Japan Posts Current Account Surplus As Foreign Investments Income Surges
Japan posted a current account surplus of 287.1 billion yen in August for the second straight month ...
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Gold Rises Boosted by Holiday Demand from China
Gold futures rose as buyers returned after a one-week holiday in China, the largest consumer of the ...
Oil Falls After IMF Growth Forecast Cut
Brent oil dropped to the lowest level since June 2012 after the International Monetary Fund cut its ...
US Jobs Openings at 13 Year High
U.S. job openings rose to their highest level in more than 13 years in August even as hiring fell, t...
Former US Treasury Secretary Defends AIG Bailout
Former U.S. Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of...
Indian PM Faces Welfare Reform Challenge
Prime Minister Narendra Modi has launched an ambitious plan to streamline a bloated and inefficient ...
China Holiday Retail Sales Disappoint
Growth in China’s retail sales during the long “Golden Week” holiday slowed to 12....
Germany’s Weakness Signal Hard Times Ahead for Europe
This week’s disappointing German manufacturing data are the latest sign the “strongman&#...
Chicago Fed’s President Urges Central Bank to Be Patient on Rates
Chicago Federal Reserve Bank President Charles Evans on Wednesday again urged the U.S. central bank ...
US Consumer Credit Slows Down in August
U.S. consumer credit increased by the smallest amount since November and growth for the prior month ...
Estimate Puts UK Growth in 0.7% Growth in Q3
Britain’s economic recovery lost steam in the third quarter with growth of 0.7%, according to the ...
Australian Employment Data Had Errors Say Government
The Australian Bureau of Statistics has retracted its seasonally adjusted employment data for July a...
El-Erian Suggests a Reduced Form Equation to IMF and World Bank Officials
Overall, the construct of the Washington gathering is much better suited to discuss a few big macro ...
In Australia Foreign Sales Might be Driving Up House Prices
Foreign investment is being blamed as the main driver of soaring property prices in Australia’s ca...
FTSE Drops on IMF and Ebola Fears but Tesco Upgrade Helps Index
With economic gloom and Ebola fears again sending markets lower, Tesco stands out with another big g...
UK Mortgage Lender Says House Prices Slowing Down
The annual house price growth rate has peaked at 10% and will now continue to grow at a considerably...
IMF Issues Repeated Warning About Ultra-low Interest Rates
A prolonged period of ultra-low interest rates poses the threat of a fresh financial crisis by encou...
ECB VP Says 400 Billion Euros of ABS Qualify for Purchase
Euro zone inflation slowed to 0.3 percent last month – far below the ECB’s target level ...
Poland’s Central Bank Cuts Benchmark Rate to 2%
The National Bank of Poland on Wednesday cut its benchmark interest rate by half a percentage point ...
USD/CAD – Limited Movement Despite Solid Housing Data
The Canadian dollar is steady on Wednesday. Early in the North American session, USD/CAD is tradi...