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Euro holds up against dollar in Asia

Trader James Doherty, left, and specialist Frank Masiello work on the floor of the New York Stock Exchange Monday, June 23, 2014. Stocks are edging lower in early trading after indexed closed last week at record highs. AP

The euro held up against the dollar in Asia on Tuesday despite poor economic data for the 18-nation eurozone pointing to slowing growth.

Posted: June 24th, 2014 in Latest Business Stories | Read More »

Britain to become Europe’s biggest economy by 2030 – report

London souvenirs are pictured on display outside a store on Oxford Street in central London December 22, 2013. AFP FILE PHOTO

Britain will surpass France and Germany to become Europe’s biggest economy by 2030, according to a study released on Thursday.

Posted: December 27th, 2013 in Latest Business Stories | Read More »

Dollar edges down in Asia ahead of Yellen remarks – Lead

AP FILE PHOTO

The dollar edged down in Asia Wednesday, taking a breather from a rally driven by speculation the Fed will soon start tapering its huge stimulus drive.

Posted: November 13th, 2013 in Latest Business Stories | Read More »

Asian shares mostly up as US avoids default

Illegal parking agents cycle past an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 17, 2013 as Japan's bench mark Nikkei 225 Index closed at 14,588.51 after gaining 119.37 points, or 0.83 percent. An eleventh hour agreement that averted a U.S. government debt default boosted Asian stock markets Thursday. AP

Asian shares mostly rose Thursday after US lawmakers passed a last-minute bill to reopen the government and raise the country’s borrowing limit, avoiding a devastating default that threatened to spark another global recession.

Posted: October 17th, 2013 in Latest Business Stories | Read More »

A year after bailout fears, Spain wins back investors

AP FILE PHOTO

Cast as the sick man of the eurozone a year ago, Spain seems at last to be luring back investors despite lingering threats to its recovery.

Posted: September 22nd, 2013 in Latest Business Stories | Read More »

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