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Hong Kong protests weigh on investor sentiment

Sep 29, 2014 at 18:37 | Source: BBC

Protests in Hong Kong dragged down the stock market by nearly 2% but elsewhere in the region, the sentiment is positive. Hong Kong's Hang Seng Index ended Monday's session lower by 1.9% to close at 23,229.21 after shedding 449 points. The H...

US economic growth revised upwards again

Sep 26, 2014 at 19:01 | Source: BBC

The US economy grew at an annual rate of 4.6% between April and June, faster than the previous estimate of 4.2%, according to revised figures from the US Department of Commerce. The revision was due to larger rises in exports and business investment....

The US Federal policy is boring again. And that s a relief

Sep 19, 2014 at 04:22 | Source: Economic Times

By Neil Irwin NEW YORK: For the last six years, Federal Reserve policy has been sexy, or at least as sexy as monetary policy can ever be. Leaders of the central bank have had to improvise answers to tremendously consequential questions. What should t...

S P hits record on Federal Reserve support; financials lead

Sep 18, 2014 at 23:07 | Source: Economic Times

NEW YORK: US stocks were rising in late morning trading on Thursday, with the S&P 500 hitting a record high a day after the US Federal Reserve renewed its commitment to keeping interest rates low. The Fed said Wednesday at the conclusion of a two-day...

US Fed offers no hint on rate rise as stimulus ends

Sep 18, 2014 at 05:56 | Source: BBC

The US Federal Reserve has reiterated that it will raise interest rates once a considerable time has passed after its stimulus programme ends in October. The announcement came at the end of a two-day meeting of the central bank's policy committe...

Has quantitative easing helped the US economy?

Sep 18, 2014 at 05:56 | Source: BBC

Since the end of the financial crisis in 2008-2009, the US Federal Reserve has been, essentially, printing money to boost the US economy. The programme, known as quantitative easing (QE), is about to come to an end in October. At a press conference o...

PM Modi's US visit: Why this trip is so important to India

Sep 15, 2014 at 07:52 | Source: Economic Times

By NR Narayana Murthy I believe our Prime Minister's visit to the US will be one of his most important foreign trips, if not the most important foreign trip he will make during his tenure as PM. There are several reasons for it. First, he will have t...

US retail sales driven by car buying and health spending

Sep 13, 2014 at 10:57 | Source: BBC

US retail sales rose by 0.6% in August, compared with the previous month, driven by car purchases, the US Commerce Department said. On a yearly basis, they rose by 5%. Increases in spending came from car sales, up 9.5% from August 2013, and healthcar...

US retail sales driven by car buying, according to official figures

Sep 12, 2014 at 20:16 | Source: BBC

US retail sales rose by 0.6% in August, compared with the previous month, driven by car purchases, the US Commerce Department said. On a yearly basis, they rose by 5%. Increases in spending came from car sales, up 9.5% from August 2013, and healthcar...

US economy adds 142,000 jobs in August

Sep 05, 2014 at 19:52 | Source: BBC

The US economy added 142,000 jobs in August, latest figures from the Bureau of Labor Statistics reveal, missing expectations. The unemployment rate dipped to 6.1% from 6.2% in July. The world's largest economy had been averaging a monthly jobs g...

Top six factors that are taking Indian markets to all-time highs

Aug 29, 2014 at 05:07 | Source: Economic Times

MUMBAI: The Indian benchmark indices on short intervals are hitting all-time high levels. The sentiment among investors has turned bullish and they are expecting the Nifty to rally another 5-10 per cent in the run-up to Diwali. A mix of global and do...

US economic growth revised upwards

Aug 28, 2014 at 20:26 | Source: BBC

The US economy grew at an annual rate of 4.2% in the second quarter of the year, according to revised figures from the US Department of Commerce. The revision upwards from 4.0% reflected stronger business spending and exports. It was the fastest pace...

Fed chief Yellen says slack remains in US jobs market

Aug 22, 2014 at 21:16 | Source: BBC

US Federal Reserve chair Janet Yellen has said there is still remaining slack in the labour market . It was understated by the unemployment rate, at 6%, she said. She called for the slack to be more nuanced in the way it was assessed, due to consider...

Still awash with cash, world economies take turn for the worse

Aug 21, 2014 at 00:15 | Source: FirstPost

LONDON (Reuters) - China's economy is slowing. The euro zone's is a flat line. Japan's sank in the second quarter. Britain has wage deflation. The U.S. economy is ticking over at best.In a world preoccupied by geopolitical crises - from Ukraine, Iraq...

Macy's cuts sales forecasts after first quarter sales decline

Aug 20, 2014 at 23:02 | Source: BBC

US department store chain Macy's has cut its full-year sales forecasts to make up for first-quarter losses, when bad weather kept shoppers away. Macy's cut its same-store sales forecast to a range of 1.5% to 2% for the full year, from a pre...

India figures among top 16 lenders to US as bond investments hit $73 billion in June

Aug 19, 2014 at 05:52 | Source: Economic Times

MUMBAI: India is now among the 16 top lenders to the United States, with its investments in the US government bonds hitting a new high in June at $73 billion. Indian investors — predominantly the Reserve Bank of India — have increased exposure to...

Macy's cuts sales forecasts to recover previous losses

Aug 13, 2014 at 21:27 | Source: BBC

US department store chain Macy's has cut its full-year sales forecasts to make up for first-quarter losses, when bad weather kept shoppers away. Macy's cut its same-store sales forecast to a range of 1.5% to 2% for the full year, from a pre...

Nifty slips below 7,600 support; postpone new stock purchases, say experts

Aug 08, 2014 at 12:27 | Source: Economic Times

MUMBAI: The Nifty has corrected nearly 3.70 per cent in the last 10 trading sessions as investors are waking up to the reality of global geo-political tensions, strengthening US dollar, high inflation and interest rates back home. The benchmark indi...

US trade deficit narrows as imports drop

Aug 07, 2014 at 02:07 | Source: BBC

The US trade deficit fell in June after imports dropped 1.2% from the previous month, the biggest fall in a year. The Department of Commerce reported a deficit of $41.5bn in June, a 7% decline from May's $44.7bn. Imports fell by $2.9bn to $237.4...

US economy adds 209,000 jobs in July

Aug 02, 2014 at 04:02 | Source: BBC

The US added 209,000 jobs in July, adding to optimism that the country's recovery continues apace. The unemployment rate ticked up slightly to 6.2%, latest data from the Bureau of Labor Statistics has shown. The biggest job gains were in profess...

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