British Columbia Proposes Tax Break to Induce Natural Gas Development

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Chester Dawson The Canadian province of British Columbia on Tuesday introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development of multibillion-dollar liquefied natural gas plants on the country's Pacific coast. The ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Eric Morath The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states ...

EU Won't Change Fiscal Rules -- Juncker

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Laurence Norman The incoming European Commission will make no changes to the bloc's fiscal rules, incoming President Jean-Claude Juncker said in a keynote speech Wednesday as he sought parliament's backing for his proposed executive team. Speaking at the European ...

Dollar Slightly Lower Againt Yen As Nikkei Pares Gains

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Hiroyuki Kachi The dollar was slightly lower against the yen in otherwise directionless Asia trade Wednesday, with the Nikkei Stock Average losing some of its earlier gains. As of 0450 GMT, the dollar was at Y106.92 from Y107.00 late ...

China: Will the Tough Get Going?

China: Will the Tough Get Going?

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

For China the Going Gets Tough. Will the Tough Get Going? A New Study Says So.

Australian Inflation Eases in 3rd Quarter

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third quarter from the ...

Russia's Economy Stops Growing in September on Sanctions, Uncertainty

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Andrey Ostroukh MOSCOW--Russia's economy, hit by Western sanctions, stopped growing in September, data from the economy ministry showed Wednesday. Russia this year is on track to post its lowest growth since 2009. Russia's standoff with the West over the ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states below that mark ...

BOE Officials Gloomier on Economy, Minutes Show

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Jason Douglas and Jon Sindreu LONDON--Bank of England officials grew gloomier about the U.K.'s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month's policy meeting published Wednesday. The ...

Brazil Vote Shows Divide Between Classes

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By John Lyons PAULISTANA, Brazil--Like most people in this parched corner of Brazil's impoverished northeast, Bartholomew Francisco wants President Dilma Rousseff to win re-election in this nation's close presidential race on Sunday. His reason: gratitude for welfare money that is ...

Australian Inflation Eases After Carbon Tax Scrapped

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By James Glynn SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third ...

Talk of ECB Stimulus Steadies Europe Stocks

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Tommy Stubbington European stocks steadied at near two-week highs Wednesday, following a rally sparked by the possibility of further stimulus measures from the European Central Bank. The Stoxx Europe 600 index was little-changed in early trade, at its highest ...

Oil Prices Set to Rebound, Says Russian Energy Minister--Interfax

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Olga Razumovskaya MOSCOW--Russian energy minister Alexander Novak said that the ministry believes oil prices will rebound to between $90 per barrel to $110 per barrel in the medium-term and long-term, Interfax reported Wednesday. Oil is currently trading at around ...

CURRENCIES: Dollar Edges Lower Against Yen As Nikkei Pares Gains

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Hiroyuki Kachi The dollar was slightly lower against the yen in otherwise directionless Asia trade Wednesday, with the Nikkei Stock Average losing some of its earlier gains. As of last check, the dollar (USDJPY) was at Yen106.92, from Yen107.00 ...

Japan's September Exports, Trade Deficit Edge Up

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

TOKYO--Japanese exports rebounded in September, growing 6.9% from a year earlier, the finance ministry said Wednesday, helped by the yen's descent in the reporting month and a surge in output among suppliers of Apple Inc.'s new smartphones. But the nation's ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 22, 2014 PUB DATE: Oct. 21, 2014

By Richard Silk BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results Tuesday marked a drop from the second ...