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Soaring Tokyo leads Asia rebound, Shanghai down on return

HONG KONG (AFP) -- Japanese investors shrugged off an economic contraction to propel stocks more than 5 percent Monday, leading an Asia recovery after last week's horror show. But Shanghai tumbled o...

Updated : 2016.02.15 13:32

Japan economy shrinks during Q4

Japan economy shrinks during Q4 TOKYO (AFP) -- Japan’s economy contracted in the last quarter of 2015, official data showed Monday, dealing another blow to Prime Minister Shinzo Abe’s faltering bid ...

Updated : 2016.02.15 13:31

China exports drop in January

BEIJING (AFP) -- China's exports tumbled 6.6 percent year-on-year to 1.14 trillion yuan ($174 billion) in January, authorities said Monday, as the struggling manufacturing sector remained a drag on t...

Updated : 2016.02.15 13:30

Tokyo stocks dive more than 5% by break on strong yen

Tokyo stocks dived more than five percent on Friday morning as a strong yen battered exporters, with the market tracking a worldwide sell-off fuelled by worries about the global economy. The benchma...

Updated : 2016.02.12 14:05

Yen surge sparks central bank intervention talk

Japanese government officials on Friday pledged to take "appropriate measures" as the surging yen fuels speculation that the central bank will intervene in currency markets to arrest its ascent. The...

Updated : 2016.02.12 14:02

Tokyo stocks down more than 3% by break, extending global slump

TOKYO (AFP) - Tokyo stocks slumped more than three percent Wednesday morning, extending a drop on global markets as a stronger yen hit exporters and falling oil prices reignited worries about the wor...

Updated : 2016.02.03 14:23

Oil prices could jump 50% by end of 2016

Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for a bigger and longer rebound by the end of the year. Analysts are projecting prices will climb more than $15...

Updated : 2016.02.03 14:20

Oil prices rally more than 4%

Oil prices leaped from 12-year lows Thursday, lifted by a swing to optimism on equity markets after steep losses since the beginning of the year. US benchmark West Texas Intermediate for March jumpe...

Updated : 2016.01.22 14:09

Russia volatility soars as oil below $30 dims investor outlook

The largest exchange-traded fund tracking Russian equities has made the worst start to a year on record with over 50 percent of the stocks the ETF holds losing more than 10 percent so far in 2016. T...

Updated : 2016.01.22 14:07

Anxiety in the air as Davos World Economic Forum kicks off

DAVOS, Switzerland (AP) -- A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence ...

Updated : 2016.01.20 22:04

Oil dives to fresh 12-year low under $28

LONDON (AFP) - Oil plunged to fresh 12-year lows under $28 on Wednesday, slammed by gloomy economic forecasts, China‘s slowdown and abundant crude supplies. In morning deals, US benchmark West Texa...

Updated : 2016.01.20 22:00

Renault recalls vehicles over failed emissions test

Renault is recalling thousands of new vehicles to make engine tweaks, the government said Tuesday, as the French carmaker grapples with emission levels found to exceed anti-pollution norms in some of...

Updated : 2016.01.19 20:54

Global anxiety rises as China growth falls

China's economic growth slowed to a six-year low in the latest quarter as trade and consumer spending weakened, deepening a downturn that has fueled anxiety abroad over its impact on an uncertain glo...

Updated : 2016.01.19 20:28

China to take up half of global smartphone market

One out of 2 smartphones to be sold in the global market is expected to be made by Chinese companies, posing a serious threat to current market leaders Samsung Electronics and Apple, a report showed ...

Updated : 2016.01.17 13:35

China's Haier buying GE appliance unit for $5.4 billion

BEIJING -- Haier Group, the world’s biggest home appliance maker, is buying General Electric Co.‘s appliance business for $5.4 billion to expand its U.S. and global presence. The acquisition an...

Updated : 2016.01.15 21:02