Friday, May 29, 2015
Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden Thursday to seek ways of boosting global growth, while the Greek crisis also cast its shadow over the talks.
Chinese shares dived Thursday after big gains in the past three months and other global stock markets were mostly lower as a deadline neared for cash-starved Greece to make a debt payment.
The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations for a U.S. interest rate hike and more monetary easing from Japan's central bank.
Oil prices rose in Asia Thursday on expectations that the latest U.S. stockpiles report will show a further dip in crude reserves as traders worry about a global oversupply, analysts said.
Thursday, May 28, 2015
Asian stock markets were ruffled Wednesday by Greece's impending cash crunch and expectations the Federal Reserve will raise interest rates this year for the first time in almost a decade. But Europe and U.S. futures traded higher.
The U.S. dollar was sitting around eight-year highs against the yen Wednesday following upbeat U.S. data, while the euro came under further selling pressure over growing fears Greece will default on its debt obligations.
Oil prices rose in Asia Wednesday on bargain-hunting following sharp falls in the previous session triggered by a strong U.S. dollar and continued concern over the global supply glut, analysts said.
Wednesday, May 27, 2015
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A series of anonymous telephone threats against commercial airliners Monday, possibly from the same source, prompted searches of at least two planes at Kennedy Airport and nearly interrupted a third flight from the United Kingdom, authorities said.
Major Asian markets mostly rose Tuesday, with Hong Kong and Shanghai leading the way, while Tokyo marked an eighth straight gain to a 15-year high.