×

White House Government Agencies

  • *Wall St slips, most Asia stocks follow. SYDNEY/ TOKYO, Dec 15- Asian shares and currencies struggled on Thursday after the Federal Reserve raised rates for the first time in a year and hinted at the risk of a faster pace of tightening than investors were positioned for. Yields on short-term U.S. debt surged to the highest since 2009, sending the dollar to peaks not...

  • SEOUL, Dec 15- South Korea's central bank held its key policy rate steady at a record low of 1.25 percent on Thursday, as authorities sit tight in the face of a political crisis at home and the U.S. The Bank of Korea's monetary policy committee held its base rate steady, a media official said, just hours after the Fed raised rates for the first time this year and sent...

  • SINGAPORE, Dec 15- Oil prices dropped on Thursday as a hike in U.S. interest rates prompted a flood of money away from commodities and into U.S. bonds and the dollar. West Texas Intermediate crude oil futures were trading at $50.89 per barrel at 00101 GMT, down 15 cents from their last settlement. "The Federal Reserve hike... saw bond yields rise, dealing a blow to...

  • SAO PAULO, Dec 14- Latin American currencies weakened on Wednesday after the Federal Reserve hiked U.S. interest rates for the first time this year, and signaled a faster pace of increases in 2017 amid promises of tax cuts, spending and deregulation by President-elect Donald Trump. Mexico's peso lost nearly 1 percent to close at 20.47 pesos per dollar.

  • *Wall St slips, most Asia stocks likely to follow. SYDNEY/ TOKYO, Dec 15- Asian shares and currencies struggled on Thursday after the Federal Reserve raised rates for the first time in a year and hinted at the risk of a faster pace of tightening than investors were positioned for. Wall Street suffered its biggest percentage decline since before the Nov. 8 U.S....

  • TOKYO, Dec 15- The dollar hovered near a 14- year peak against a basket of major currencies on Thursday, receiving a major boost after the Federal Reserve increased the number of projected interest rate hikes for 2017.. The euro was down 0.2 percent at $1.0513 after sliding overnight to $1.0497, a trough not seen in 21 months. The dollar's push above 117 yen came...

  • NEW YORK, Dec 14- Wall Street's top banks were not immediately swayed Wednesday by signals from the Federal Reserve that the pace of interest rate hikes could pick up significantly next year, sticking instead to a view that the U.S. central bank will lift borrowing costs no more than twice in 2017, according to a Reuters poll. They moved up the dots a little bit more...

  • REUTERS POLL- MEDIAN VIEW OF 16 PRIMARY DEALERS IS FOR YEAR-END 2018 FED FUNDS RATE MIDPOINT OF 1.76 PCT.

  • REUTERS POLL- MEDIAN VIEW OF 18 PRIMARY DEALERS IS FOR YEAR-END 2017 FED FUNDS RATE MIDPOINT OF 1.13 PCT.

  • PRIMARY DEALERS SEE NO MORE THAN TWO FEDERAL RESERVE RATE HIKES IN 2017.

  • CHICAGO, Dec 14- The U.S. Department of Agriculture proposed rules on Wednesday it said will help protect chicken producers from mistreatment by the small group of meat companies that control most of the country's production. Proponents of the changes, including the National Farmers Union, said they hoped Republican President-elect Donald Trump's...

  • *Wall St slips, most Asia stocks likely to follow. SYDNEY, Dec 15- Asian markets were set for a rough ride on Thursday after the Federal Reserve raised rates for the first time in a year and hinted at the risk of a faster pace of tightening than investors were positioned for. Wall Street suffered its biggest percentage decline since before the Nov. 8 U.S. presidential...

  • Areva notified the U.S. Nuclear Regulatory Commission last week that a review of paperwork "anomalies" at its Le Creusot facility in France "has not found any safety concerns," NRC spokesman David McIntyre said on Wednesday. France's Nuclear Safety Authority, or ASN, requested a probe of Le Creusot in early May after a flaw was discovered in the vessel of a reactor...

  • NEW YORK, Dec 14- Top BlackRock Inc bond investor Rick Rieder on Wednesday said tax cuts would help the U.S. economy withstand even sharply higher interest rates. "Monetary policy has taken a backseat," Reider, BlackRock's chief investment officer of global fixed income, told Reuters after the Federal Reserve raised rates for the first time in a year.

  • Areva notified the U.S. Nuclear Regulatory Commission last week that a review of paperwork "anomalies" at its Le Creusot facility in France "has not found any safety concerns," NRC spokesman David McIntyre said on Wednesday. France's Nuclear Safety Authority, or ASN, requested a probe of Le Creusot in early May after a flaw was discovered in the vessel of a reactor...

  • Dec 14- A Pfizer Inc ointment to treat mild to moderate cases of the itchy skin condition eczema, or atopic dermatitis, won U.S. approval for use in patients aged two years and older, the Food and Drug Administration said on Wednesday. Pfizer, which acquired the drug through its $5.2 billion purchase of Anacor Pharmaceuticals earlier this year, has estimated...

  • Dec 14- Goodbye "high-pressure" economy; an interesting idea but one Federal Reserve Chair Janet Yellen will probably never get to try in the Donald Trump era. That's because fiscal stimulus, particularly the kind of tax cuts Trump is contemplating, and especially protectionism, would remove what little flexibility the Fed might have to keep interest rates...

  • *Fed funds rate raised to range of 0.50 pct to 0.75 pct. WASHINGTON, Dec 14- The U.S. In a news conference following the unanimous rate decision, Fed Chair Janet Yellen said Donald Trump's election had put the central bank under a "cloud of uncertainty" and already prompted some policymakers to shift their view of what's to come.

  • NEW YORK, Dec 14- U.S. stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected. The Fed's decision to raise rates comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on...

  • *Euro hits $1.0497, lowest vs dollar since March 2015. NEW YORK, Dec 14- The U.S. dollar hit its highest level against a basket of major currencies in nearly 14 years on Wednesday after the Federal Reserve raised interest rates for the first time this year and signalled a faster pace of increases in 2017.. The dollar index hit 102.350, its highest level since early...