Monday, August 31, 2015   

Greece swears in caretaker cabinet
08-28 23:00
Greece's new caretaker government, led by the nation's first female prime minister, was sworn in today and headed straight into a cabinet meeting as the country fa...
US stocks lower at the open
08-28 21:45
US stocks dipped in opening trade Friday as a turbulent week for global markets prompted by China worries began to wind down. About three minutes into trade...
UBS pays penalty for disregarding bans on a terrorist’s deals
08-28 21:20
The Swiss bank UBS has agreed to pay US authorities US$1.7 million to settle “apparent’’violations of rules banning transactions benefiting officially d...
US personal incomes and spending rise at modest rate
08-28 21:03
US consumers increased their spending moderately in July, as wages and salaries recorded the biggest jump in eight months. Spending grew by 0.3 percent in ...
Oil prices drop to US$42.35
08-28 20:50
Oil prices fell today at the end of a tumultuous week, during which prices hit 6.5-year lows on fears over China's slowing but then rebounded on strong US econo...
Bank of China and AgBank report marginal earnings growth
08-28 19:25
Two of China's biggest lenders, including the main foreign exchange dealer Bank of China, reported flat net profits for the first half of 2015, due to the weak ...
UK reports 0.7pc second quarter growth
08-28 18:31
Britain's economy accelerated in the second quarter by 0.7 percent compared with the previous three months, unrevised official data showed today. The growth i...
Shanghai stocks rally 4.8pc at close, Hang Seng gives up gains
08-28 16:25
Shanghai stocks closed up 4.82 percent today, rising for a second day on strong US growth figures and a global market rally. China's benchmark Shanghai Co...
Dow leaps 200 points at open
08-27 22:34
Wall Street opened higher today following yesterday’s rebound. The 30-member Dow Jones Industrial Average advanced by more than 200 points at the open t...
US reports broad-based 3.7pc growth sparked by consumer spending and business investment
08-27 22:05
The US economy posted a much bigger rebound during the spring than previously reported, thanks to improvements in a number of areas including consumer spending a...
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