White House Government Agencies

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  • WASHINGTON, Oct 28- The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next meeting put a December rate hike firmly in play. Investors had expected the Fed to remain pat on rates, but the overt reference to December came as a surprise.

  • US STOCKS SNAPSHOT-Wall St cuts gains after Fed statement Wednesday, 28 Oct 2015 | 2:04 PM ET

    NEW YORK, Oct 28- U.S. stocks cut gains on Wednesday after the Federal Reserve kept interest rates unchanged but left the door open to tightening monetary policy at its next meeting in December.

  • *FTSEurofirst 300 up 1.1 percent. *Heineken, UCB, Volkswagen rally after results. MILAN, Oct 28- European shares extended gains on Wednesday, as energy stocks rose further on the back of a crude oil price rally, while investors were wary ahead of a Federal Reserve meeting widely expected to result in unchanged interest rates.

  • FOREX-Dollar down as markets lose faith in Fed rate hike Wednesday, 28 Oct 2015 | 11:11 AM ET

    NEW YORK, Oct 28- The dollar edged down against a basket of currencies Wednesday as markets bet that the U.S. Those numbers have dropped since European Central Bank chief Mario Draghi signaled more dovish policy in the euro zone Thursday and have continued downward every day since. While the Fed has indicated that it was considering a rate hike this year, traders...

  • LONDON, Oct 28- European stocks rose for the first time in three sessions on Wednesday after Sweden's central bank increased its bond buying while other assets were steady as investors wait to see if the Federal Reserve will clarify its rate hike plans later. The Riksbank's decision to ramp up its asset purchases by another $7.6 billion underscored just how...

  • FOREX-Dollar edges down as all eyes fix on Fed Wednesday, 28 Oct 2015 | 9:04 AM ET

    *Sweden's crown up as Riskbank expands QE. *Riksbank move seen increasing chance of Norges Bank cut. If it does so, Commerzbank's head of FX research in Frankfurt, Ulrich Leuchtmann, reckons the dollar would appreciate.

  • LONDON, Oct 28- European stocks rose for the first time in three sessions on Wednesday after Sweden's central bank increased its bond-buying but other assets were steady as investors wait to see if the Federal Reserve will clarify its rate hike plans later. That sent Sweden's 10- year government bond yields to two-month lows and pushed Stockholm's stock...

  • MUMBAI, Oct 28- The U.S. Food and Drug Administration warned Novartis AG last week after the Swiss firm was found in violation of manufacturing practices last year at two of its India drug-making plants, Novartis said. The warning, issued to Novartis's generic drugs unit Sandoz on Oct. 22, came after FDA officials inspected its Turbhe and Kalwa sites in western...

  • *Sterling steadies after marking 2- week low after soft UK GDP. LONDON, Oct 28- The Swedish crown recovered from an initial dip on Wednesday after Sweden's central bank expanded its asset purchase program but declined to cut interest rates, having already done so three times this year. That compares with the European Central Bank's 1.1 trillion euro bond-buying...

  • LONDON, Oct 28- European shares edged higher in early deals on Wednesday, buoyed by a new batch of company earnings reports before a Federal Reserve policy decision later in the day. Brewer Heineken rose 4.2 percent, the top FTSEurofirst 300 riser, after reporting strong sales in Europe and the Americas that came in above expectations. Volkswagen's sales figures...

  • European shares get results lift, with Fed in focus Wednesday, 28 Oct 2015 | 4:15 AM ET

    LONDON, Oct 28- European shares edged higher in early deals on Wednesday, buoyed by a fresh batch of company earnings reports ahead of a Federal Reserve policy decision later in the day. Brewer Heineken rose 3.9 percent, the top FTSEurofirst 300 riser, after reporting strong sales in Europe and the Americas that came in above expectations. Belgian pharmaceutical...

  • This is still the easiest place to do business Wednesday, 28 Oct 2015 | 4:03 AM ET
    Tourists take in a cable car take in the sights at Sentosa Island, Singapore

    Singapore kept its decade-long place at the top of the World Bank's rankings of the easiest place to do business, according to the latest survey.

  • *Gold up for second session. SINGAPORE, Oct 28- Gold rose for a second straight session on Wednesday, ahead of a Federal Reserve policy statement later in the day, as investors waited for clues on the timing of a U.S. rate hike. "We do not detect any real conviction that the Fed is likely to raise rates near term," said HSBC analyst James Steel, warning, however, that prices...

  • TOKYO, Oct 28- Japanese stocks were nudged higher by earnings-related news on Wednesday, although many investors remained on the sidelines ahead of the U.S. Federal Reserve's policy decision later in the day and a Bank of Japan review on Friday. The Nikkei share average ended 0.7 percent higher at 18,903.02.

  • *Sterling steadies after marking 2- week low after soft UK GDP. TOKYO, Oct 28- The dollar edged closer to a 2-1/ 2- month high against a basket of currencies on Wednesday as traders awaited clues from the Federal Reserve about the timing of a U.S. interest rate increase. "Heading in to the FOMC, it's fair to say that market consensus is that there will be no change, but if...

  • WASHINGTON, Oct 28- The Federal Reserve is expected to keep interest rates unchanged on Wednesday and may struggle to convince skeptical investors it can tighten monetary policy before the end of the year in the face of U.S. and global economic headwinds. The Fed is scheduled to announce its rate decision at 2 p.m. ET. A spate of dismal data on the U.S. and global...

  • Nikkei rises in light trade ahead of Fed, BOJ meetings Tuesday, 27 Oct 2015 | 10:52 PM ET

    TOKYO, Oct 28- Japanese stocks rose during light trading on Wednesday morning as earnings-related news nudged share prices higher, although many investors remained on the sidelines ahead of upcoming U.S. Federal Reserve and Bank of Japan meetings. The Fed meets Wednesday and the Bank of Japan on Friday, with investors on tenterhooks for news of potential rate...

  • TOKYO, Oct 28- Asian stocks slipped on Wednesday, taking cues from an overnight decline on Wall Street and capped by caution ahead of a policy statement from the U.S. "You have to say data like this coupled with what the banks have done recently with the tightening up in conditions must increase the risk of a move before year end," said Su-Lin Ong, a senior economist at...

  • METALS-London copper slips, demand worries drag Tuesday, 27 Oct 2015 | 9:55 PM ET

    MELBOURNE, Oct 28- London copper slipped on Wednesday with patchy economic indicators in the United States casting doubt over the strength of global economic growth ahead of the outcome of a Federal Reserve meeting later in the session. *Shanghai Futures Exchange copper erased early gains, slipping 0.2 percent to 39,030 yuan a tonne. *Global miner Southern...

  • SINGAPORE, Oct 28- Gold retained small overnight gains on Wednesday, but caution prevailed ahead of a Federal Reserve policy statement later in the session as investors waited for clues on the timing of a U.S. rate hike. *Spot gold was little changed at $1,165.81 an ounce by 0030 GMT. Fed Chair Janet Yellen has since said the bank would still increase rates this year,...