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Oil prices down in Asian trade

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Oil prices fell in Asian trade Monday on a stronger dollar as investors digested Federal Reserve chief Janet Yellen’s defense of the bank’s monetary policy, analysts said.

Posted: August 25th, 2014 in Latest Business Stories | Read More »

Asia shares mixed after Yellen speech

A man walks past an electronic stock board of a securities firm in Tokyo, Tuesday, Aug. 19, 2014. AP FILE PHOTO

Asian markets were mixed Monday following a broadly negative lead from Wall Street after the head of the US central bank said she was still concerned about employment in the country.

Posted: August 25th, 2014 in Latest Business Stories | Read More »

Dollar steady in Asia trade

AP FILE PHOTO

The dollar stabilized Monday morning, following a sharp drop against the yen after last week’s announcement that US President Barack Obama had authorized air strikes in Iraq.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

Euro slips in Asia on European concern

AP FILE PHOTO

The euro slipped in Asia Monday following news of a bailout for a crisis-hit Portuguese bank, while the dollar held steady.

Posted: August 4th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed while euro recovers

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, July 3, 2014. The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the US accelerated last month.  AP PHOTO/RICHARD DREW

Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

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