Wednesday, February 12, 2014
The dollar eased against the euro in Asian trade Tuesday as investors cautiously await US Federal Reserve chief Janet Yellen's inaugural testimony to Congress.
Tuesday, February 11, 2014
Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than US$970 million, to a Silicon Valley nonprofit in December.
Global stocks were mostly higher Monday as investors looked ahead to Janet Yellen's first comments before Congress as the new Federal Reserve chairwoman.
The dollar inched up in Asia Monday after a disappointing U.S. jobs report fuelled questions about the pace of the Federal Reserve's stimulus taper. The greenback rose slightly to 102.34 yen in afternoon Tokyo trade, from 102.30 yen in New York Friday.
Oil hovered near US$100 a barrel Monday on hopes that the U.S. economic recovery can be sustained despite January's poor payrolls report. Benchmark U.S. crude for March delivery was down 9 cents to US$99.79 a barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange. Oil gained US$2.04 to close at US$99.88 on Friday.
Saturday, February 8, 2014
Global stock markets were higher Friday in anticipation of a positive U.S. jobs report for January. In Europe, Germany's DAX stock rose 0.1 percent at 9,367.89 while the CAC 40 in France was also up 0.1 percent at 4,192.12. Britain's FTSE 100 edged up 0.1 percent at 6,565.42.
The dollar moved narrowly in cautious trade in Asia on Friday, ahead of U.S. jobs data that dealers hope will shed light on the health of the world's biggest economy.
The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.
Friday, February 7, 2014
New York state's financial regulator has demanded documents from more than 12 banks in the probe of foreign exchange market manipulation, a person familiar with the probe said Wednesday.
Australia's stock market and currency jumped Thursday after encouraging economic data while gains on other major world benchmarks were more modest as investors waited for key policy meetings in Europe and a major U.S. job report.