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Dollar Rises against Yen on Firm US Economic Data

The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data all but eliminated fears of a recession.

The greenback had been given an extra boost agains…

Oil Prices Rise by about 2 Percent after US Economic Data

Oil prices rose by more than a dollar Thursday, after US economic data eased fears of an imminent recession in the United States, the world’s largest economy, but continued concerns about slowing global demand limited gains.

Brent crude futures rose …

South Korea’s ICT Exports Hit USD 19.4 Billion in July

South Korea’s export of information and communications technology (ICT) products rose for the ninth consecutive month in July, backed up by strong performances from key sectors.

The ICT products shipment soared 32.8 percent from a year earlier to USD…