China Cuts Import Taxes on Consumer Goods
China will cut import taxes on consumer goods by more than 50% on average in a bid to boost consumer...
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Greek Concerns Drive European Stocks Down
European stocks have fallen after a Greek minister said that Athens would struggle to meet its upcom...
US Dollar Gets the Green Light from Fixed Income
Thin trading conditions dominate Greece: No “moola” for the IMF Rising prices makes Fed ...
Japan Exports Rise More Than Forecast
Japanese exports rose more than forecast in April, providing support for an economy that’s expande...
Asian Equities Advance Led by Japan
Asian stocks advanced, with Japan’s Topix index climbing from a 7 1/2-year high. The euro slipped ...
China Stocks Reach Seven Year Highs
China’s benchmark Shanghai Composite Index rallied for a fifth day to a seven-year high as investo...
China’s Central Bank Lowers Borrowing Costs
China’s government needed lower borrowing costs to clean up a local debt mess. The central bank ob...
Fed’s Yellen Still Sees Rate Rise in 2015
Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the e...
USD/JPY Above 121.50 After CPI Boost
The dollar hovered at a two-month high versus the yen and stood firm against other peers after surgi...
Oil Edges Higher on Asian Demand
Crude oil futures edged up on Monday, buoyed by healthy Asian appetite and demand from the U.S. driv...
Greece Doesn’t Have June IMF Repayment Money
Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it ach...
Iran: OPEC Unlikely to Change Output Ceiling
OPEC is unlikely to change its production ceiling when the group meets in June, Iran’s Oil Min...
Asian Equities Slightly Higher on U.S. Rate Hike Bets
Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from...
U.S. Dollar Higher
The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report tha...
West TX Oil Below $59 after Weekly Rig Count Falls by 1
WTI oil futures settled modestly lower on Friday after Baker Hughes reported its weekly U.S. oil rig...
Gold Steady Above $1220 on Softer Dollar
Gold closed modestly lower on Friday, marking its biggest weekly decline in four weeks, as the dolla...
Asian Equities Start the Week Higher
Asian stocks shrugged off a dismal lead from Wall Street to open higher, with Japan’s Nikkei 2...
BoE Mis-sends Brexit Email
The Bank of England was forced on Friday night to confirm that it was secretly researching the finan...
Greek PM: On Final Stretch Towards Funding Deal
Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of nego...
Recovery in India’s Credit Growth Could Elude Banks
A recovery in India’s credit growth could elude the country’s banks until early 2016, de...