Tuesday, March 3, 2015
The entrance to the former perfume shop on a busy street in Donetsk now features a Kalashnikov-toting guard, a clear sign of the clandestine nature of the premises' new business.
Indonesia's inflation slowed further in February, official data showed Monday, owing to the lower cost of fuel and some staple foods in Southeast Asia's top economy.
World stock markets were mostly higher Monday as a weekend interest rate cut by the Chinese central bank lifted sentiment following a lower estimate of U.S. economic growth last quarter.
The dollar extended its gains in Asia on Monday as better-than-expected revised U.S. economic growth data and an interest rate cut by China's central bank boosted confidence, analysts said.
Oil prices stabilized in Asia Monday following sharp gains in the previous session as dealers predicted the end of volatile trading and the beaten-down commodity bottoming out, analysts said.
Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year low in January, to continue recovering to reach US$64 or US$65 per barrel.
Monday, March 2, 2015
China's manufacturing activity contracted for the second straight month in February, the government said Sunday, a day after the central bank announced an interest rate cut to help stem a slump in the world's second-largest economy.
South Korea has been portrayed as the biggest threat to Taiwan's machine tool sector as it prepares to sign a free trade deal with China, but one Taiwanese machine tool executive says the sector is currently under much greater pressure from Japan.
The number of South Korean tourists visiting Taiwan reached a record high in 2014 and is expected to continue to grow this year, a Taiwan tourism official stationed in Seoul said Saturday.
Ahead of the March 2-5 Mobile World Congress trade show in Spain, Taiwanese PC maker Acer Inc. (宏碁) unveiled a new Windows-based smartphone on Sunday that can be upgraded to accommodate the future Windows Phone 10 operating system.