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Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Dollar Weakens as Muted Prospects for Fed Rate Hike Boost Gold
August 10th, 2016
Bonds gain as odds of a 2016 U.S. rate increase stay below 50% Asian stocks near one-year high as Hang Seng Index climbs The dollar weakened on speculation the Federal Reserve will be slow to raise interest rates amid ...
Oil prices: OPEC may finally take action if crude’s slide continues
August 9th, 2016
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
Volkswagen AG models face sales suspension; fresh blow to the German automaker
August 4th, 2016
South Korea has suspended sales of most Volkswagen AG models in a fresh blow to the German automaker as it struggles to overcome the global repercussions of its emissions-test cheating scandal and rebuild its tattered image. The government revoked ...
Asia trades higher; Japanese stocks waver amid yen strength
August 4th, 2016
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...
North Korea’s only foreign-founded law firm suspends operations
August 3rd, 2016
North Korea’s first and only law firm set up by a foreigner, Hay, Kalb & Associates, will suspend operations, the firm’s principal said in a statement on, as the country grows increasingly isolated. The firm is a joint venture ...
Oil rises after month of steady decline but oversupply still weighs
August 1st, 2016
Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the market remains dogged by a crude glut, a flood of refined products, and an economic slowdown. Brent ...
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
