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  • 'I don't buy Plosser's comments': Economist     Tuesday, 11 Nov 2014 | 6:13 PM ET

    Jerry Webman, Chief Economist & Senior Investment Strategist at OppenheimerFunds, explains why he disagrees with the comments of Charles Plosser, President at Federal Reserve of Philadelphia.

  • TOKYO, Nov 6- Asian shares and commodity currencies stumbled on Thursday as prices for a host of commodities retreated on lingering concerns over slower global growth, while Tokyo stocks stepped back after posting large gains in a Bank of Japan-inspired rally. European shares are seen falling, with spread-betters expecting Britain's FTSE to decline 0.3...

  • TOKYO, Nov 6- Asian shares and commodity currencies dropped on Thursday as investor concerns about a slowing Chinese economy eclipsed optimism over the U.S. outlook, while Tokyo stocks stepped back after posting large gains in a Bank of Japan-inspired rally. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent, led by declines in...

  • TOKYO, Nov 6- Asian shares eked out small gains and the dollar was riding high on Thursday after generally solid U.S. economic data and expectations of business-friendly policies following the Republican Party's election victory helped Wall Street shares to finish at a record high. The euro was holding near two-year lows although the common currency could...

  • *Committee votes 6-1 to keep rate at 2.0 pct; one wanted a cut. BANGKOK, Nov 5- Thailand's central bank left the door open to a possible cut in interest rates as the economy is growing more slowly than it forecast earlier, but held its policy rate steady on Wednesday. The Bank of Thailand said at a policy review it would cut its GDP forecasts this year and next, although...

  • BANGKOK, Nov 5- Thailand's central bank left its benchmark interest rate unchanged on Wednesday, as expected, but said there was still room to cut rates if needed as economic growth slows. The Bank of Thailand said it would cut its economic growth forecasts this year and next, but noted exports were poised to gradually pick up next year with the global recovery.

  • BRUSSELS, Nov 4- The fragile euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, revising down its forecasts and predicting more of the low inflation and high joblessness that plagues the bloc. The delay in the upturn was due to drag on the economy from France and Italy. While the bloc's hangover...

  • BUENOS AIRES, Nov 3- Chances of a deal to end Argentina's feud with holdout bond investors will improve in January when current restructuring rules expire, the economy minister said in comments published on Monday, raising some hopes for the country's stagnant economy. When it swapped 93 percent of its global bonds for new paper offering about 30 cents on the...

  • BUENOS AIRES, Nov 3- Chances of a deal to end Argentina's feud with holdout bond investors will improve in January when current restructuring rules expire, the economy minister said in comments published on Monday, raising some hopes for the country's stagnant economy. When it swapped 93 percent of its global bonds for new paper offering about 30 cents on the...

  • BANGKOK, Oct 31- Thailand's factory output fell but exports and consumption rose on Friday, suggesting the economy is struggling to gain momentum after a coup ended months of political unrest five months ago. "Overall, Thailand's economy is seeing a gradual recovery but the environment is still weak in terms of household spending and private investment," said...

  • WASHINGTON, Oct 29- The Federal Reserve on Wednesday ended its monthly bond purchase program and signaled confidence the U.S. economic recovery would remain on track despite signs of a slowdown in many parts of the global economy. The statement largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as...

  • NEW YORK, Oct 27- U.S. Treasury debt prices inched higher on Monday in a safe-haven bid on concerns about weak U.S. economic data and the steep drop in Brazil's stock market following the re-election of incumbent leftist Dilma Rousseff. "There is concern on the part of global investors about the likelihood that we do return to recession or growth that is...

  • MOSCOW, Oct 24- Russia's biggest food retailer Magnit posted a forecast-beating 40 percent jump in third-quarter earnings on Friday after nimbly navigating an import ban and sticking with low prices despite surging inflation. Magnit, a low cost retailer with a big presence in Russia's far-flung regions, moved quickly to find new supplies to fill gaps on the...

  • Caterpillar Inc and 3 M Co, both Dow components, reassured investors that multinationals can deliver solid earnings despite concerns about global economic growth. Shares of Caterpillar, which raised its full-year earnings outlook, rose 4.9 percent, while 3 M shares jumped 5.7 percent. "If we're looking at headwinds like currency and slowing global growth,...

  • *Euro rises vs dollar, yen despite weak German data. NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya,...

  • NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya, portfolio manager, director of currency strategy at...

  • Excess CEO pay a 'disease': Shareholder activists Monday, 20 Oct 2014 | 9:42 AM ET
    Nell Minow

    Robert Monks and Nell Minow work to hold executives of publicly traded companies accountable to shareholders, USA Today reports.

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • NEW YORK, Oct 17- U.S. That yield peak came after news the Thomson Reuters/ University of Michigan index of consumer sentiment unexpectedly rose in early October to more than a seven-year high. "The strong consumer confidence number, combined with yesterday's healthy drop in jobless claims, and the' don't end quantitative easing now' talk by Fed Governor Bullard, is...

  • Bund yields hit new lows as euro zone outlook weakens Wednesday, 15 Oct 2014 | 7:13 AM ET

    *Fitch places France's AA+ ratings on negative watch. LONDON, Oct 15- German Bund yields fell to a record low on Wednesday as worries over a deteriorating euro zone economic outlook, fed by another credit rating blow for France, and "free falling" inflation expectations dominated the market. Yields jumped in Greece, where investors are worrying about the risk of snap...