Search Results for: US economy
Asian Stocks Advance After U.S. Gauges Rally to Records
May 13th, 2014
Asian stocks rose, with the regional benchmark gauge on course for its biggest increase in seven weeks, as investors weighed earnings and after U.S. equity indexes climbed to records. Nissan Motor Co., Japan’s second-biggest carmaker, jumped 5.1 percent after ...
Polls close in eastern Ukraine amid allegations of fraud and double-voting
May 12th, 2014
Polls closed Sunday after voters streamed into polling stations in eastern Ukraine to vote in controversial referendums held by pro-Russian activists eager to declare independence from Kiev, an official said. Voters in the city of Donetsk faced this question ...
U.S. Stocks Fluctuate as Tech Shares Slide, Tesla Drops
May 8th, 2014
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. and Priceline Group Inc. slumped. The S&P 500 (SPX) fell ...
Putin Calls On Ukraine Rebels To Put Off Secession Vote
May 8th, 2014
Russian President Vladimir Putin called on pro-Moscow separatists in Ukraine to postpone a vote on secession just five days before it was to be held, potentially pulling Ukraine back from the brink of violent dismemberment. It was the first ...
China Buys Friends and Influences Nations
May 6th, 2014
If you can’t beat them, outspend them. That seems to be the thinking behind a huge new infrastructure investment fund being promoted by China as an alternative to established international lending agencies. It’s a terrible rationale for starting a ...
RBA has issued its monetary policy
May 6th, 2014
The Reserve Bank of Australia (RBA), has issued a press release informing that the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy was a bit below trend in 2013, but ...
China factory activity shrinks in April, new export orders contract
May 5th, 2014
Activity in China’s manufacturing sector contracted for a fourth consecutive month in April, a private survey showed on Monday, adding to questions about whether the world’s second-largest economy is still losing momentum. The final reading of the HSBC/Markit purchasing ...
From The “Silicon Cape” To The “Silicon Savannah,” African Tech Hubs Are Booming
May 5th, 2014
New research shows incredible growth in tech hubs around Africa. These support centers for app developers, hackers and entrepreneurs are just part of a massive technological renaissance in the region, where the population has “leapfrogged” into the mobile age. ...
Oil price increases as Ukraine fear outweighs China data
May 5th, 2014
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...
A Case of Piketty Fever at the OECD
May 2nd, 2014
The French economist Thomas Piketty has become something of a rock star with his recent book on inequality, and now the Organization of Economic Cooperation and Development has embraced his data and ideas in a freshly-issued report. The think ...
