Tag Archives: economies
Stocks Close Higher on European Stimulus, Job Outlook
NEW YORK (TheStreet) — Stocks rallied Thursday as the European Central Bank lowered interest rates in a sign that policymakers are willing to take further actions to revive their moribund economies while investors embraced reports that showed improvement in U.S. Continue reading
ASIA MARKETS: Japan Stocks Soar As Yen Drops; Shanghai Slips
Japanese shares soared Monday, leading Asian markets by a wide margin, with the yen tumbling as investors interpreted a statement from the Group of 20 major economies Friday as offering the international community’s support for Tokyo’s monetary stimulus. Continue reading
Nikkei adds 0.7 percent in subdued trade; G20 outcome, earnings eyed
By Tomo Uetake TOKYO (Reuters) – Japanese stocks rose on Friday in choppy trade after a downward trend in the yen helped offset negative sentiment from Wall Street and buoyed some exporters. Investors are keeping an eye on the meeting of officials from the Group of 20 leading economies and key corporate earnings for firmer direction. The Nikkei share average gained 0.7 percent to 13,316.48, climbing above its five-day moving average of 13,283.31 after moving in and out of negative territory in the morning session Continue reading
ADB Warns on Inflation, Asset Bubbles
Asian policymakers should carefully monitor inflation and be wary of asset bubbles, against a backdrop of ample money flowing into the region and strong growth in local economies, the Asian Development Bank warned Tuesday. Continue reading
Safer Growth and Income ETFs for the 2Q Pullback
NEW YORK (ETF Expert) — People are feeling better about spending money. Similarly, investors are feeling better about risking it. The problem is, whenever people begin to feel wealthy due to a faulty premise (i.e., the U.S. Continue reading
Safer Growth and Income ETFs for the Second-Quarter Pullback
NEW YORK (ETF Expert) — People are feeling better about spending money. Similarly, investors are feeling better about risking it. Continue reading
Cyprus Secures $13 Billion Bailout
By Juergen Baetz, Associated Press BRUSSELS — Cash-strapped Cyprus secured a 10 billion euro ($13 billion) bailout package from its European partners and the International Monetary Fund in a bid to prevent the island nation from entering a bankruptcy that could rekindle the region’s debt crisis, officials said early Saturday. In a major departure from established policies, the package foresees a one-time levy on the money held in bank accounts in Cyprus Continue reading
British PM Cameron on India trade trip amid graft scandal
LONDON (Reuters) – British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition as a scandal engulfs an Anglo-Italian helicopter deal. Making his second visit to India as prime minister, Cameron's trip comes days after a similar trade mission by French President Francois Hollande, underlining how Europe's debt-stricken states are competing to tap into one of the world's fastest-growing economies. … Continue reading
Flaherty urges G20 to tone down currency rhetoric
Finance Minister Jim Flaherty says leaders of the advanced economies should tone down their words when it comes to competitive currency devaluation. Continue reading
Analysis: G20 promises unlikely to end devaluation debate
Financial leaders from the world’s 20 biggest economies may have promised not to devalue their currencies to help exports, but the pledge will do little to keep exchange rates stable. Continue reading
