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The new factory will be built in a high-tech park in Ho Chi Minh City. "The complex will be used for addressing mid- to long-term demand for consumer electronics globally, including emerging markets," the South Korean company said in a statement...
Market News
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Ronnie Mansolillo, 3 October 2014, 09:35
On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of "provoking a devaluation of the peso". In response Head of Argentine Central Bank Quits...
Market News
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Damiano Fabiański, 3 October 2014, 09:11
On Friday the yen kept weakening in Asia on a mix of civil turmoil in Hong Kong and disappointing serice industry surveys in Australia and China...
Currency
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News, 3 October 2014, 08:49 #usd/jpy
NEW YORK (MarketWatch) -- Bank of America Corp. BAC, +0.36% was upgraded on Thursday to a buy rating from neutral by analysts at UBS. The bank's new price target was upped to $20 a share from $16.80 a share...
Market News
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Ronnie Mansolillo, 2 October 2014, 16:37
Monthly job cuts in September (30,477) fell to their lowest level in 14 years, according to a report released Thursday by outplacement firm Challenger, Gray & Christmas — and now 2014 is on pace to have the fewest job cuts since 1997...
Currency
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Ronnie Mansolillo, 2 October 2014, 16:26
Wall Street opens flat on Thursday, as Reuters reports. A positive read on the labor market was not enough to entice buyers even after a sharp decline in the previous session...
Market News
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News, 2 October 2014, 16:12 #Wall Street, Nasdaq
The European Central Bank will buy assets for at least two years to boost inflation and economic growth in the euro area, President Mario Draghi said...
Market News
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Francesco Sgarbossa, 2 October 2014, 15:32
On Thursday crude oil futures fell steeply, as concerns over abundant global supplies and worries over weakening demand dragged prices lower...
Crude Oil
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News, 2 October 2014, 14:38 #WTI, Brent, ECB
On Thursday global stock markets were lower due to worries about the strength of U.S. and European recoveries and the first American case of Ebola...
Market News
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News, 2 October 2014, 13:01 #FTSE 100, Nikkei
The price of bitcoin has seen a subtle recovery following a week of steadily plunging prices, moving up to around $385 (£240, €305) over the last 24 hours...
Currency
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News, 2 October 2014, 12:19 #Cryptocurrency, bitcoin
EUR/USD has seen some excitement, with a rise to 1.2673 and a slide all the way back down to the previous range. A weak figure from the US already accumulated into a significant correction for the US dollar. Is the pair changing direction or is it just a correction? A lot depends on Mario Draghi...
Currency
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Francesco Sgarbossa, 2 October 2014, 12:15
Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions is the new book written by Erin Arvedlund...
Currency
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Patti, 2 October 2014, 12:11
European stocks dropped, extending their lowest level in more than 5 weeks, due to rising concerns that the European Central Bank’s asset-buying program will be disappointing...
Market News
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News, 2 October 2014, 11:16 #WTI
• Gold down 0.63% to $1,208.16/oz • GBP/USD – 1.6213...
Market News
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News, 2 October 2014, 10:46 #FTSE 100, Nikkei, Dow Jones
The ECB and Chancellor Merkel face stiffer opposition than ever Reuters...
Currency
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Ronnie Mansolillo, 2 October 2014, 09:42
The Australian dollar rose against the greenback on Thursday, supported by the release of upbeat Australian building approvals data, while investors eyed upcoming U.S. employment data. The New Zealand dollar jumped over 1% against the U.S. dollar, as Thursday's disappointing U.S...
Currency
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News, 2 October 2014, 09:28
There is a solution to some of the U.S.’s biggest economic challenges: unemployment; questionably adequate GDP growth; insufficient funds to repair aging infrastructure, and dependence on fossil fuels. The answer: Corporate America itself. U.S...
Currency
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Ronnie Mansolillo, 2 October 2014, 09:24
U.S. new-car sales rose in September, led by double-digit percentage gains at General Motors Co. and Chrysler Group LLC, as consumers continued to drive off dealer lots in new sport-utility vehicles and pickup trucks. GM, Nissan Motor Co...
Market News
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Ronnie Mansolillo, 1 October 2014, 23:46
It’s been a bad year for German sporting-goods company Adidas DE:ADS +1.66% ADDYY +1.18% . Its stock has lost more than third of its value this year. The company’s profit and outlook have disappointed...
Market News
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Ronnie Mansolillo, 1 October 2014, 23:37
NEW YORK (MarketWatch) — The U.S. dollar turned sharply lower against the yen Wednesday afternoon as a weaker-than-expected U.S. ISM reading led investors to sell U.S. stocks and buy Treasurys, pulling down yields...
Currency
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Ronnie Mansolillo, 1 October 2014, 23:32