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BUSINESS

Lacklustre Japan data paints gloomy picture for Abenomics

AFP, Published on 28/11/2014

» Japan released a string of lacklustre economic data Friday, with inflation hitting its lowest level in a year, dealing another blow to Tokyo's attempts to conquer years of falling prices and tepid growth.

BUSINESS

Asian energy stocks sink, airlines rise

AFP, Published on 28/11/2014

» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.

BUSINESS

Eurozone inflation returns to five-year low

AFP, Published on 28/11/2014

» Inflation in the eurozone returned to a five-year low, official data showed on Friday, raising pressure on the European Central Bank to unveil even more steps to fight the threat of deflation.

BUSINESS

Oil collapses to four-year low

AFP, Published on 28/11/2014

» LONDON - Global oil prices plunged Friday to yet another four-year low after the Opec oil producing cartel decided to maintain crude output in an oversupplied market, dealers said.