In the currency market, the USA dollar is trading in the mid 117 yen-range on Wednesday, down from Tuesday’s close in the upper 117-yen range in Tokyo.
Asian stock prices tumbled Wednesday after the IMF’s lower growth forecast added to anxiety over Wall Street turbulence and a weaker Chinese economy. The pain was felt widely with Australian stocks down 1.3 per cent and South Korea off 2.3 per cent. Chinese markets fared...
Oil markets will face oversupply of at least one million barrels a day for the third year in a row, according to a report by energy forecaster the IEA.
In an effort to fortify its foothold in the ride-sharing sector, General Motors has purchased San Francisco-based Sidecar Technologies Inc. and most of its assets.
The West Australian couple, aged in their 80s, moved to Burkina Faso in 1972 to set up the clinic in the town of Djibo in the country’s north. And when they came out they started a fire.
“In our view, today may not be the end of closures”. He added that closing stores was never easy, but it is a necessary thing to do in order to maintain the company positioned for its future.
Brent crude traded near a 12-year low in London, briefly dipping below $28 a barrel, after the lifting of worldwide sanctions on Iran paved the way for increased supply amid a global glut.
Forty-eight percent of respondents expected GDP growth this year to reach 6.25 per cent or less, while 35 per cent said the economy would increase between 6.25 and 6.75 per cent. Chinese shares picked up yesterday as the Asian giant confirmed that fourth-quarter growth met...
While major centres recorded significant to mild increases, China’s statistics bureau – the NBS – stated that prices increased in only 39 of 70 cities surveyed in December, a modest increase on the 33 level of November.
Amazon has revealed a range of further details on how it plans to deploy its next-generation delivery drones. Despite Amazon’s drones being created to operate efficiently in various environments, chances are they won’t be able to travel much more than 10 miles from...
Her quiet pragmatism struck a chord with voters, winning the presidency and helping secure a legislative majority for her Democratic Progressive Party, or DPP, which espouses independence from the mainland.
Lurie fired Chip Kelly after three years and wants a new coach who can make an emotional attachment with the players – a skill Kelly never mastered in Philadelphia.