NEW YORK: The dollar marched up to a four-year high on Thursday while oil wilted near a two-year low since investors hoped that the United States would not need central bank assistance in the near future.
The central bank released lending data that showed there is little in the way of demand for credit in the euro zone’s still-struggling economy that strengthened dollar. Brent crude lowered below $97 a barrel in international market which was its s lowest price in 26 months.
HONG KONG: Markets fell in Asia on Friday in holiday-thinned trade with investors awaiting developments in US stimulus talks, while...
HONG KONG: Asian equities pulled back on Thursday after a strong run-up in recent weeks as investors took a breather...
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