White House Government Agencies

  • NEW YORK, May 18- U.S. Improving U.S. economic data and recent comments from U.S. central bank officials about resuming a rate tightening cycle have prompted selling of Treasuries ahead of the release of the minutes from the policy-setting Federal Open Market Committee's April 26-27 meeting, analysts said. The minutes are due to be released at 2 p.m. EDT.

  • SAO PAULO, May 18- Most Latin American currencies weakened on Wednesday amid growing expectations that the Federal Reserve would increase U.S. interest rates relatively soon, drawing investment flows away from emerging market assets. The bank, which has bolstered its intervention policy as Brazil's political crisis triggered currency volatility, had...

  • NEW YORK, May 18- U.S. environmental regulators were expected to raise targets for the amount of corn-based ethanol and biofuels that must be mixed into the nation's motor fuel supply next year in a proposal that could come as early as Wednesday afternoon, five sources said. A spokeswoman for the EPA declined to comment on the timing of the proposal or its contents.

  • BUDAPEST/ PRAGUE, May 18- Central European assets eased on Wednesday amid concern the Federal Reserve will raise U.S. interest rates when it meets next month, reducing demand for the region's high-yielding securities. The zloty retreated further from the four-week high it reached against the euro after Moody's left its rating on Poland unchanged on Friday.

  • *Polish employment, wages data due at 1200 GMT. BUDAPEST/ WARSAW, May 18- Central European assets eased on Wednesday amid concern the Federal Reserve will raise U.S. interest rates when it meets next month, reducing demand for the region's high-yielding securities. The zloty retreated further from the four-week high it reached against the euro after Moody's left...

  • LONDON, May 18- Gold fell almost one percent on Wednesday as the dollar hit a three-week high after strong U.S. economic data and comments from Federal Reserve officials bolstered expectations that the central bank could soon hike interest rates. Spot gold dipped 0.7 percent to $1,271.60 an ounce at 0916 GMT, while U.S. gold futures fell 0.3 percent to $1,273.20.

  • LONDON, May 18- Heightened prospects of a Federal Reserve interest rate rise weighed on emerging markets on Wednesday, while political turmoil surrounding South African Finance Minister Pravin Gordhan knocked the rand to a two-month low. "The fact Gordhan is under so much pressure does speak to the power of the anti-reform faction within South Africa," said UBS...

  • *Japan's Nikkei closes flat as yen weakens after GDP data. LONDON, May 18- Stock markets in Europe and Asia weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve officials that rekindled prospects of an interest rate rise within months. Hong Kong shares fell by 1.5 percent and Europe's major markets by up to half a...

  • May 18- Hong Kong stocks tumbled on Wednesday, with sentiment hurt by weakness on Wall Street, following comments from Federal Reserve officials that rekindled prospects of a U.S. interest rate rise as soon as June. Sentiment in Hong Kong had already been weak in recent weeks, due to concerns that signs of a recovery in China's economy were fading.

  • SHANGHAI, May 18- China's benchmark stock index closed at the lowest level in 2-1/ 2 months on Wednesday, after comments from Federal Reserve officials rekindled prospects of a U.S. interest rate rise as early as June. Sentiment in China had already been weak in recent months amid concerns that signs of recovery in its economy may be short-lived and worries that...

  • LONDON, May 18- European shares fell on Wednesday, tracking losses on Asian and U.S. stock markets that were caused by renewed expectations that the U.S. Federal Reserve could raise rates later this year. Swiss hearing aid maker Sonova was among the worst-performing stocks in Europe, slumping 5.5 percent after missing its full-year sales and profit targets.

  • Spot gold dropped 0.4 percent to $1,274.58 per ounce at 0442 GMT, after gaining 0.5 percent in the previous session. U.S. gold futures were down 0.4 percent to $1,276.30. "The prices have slipped slightly today... that is partly due to speculation or increased bets that the Fed will be listing higher rates this year," said Vyanne Lai, analyst, National Australia Bank.

  • *China property shares firm on encouraging data. SHANGHAI, May 18- Shares in China and Hong Kong shed over 1 percent on Wednesday after comments from Federal Reserve officials rekindled prospects of a U.S. interest rate rise as early as June. Small-caps lead the decline in China, with Shenzhen's start-up board ChiNext slumping 2.8 percent.

  • SHANGHAI, May 18- The yuan eased against the dollar to hover near its two-month trough on Wednesday, as companies rushed to buy the U.S. currency on increased prospects of a U.S. interest rate hike. The People's Bank of China set the midpoint rate at 6.5216 per dollar prior to market open, only 0.02 percent weaker than the previous fix 6.5200, in response to a little...

  • *Asian shares lower after 1 pct fall on Wall Street. Japan's Nikkei bucks trend, as yen weakens after GDP data. TOKYO/ SINGAPORE, May 18- Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve officials that rekindled prospects of an interest rate rise as early as June.

  • *Spot gold was little changed at $1,278.65 per ounce at 0042 GMT, after gaining 0.5 percent on Tuesday. The currency weakened against the yen on positive Japan economy data. *MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent in early trade, while Japan's Nikkei was little changed, held up by stronger-than-expected reading in Japan's...

  • *Asian shares lower after 1 pct fall on Wall St shares. TOKYO, May 18- Asian shares stepped back on Wednesday after strong U.S. inflation data and comments from Federal Reserve officials rekindled the prospects of the central bank raising rates later this year. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent in early trade, while...

  • May 17- The U.S. Food and Drug Administration approved the first drug to stimulate appetite in dogs, Aratana Therapeutics Inc, which developed the treatment, said on Tuesday. Nearly 10 million dogs suffer from a lack of appetite, Chief Executive Steven Peter said in a statement. The Kansas City- based company's shares were trading up about 10 percent at $6.68 after...

  • *April consumer prices record biggest gain in over 3 years. May 17- Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot dragged on indexes following its quarterly report. "The equity market is taking cues from stronger data and some of the comments from Fed members in terms of maybe...

  • NEW YORK, May 17- Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot dragged on indexes following its quarterly report.