Result Page 67 for Latest Markets News & Archive

Markets

Beauty products are the next big thing in Korean export

While every country is struggling with their economy, Korea has found a new way to increase its growth. Through K-pop, Korean cosmetics will be one of the beauty products that every consumers will now use from different countries and in the coming future.

Sep 11, 2015 2:12 AM EDT

World

Europe milk over-supply makes it cheaper than water

Europe is selling milk cheaper than water. Because of the food embargo imposed by Moscow and the decreased demand of China, dairy farmers are struggling forcing them to sell their precious produce lower than their production cost.

World

Offshore Yuan drops as China steps back from market intervention

Offshore Yuan was rising on intervention of Chinese government and dropping, when the central bank restricting its support. As a result, Chinese currency is fluctuating in domestic and Hong Kong markets. The market intervention has resulted in huge drop in the country's forex reserves.

World

China economy concerns: It's overdone, says Goldman Sachs

Goldman Sachs assures investors that the global markets need not worry over the China's economy slowdown, currency devaluation or drop in manufacturing industry output as it's overdone already. China is growing at seven percent and this is enough to create new jobs and support the transition of economy from infrastructure-based to consumer spending based economy.

HTC is being removed from a major index on Taiwan’s stock exchange on September 21

HTC is being removed from Taiwan Stock Exchange FTSE TWSE Taiwan 50 index days after the company reported its lowest revenue in 8 years.

Sep 10, 2015 9:31 AM EDT

Kirin to purchase more stakes in Southeast Asian companies as it sees economic potential

Kirin, the leading Japanese brewery brand is seeking more stake purchase of Southeast Asian companies as the economic growth in the area continues to rise.

Sep 10, 2015 9:08 AM EDT

Bourbon SA Pulls Out 35 Vessels Due to Overcapacity, Widening Losses

Giant French ships supplier Bourbon SA pulls out 35 vessels from operation due to overcapacity in the market, which results to more losses.

Sep 10, 2015 8:42 AM EDT

Japanese stocks at a seven-year-high, 7.7% higher

Japanese stock market soared to a seven-year-high after Chinese economy stabilized. Japanese stocks went off the roof Wednesday as the country's Nikkei Index closed at 7.

Sep 10, 2015 8:40 AM EDT

The Investment Association Launches Major Crackdown on Executive Pay

Being one of UK’s most powerful shareholder groups, The Investment Association, has commissioned the Executive Remuneration Working Group to launch a major crackdown on soaring executive pay.

Sep 10, 2015 8:29 AM EDT

Netflix Stocks Continues to Decline

Netflix stocks continues to decline after its rivals Hulu announced ads free streaming and Amazon will offer offline download feature.

Sep 10, 2015 8:10 AM EDT

Oil prices finally move up into positive territory

Oil prices finally moved up to positive territory Wednesday with small gains in Asian market due to stronger sentiments from some of the major financial markets in the region.

Sep 10, 2015 8:09 AM EDT

China Changes How to Report GDP to Meet IMF's Standards

In an effort to improve current economic situation, Chinese authority is adopting IMF standard to report their GDP to make sure any changes in the economic will be reflected in the data. The move is also part of China effort to obtain a reserve currency status for Yuan.

Sep 10, 2015 8:02 AM EDT

Boeing loses four freighter orders as cargo market weakens

Boeing has lost orders for four 747-8 freighters as the air cargo market weakens amid an economic slowdown. The loss brings to zero the net orders for the iconic jet this year. Despite that, the planemaker says production goes on as planned.

Sep 10, 2015 7:35 AM EDT

Sunac' ratings unchanged: Moody's

After the strategic partnership with Yurun, there wouldn't be immediate change in Sunac China Holding's ratings, according to rating agency Moody's. Investors of Sunac reacted negatively pushing share price down, while shares of Yurun posted encouraging rise. Sunac's CEO Sun Hongbin stepped down, but will remain as Chairman of the group.

Sep 10, 2015 7:25 AM EDT

Versa Cars Recalled by Nissan

Nissan announced the recall of its Nissan Versa Sedans and Versa Notes due to complaints from its car owners. Federal Regulator demanded the motor company to do something good with the said cars or be liable for fines.

Sep 10, 2015 7:05 AM EDT

Investors withdraw from US Oil Fund amid rising volatility

The high volatility in the global oil market has led to huge offloading in 'The US Oil Fund.' 19.3 mn shares were sold off making it a record weekly redemption since the ETF inception in 2006. global economy slowdown particularly adverse conditions in China market are adding to the volatility in oil price.

Sep 10, 2015 7:01 AM EDT