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Friday, May 1, 2015
The yen edged higher against the U.S. dollar Thursday after the Bank of Japan held fire on expanding its vast stimulus programme, but expectations for further loosening of monetary policy this year limited its upside.
British Airways-owner International Airlines Group said Thursday that it slashed its first-quarter losses on increased transatlantic business, cost controls and an ongoing recovery at its Spanish wing Iberia.
Thursday, April 30, 2015
Noting slower economy, Fed appears no closer to a rate hike
The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.
Wednesday, April 29, 2015
Asian stock markets were lower Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve's policy meeting.
The U.S dollar edged up Tuesday with investors focusing on a Federal Reserve policy meeting as expectations for a June interest rate hike fade.
Oil prices fell in Asia Tuesday after a senior Saudi official signaled that the world's top crude exporter has no intention of cutting production, despite a global supply glut, analysts said.
Tuesday, April 28, 2015
Deutsche Bank to drop locations, and streamline global operations
Deutsche Bank says its reorganization will mean spinning off its Postbank branches in Germany through a share offering, closing offices in some countries, and eliminating less profitable business at its investment banking division
The smart watch hype is at its peak as two of the world's largest tech giants and archrivals -- Samsung Electronics and Apple -- step up their efforts to gain the upper-hand in a new round in a battle for the wrist.
French IT services and consulting company Capgemini said Monday it was buying New Jersey-based IGATE for US$4 billion (3.7 billion euros), boosting its U.S.-generated business to 30 percent of its total activity.
Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week's U.S. Federal Reserve meeting.
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