve officials for further clues about the timing of an interest rate hike.
Monday, March 23, 2015
Turkey has staked a claim to become a major transit hub with two new pipelines to pump gas from Azerbaijan and Russia to Europe, but boasting may prove easier than fulfilling the ambitious projects.
Saturday, March 21, 2015
Stock markets in Asia and Europe were mostly higher Friday after a slide in oil prices drove a Wall Street decline.
The euro ticked higher Friday after Greece promised to provide its creditors with a new list of reforms to secure crucial bailout cash and avoid an exit from the eurozone.
Oil prices were mixed in Asia Friday, with analysts warning of further downward pressure owing to a global oversupply and a strong U.S dollar.
The head of the Bank of Japan (BOJ) on Friday acknowledged that Tokyo's attempt to conquer years of deflation had been “very challenging,” but said it was a key test case for other central banks.
Friday, March 20, 2015
Vietnam-based budget airline VietJet said Thursday that it will offer 4,000 NT$15 (US$0.4) one-way tickets on its route between Taipei Taoyuan International Airport and Ho Chi Minh City to celebrate a new domestic air link in the Southeast Asian country.
Global stocks were mostly higher Thursday, but Tokyo's market slumped over a U.S. Fed statement overnight that reversed the recent trend for a strong dollar, while other markets were cheered by a surge on Wall Street that followed.
The dollar struggled to recover Thursday after diving on comments from the U.S. Federal Reserve that cooled expectations of an early summer interest rate hike.