Saturday, March 7, 2015
British energy giant BP said Friday it would invest US$12 billion in gas fields in Egypt together with Russian-owned partner DEA, calling it a “vote of confidence” in the country.
Friday, March 6, 2015
Hong Kong and Shanghai markets sank in Asian trade Thursday after China set tepid 2015 economic and trade growth targets, while the euro fell to 11-year lows ahead of a key European Central Bank (ECB) meeting.
Oil prices climbed in Asian trade Thursday as signs that a refineries strike in the United States is weakening overshadowed a rise in U.S. crude stocks, analysts said.
The euro hit a new 11-year low on the dollar Thursday as investors waited for the European Central Bank (ECB) to announce details of its bond-purchase program.
Thursday, March 5, 2015
European stocks gained while Asian markets faltered Wednesday as investors looked ahead to U.S. economic data and China's announcement of its annual growth target.
The dollar eased against the yen on Wednesday as investors await a key U.S. jobs report later this week.
Oil prices were mixed in Asia Wednesday ahead of the release of a key U.S. supply report and as dealers eyed escalating violence in crude producer Libya, analysts said.
Wednesday, March 4, 2015
Shares in Taiwan pulled back Thursday as investors locked in gains they had built up in recent sessions, with selling focusing on the bellwether electronics sector, in particular semiconductor stocks, dealers said.
Forget about old economy and new economy. Everything is now part of the tech economy, a prominent U.S. research panel said Monday.
Global stock markets were lackluster Tuesday despite a milestone for the Nasdaq as investors looked ahead to the release of China's growth target.