Search Results for: US economy
China Fiscal Spending Jumps 26.1% in June
July 14th, 2014
China’s fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan (155.3 trillion pounds), reflecting government efforts to speed up spending to shore up the economy. Spending growth accelerated from a rise of 24.6 ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
UAE regulator approves new brokerage companies’ regulation
July 14th, 2014
The board of directors of the UAE’s Securities and Commodities Authority, SCA, has approved a new regulation for brokers and amended two other regulations. The new 34-article regulation classifies brokerage firms into (1) those which engage in trading only ...
UK Construction Slowdown in May
July 11th, 2014
Britain’s construction sector has suffered its sharpest slowdown for more than a year after housebuilding activity stalled in May, in the latest sign the property market may be coming off the boil. Construction output dropped 0.8% over the three ...
Gold Improves, Shrugs Off Sharp Unemployment Claims
July 11th, 2014
Gold is firm on Friday, as the spot price stands at $1337.62 per ounce in the European session. Friday has a very light schedule, with just one event, the Federal Budget Balance. In the US, Unemployment Claims dropped, as ...
Alibaba’s Behemoth IPO Making Few Ripples in Washington
July 11th, 2014
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
Economists downgrade forecasts for U.S. growth
July 11th, 2014
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. A survey by the National Association of Business Economics, released ...
Global stock markets hit by Portuguese bank concerns
July 11th, 2014
Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal’s biggest banks. Shares in Banco Espirito Santo were suspended after falling 17% following concerns about accounting irregularities at its parent group. ...
Global stocks mixed, Indonesia up after election
July 10th, 2014
Global markets were mixed Thursday with a slight pickup in China’s exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result. European markets failed to ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
