Crude leaps in Asia
On Friday, crude went up in Asia after the USA fired dozens of missiles into Syria, responding to a chemical weapons attack on civilians…
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Many US states still struggle despite surging US economy
Even with the American economy boasting impressive job growth as well as domestic equity markets close to record peaks, a fragmented revival has left many US states struggling to close budget deficits almost a decade after the 2008 financial meltdown…
Ford will launch plug-in cars in China in 2018
Ford Motor Co announced its intention to launch a plug-in hybrid car in China next year as well as a fully electric sport-utility car in the next five years, as the high tech giant works toward electrifying most of its lineup in the world's number…
Aussie dives, Kiwi surges vs. greenback
On Thursday, the Australian dollar declined against the greenback, while the New Zealand dollar grew against its US counterpart, as financial markets were jittery after Wednesday’s mixed American data and ahead of a meeting between American President…
China housing ministry orders cities to adjust residential land supply
China's housing ministry has already called on the country’s cities with large unsold housing inventories to diminish or suspend land supply for residential housing…
Samsung will pay 80 million Yuan to Huawei over patent case
Samsung Electronics's mainland subsidiaries have been ordered by a Chinese court to pay up to 80 million Yuan to Huawei Technologies for patent infringement…
Asian stocks mostly decline with Trump-Xi meeting awaited
On Thursday, Asian stocks mostly eased, with traders eagerly waiting for the tone of summit talks with Chinese President Xi Jinping in Florida…
Crude prices sag on record American crude stocks
On Thursday, crude prices sagged, as record American crude inventories underscored that oil markets remain bloated, notwithstanding efforts led by OPEC to reduce output and spur prices…
Gold surges in Asia
On Thursday, gold ascended in Asia, as market participants parsed the latest Fed minutes for the pace of expected rate lifts and a weaker greenback backed demand…
Greenback is weighed by Xi-Trump summit nerves
On Thursday, the evergreen buck tumbled against a basket of crucial currencies, suppressed by worries over the impending US-China summit as well as geopolitical concerns…
British pound reaches day’s peaks
On Wednesday, the British pound gained to the day’s peaks after survey data, which revealed that surge in the dominant British service sector picked up to a three month peak in March…
British services activity reports strongest surge so far in 2017
Activity in the British service sector reported its strongest ascend this year…
