Search Results for: US economy
Asian Stocks Erase Gain on China Factory, Australian CPI
April 23rd, 2014
Asian stocks erased gains after Chinese manufacturing data signaled persisting weakness in the world’s second-largest economy and Australia’s inflation rose less than expected. China Overseas Land & Investment Ltd., the largest mainland developer traded in Hong Kong, sank 3.7 ...
AUD/USD – Near Two Week Low around Key 0.93 Level
April 22nd, 2014
The last couple of weeks has seen the Australian dollar drift lower from resistance just below 0.95 after reaching a six month high in that area. Over the last month or so the 0.93 level has become very significant ...
Foreign investors’ figures favourable for Cyprus
April 15th, 2014
Foreign investors showed great interest in Cyprus in 2013 due to the Government’s scheme offering citizenship and permanent residence on the island, Minister of Interior, Socrates Hasikos has revealed. According to the Cyprus News Agency, Hasikos said that the ...
China consumer prices rise, but industry deflation persists
April 11th, 2014
China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in the world’s second-largest economy. The consumer price index (CPI) rose ...
Cyprus: A Mediterranean island slowly rebuilding after crisis
April 11th, 2014
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
U.K. Industrial Output Surges More Than Forecast
April 8th, 2014
U.K. industrial production rose more than economists forecast in February bolstered by a surge in factory output that points to a continuing economic recovery. Production increased 0.9 percent from January, when it was unchanged, the Office for National Statistics ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
Gold Holds Gains as Investors Assess Pace of Stimulus After Data
April 7th, 2014
Gold held the biggest one-day advance in more than three weeks as U.S. jobs data that trailed analysts estimates damped speculation that the Federal Reserve will step up the pace of stimulus reduction. Bullion for immediate delivery traded at ...
Japan Sales Tax Hike Boosts Popularity Of Gold As Investors Rush To Beat Implementation Of Tax
April 3rd, 2014
Japanese shoppers have snapped up gold bars ahead of a controversial hike in the country’s sales tax, which takes effect Tuesday, a key part of Prime Minister Shinzo Abe’s economic “Abenomics” reforms. Tokyo’s Tanaka Kikinzoku Jewelry K.K., Japan’s largest ...
