Search Results for: US economy
5 companies worried about Ukraine
April 25th, 2014
The crisis in Ukraine is making itself felt in corporate earnings reports. Tensions escalated on Thursday as Russia said it would hold military exercises along the Ukrainian border. The move put pressure on the broader stock market. Some companies ...
Reserve Bank raises OCR to 3 percent
April 24th, 2014
The Reserve Bank of N.Zealand has issued a press release informing on country’s economy as follows: New Zealand’s economic expansion has considerable momentum, with GDP estimated to have grown by 3.5 percent in the year to March. Growth is ...
China Stocks Drop to Three-Week Low on IPO Concern; Vanke Gains
April 24th, 2014
China’s stocks fell to a three-week low, led by technology and small-company shares, on concern new equity sales will divert funds. Property developers rose after Anbang Life Insurance Co. raised its stake in Gemdale Corp. (600383) Risen Energy Co., ...
Insolvencies rocket amid mounting misery for firms
April 24th, 2014
SCOTTISH corporate insolvencies in the latest full quarter were up 70.6% on the same period of last year, official figures have revealed, and one leading expert predicted the number of failures could climb higher still. The figures, published yesterday ...
China HSBC Flash PMI For April Is 48.3, Up From 48.0 In March As Slowdown Continues
April 23rd, 2014
China’s factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed Wednesday. But the pace of decline eased, helped by policy steps to arrest the slowdown. Analysts see ...
Puerto Rico woos rich with hefty tax breaks
April 23rd, 2014
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...
Spanish banks face tough rivalry in small companies bet
April 22nd, 2014
Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin ...
Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet
April 22nd, 2014
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers. While the losses that their economists predicted have yet to materialize, JPMorgan Chase & Co. (JPM), Citigroup ...
Japan exports growth slows sharply, keeps pressure on BOJ to act
April 22nd, 2014
Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax ...
Dollar Gains 7th Day as Economic Data Signal Growth
April 22nd, 2014
The dollar gained for a seventh day against a basket of peers, the longest streak in almost a year, as revised data in a Federal Reserve Bank of Chicago index signaled greater-than-forecast strength in the U.S. economy. The yen ...
