Search Results for: U.S. economy
Asian shares slip, but Japan GDP surprise lifts Nikkei
May 20th, 2015
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured by expectations that the European Central Bank would increase its ...
Asian shares uneven as China data tempers lift from US rally
May 15th, 2015
Shares in Asia were uneven on Friday as the big markets in Japan and Hong Kong got a lift from the rebound on Wall Street, but weak data dragged Chinese shares lower. KEEPING SCORE: Japan’s Nikkei 225 stock index ...
Top stories of the day
May 13th, 2015
1. The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded some progress in the talks between the government and its ...
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
Euro slips on Greek woes, rate cut speculation hits kiwi
May 11th, 2015
Euro on defensive as nerves take hold before Eurogroup meeting Dollar/yen steady after jobs data fails to provide spark Kiwi slides to near two-month low on RBNZ rate cut speculation Pound stands tall after election, BOE, fundamentals eyed again ...
Oil prices fall on oversupply fears, ignore record China imports
May 8th, 2015
* China’s monthly crude imports up 13 pct on month * But analysts warn fundamentals remain weak (Re-leads with price falls, updates prices) Oil fell on Friday, erasing gains earlier in the session, as concerns over oversupply outweighed strong ...
Asian stocks at 2-week lows, bond woes spread, dollar slips
May 6th, 2015
Selloff in government bonds from Germany to Australia China stocks bounce after moderately encouraging PMI data Commodities rally in what might be a return to reflation Dollar softer on trade blow out, Fed’s Yellen speech awaited (.) A selloff in global ...
China Stocks Drop While Aussie Gains After RBA; Commodities Fall
May 5th, 2015
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further interest-rate cuts. The Shanghai Composite Index retreated 2.3 percent by ...
Asian shares rise as weak China data spurs stimulus bets
May 4th, 2015
Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world’s second-largest economy. Spreadbetters expected the equity ...
