Yen weakens past 150 against dollar on stubborn U.S. inflation
NEW YORK -- The yen weakened past 150 to the dollar on Tuesday following higher-than-expected inflation data for the U.S. economy in January.
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NEW YORK -- The yen weakened past 150 to the dollar on Tuesday following higher-than-expected inflation data for the U.S. economy in January.
HONG KONG -- The Hong Kong stock market began the Year of the Dragon on a weak note on Wednesday, plagued by ongoing weakness of the local and the mainland Chinese economies and diminishing appetite by global investors.
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.
Islamabad, Pakistan CNN —
This was CNBC's live blog covering European markets.
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai's World Governments Summit.
Japan is making progress towards completely overcoming deflation as “positive developments” not seen before in the economy are emerging to support this view, the government said on Tuesday.
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