Business Topics

Oct 14, 2014

Oil prices hit lows in Asia not seen in years

Oil prices fell to fresh multi-year lows in Asian trading on Tuesday, with analysts blaming concerns about a supply glut and the effects of weaker demand from Europe and China. U.S. benchmark West Texas Intermediate (WTI) for November delivery was down 65 cents at ...

| Oct 10, 2014

Nikkei drops to two-month low

Stocks extended their losing streak to a fourth session on Friday after U.S. equities plunged overnight, with the benchmark Nikkei average closing at the lowest level in about two months. The Nikkei 225 average fell 178.38 points, or 1.15 percent, to end at 15,300.55, ...

| Oct 10, 2014

Greenback rises above ¥108 in Tokyo

The dollar climbed slightly above ¥108 in Tokyo on Friday, supported by a rise in long-term U.S. interest rates in off-hours trading, after drifting in a narrow range just below the level. At 5 p.m., the dollar was at ¥108.08-08, up from ¥107.62-65 at ...