Search Results for: US economy
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
US Study Compares Worldwide Corporate Tax Rates
August 25th, 2014
The Tax Foundation (TF) has issued a paper which shows how the United States corporate income tax rate, now the highest among the 34 industrialized nations of the Organization for Economic Cooperation and Development (OECD), ranks against all of ...
Chinese state-owned enterprise investment in Australia
August 25th, 2014
As the negotiation of the Australia–China Free Trade Agreement (FTA) moves into what is hopefully its final phase, there is intense focus on how the investment chapter of the FTA will treat the access of Chinese state-owned enterprises to ...
Germany approves RWE unit sale to Russian investor
August 22nd, 2014
Germany’s economy ministry will approve the sale of utility RWE’s (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions and sanctions between Russia and the West over the Ukraine crisis, two people familiar with the matter ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
Two Bank of England officials voted August rate rise
August 20th, 2014
Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about a 2014 rate hike. Former academic Martin Weale and business ...
Australia 200 – Threatening to Break Higher Again
August 19th, 2014
Australia 200 for Tuesday, August 19, 2014 The Australian 200 Index has enjoyed a solid move higher over the last week bouncing off the support level at 5400 up to a two week high above 5550. In its typical ...
Apache discovers oil in Northwestern Australia
August 18th, 2014
US energy firm Apache on Monday announced an oil discovery off northwestern Australia which it said could potentially represent a new oil province for the country. The find at the Phoenix South-1 well is the first for Apache Energy ...
Carney’s Committee Diverges on Wage-Growth Confusion
August 18th, 2014
Mark Carney’s focus on weak wages to keep record-low borrowing costs is up against one key foe: the strongest economic growth in the Group of Seven. Minutes of the Monetary Policy Committee’s July meeting this week will show how ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
