Search Results for: US economy
G7 finance ministers to discuss recent forex moves – Canada
May 26th, 2015
Finance ministers and central bankers from the Group of Seven industrialized nations will discuss recent foreign exchange movements when they meet in Germany this week, a senior Canadian official said on Monday. The official also told reporters that foreign ...
Japan’s economy grows faster than expected
May 20th, 2015
Japan‘s economy grew faster than expected between January and March, boosting hopes that the economy is recovering from last year’s recession. The economy expanded 0.6% in the period compared to the previous quarter, marking its second consecutive quarter of ...
Dentons launches NextLaw Labs and creates legal business accelerator
May 19th, 2015
Dentons, the global law firm, today announced that it is launching NextLaw Labs, a global collaborative innovation platform focused on developing, deploying, and investing in new technologies and processes to transform the practice of law around the world. “The market ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
Central Bank of Russia: Acts to Rein In Russia’s Ruble Rally
May 15th, 2015
The Russian ruble fell sharply on Thursday after the Central Bank announced it was buying foreign currency worth $100-200 million daily to replenish its reserves, a sign it thinks the ruble has strengthened enough. At 8 p.m., the ruble ...
US trade deals with Europe and Asia face setback
May 15th, 2015
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the Senate. Late on Tuesday, senators rejected a bill that would allow the president to speed trade deals through Congress. ...
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 ...
Iran’s markets opening up for Australia
May 14th, 2015
Bishop’s Tehran visit a sign of things to come Julie Bishop’s recent visit to Iran – the first by an Australian foreign minister in over a decade – marks an important step in the development of relations between the ...
Greece plays down referendum option, economy stutters
May 14th, 2015
Greece‘s government on Wednesday ruled out rushing to a referendum to secure public support for unpopular reforms, opting instead to make a final push for a compromise with lenders by the end of the month. Running out of both ...
Asian stocks drift after lackluster US retail sales data
May 14th, 2015
Asian stock markets drifted Thursday after weak retail sales figures suggested the U.S. economy is struggling to maintain growth momentum. KEEPING SCORE: Japan’s benchmark Nikkei 225 dropped 0.6 percent to 19,656.28. Australia’s S&P/ASX 200 dipped 0.9 percent to 5,664.60. ...