Category: Market
The European Union has implemented “the most stringent” set of regulations ever for the toys industry, and some fear it could bring China’s toy industry to its knees. The EU is the world’s second-largest toy market after the United States,…
Emerging Asia currencies struggle as Fed move looms— Stocks in Indonesia, Thailand and the Philippines fell, with the Philippine Stock Exchange down by more than 6%. Currency Asian developing countries continued to fall on Thursday, as traders took varied messages about…
Jakarta — Indonesian President Susilo Bambang Yudhoyono gave his annual state-of-the-nation address at parliament in Jakarta Friday, saying that the government expects the country’s economy to expand by 6.4 percent next year with a lower budget deficit and subsidy. In…
Oil price nears $106 per barrel and China positive market trade helped boost the price of oil on Thursday. The Oil price rose up more than 2 percent Friday as positive economic news from China outweighed expectations that the U.S.…
Japanese stocks drop as several financial and technology firms pull back from strong recent advances, while China shares gains higher after data showing an improvement in services-sector activity in the country. Marketwatch reports “Among the notable decliners in Tokyo, Advantest…
Asian stocks rose back as China’s manufacturing unexpected expanded and after the Federal Reserve maintained its bond-buying program at current levels. The MSCI Asia Pacific Index climbed 1.2%, headed for the biggest gain since July 11. China also reported increase in manufacturing,…
