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Wednesday, May 6, 2015
Oil prices drifted lower Monday, with the market lacking major news for direction as traders continued to worry about abundant global supplies of crude oil.
Tuesday, May 5, 2015
World stock markets were mostly higher Monday after Wall Street rebounded and China's leaders promised to shore up slowing growth.
The dollar extended gains against the euro in Asia on Monday ahead of the release of a closely watched report on the U.S. labor market, analysts said.
Oil prices fell in Asia Monday as dealers eyed lackluster manufacturing data from China, which raised concerns about weak demand from the world's top energy consumer, analysts said.
Saturday, May 2, 2015
Japan inflation up as BOJ keeps policy unchanged
Japan's core inflation rate edged up in March and unemployment eased slightly, according to data released Friday, offering glimmers of promise for the world's No. 3 economy as it struggles to get growth back on track after years of stagnation.
LinkedIn accompanies Twitter in post-earnings tumble
Dumping social media stocks that show any sign of weakness is trending on Wall Street.
The British stock market pulled lower in subdued opening trade on Friday, with most of Europe shut for the May Day public holiday.
The euro held steady Friday after surging in New York on encouraging economic data in the eurozone, including a welcome pick-up in prices and stronger-than-expected growth in Spain.
Figures released on Thursday by International Data Corporation (IDC) showed that the global tablet market continued to slump in the recently ended quarter.
Oil prices edged down on Friday after another rally that came on the back of the first drop in U.S. stockpiles for six months as well as a weaker dollar.
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