French September PPI Up 0.5%

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

PARIS--French producer prices edged higher in September on the month due to higher energy and water costs, French statistics agency Insee said on Friday. The producer price index rose 0.5% in September from August, but fell 1.4% on the year-earlier ...

MARKET SNAPSHOT: Dow Rings Up Eighth Triple-digit Gain In October

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The Dow Jones Industrial Average vaulted higher on Thursday trading, dragging the other major U.S. benchmarks higher as well. The Dow industrials staged a rally of more than 200 points, after starting ...

Russia Raises Interest Rates -- Update

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Andrey Ostroukh MOSCOW--The Bank of Russia on Friday raised interest rates by 1.5 percentage points, the largest rise since March, highlighting the deepening economic cost of sanctions and falling oil prices. The rate rise, which was larger than markets ...

Canada's Economy Shrinks Unexpectedly in August

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Nirmala Menon OTTAWA--The Canadian economy shrank unexpectedly in August for the first time since December 2013, dragged by lower energy and manufacturing output. It's the second consecutive disappointing month after output stalled in July and marks the worst back-to-back ...

MARKET SNAPSHOT: U.S. Stocks: S&P 500, Dow Hit Record Levels

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Barbara Kollmeyer and Anora Mahmudova, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market surged in morning trade, sending the S&P; 500 and Dow Jones Industrial Average into record territory, as fresh stimulus from the Bank ofJapan. The measures ...

U.S. Wages Show Fresh Sign of Breakout--Update

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Ben Leubsdorf U.S. employers' labor costs picked up this summer for the second straight quarter, a sign that worker pay could finally break out of its postrecession pattern of sluggish growth. The employment-cost index, a broad gauge of wage ...

U.S. Employment Costs Up 0.7% in 3Q

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

WASHINGTON--U.S. employers' labor costs picked up this summer for the second straight quarter, a sign that worker pay could finally break out of its postrecession pattern of sluggish growth. The employment-cost index, a broad gauge of wage and benefit expenditures, ...

Brazil Posts September Primary Deficit of 25.5 Billion Reais

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Jeffrey T. Lewis SÃO PAULO--Brazil's primary budget deficit widened in September from August as spending by the central government soared and revenue declined, the central bank said Friday. The country's national, state and municipal governments together had a primary ...

Dollar Climbs to Near Seven-Year High Against Yen

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By James Ramage The yen collapsed against the dollar and other currencies Friday after the Bank of Japan surprised markets by increasing its monthly asset purchases in an effort to boost the economy. The dollar rocketed to 112.48 yen, the ...

Brazil Admits Key Fiscal Target Not Achievable

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

BRASILIA--Brazil's government admitted Friday it won't be able to hit a key fiscal target for 2014, on the same day it said September's budget figures were the worst ever, as it tries to rebuild credibility following years of meeting its ...

Dollar Climbs to Near 7-Year High Against Yen

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By James Ramage The yen collapsed against the dollar and other currencies Friday after the Bank of Japan surprised markets by increasing its monthly asset purchases in an effort to boost the economy. The dollar rocketed to Yen112.48, the highest ...

Ukraine, Russia Reach Deal on Gas Dispute

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Vanessa Mock And Laurence Norman BRUSSELS--Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter. The deal was sealed after months of intense negotiations brokered ...

Fed: Central Banks May Have Less Room to Ease

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

NEW YORK--Federal Reserve Bank of San Francisco President John Williams said on Friday that central banks' largely successful pursuit of low inflation could mean they more frequently run into periods where monetary policy hits levels of interest rates that can't ...

Oil Futures Rangebound, Brent Hovers Around $86/bbl

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Eric Yep Crude-oil futures traded in a narrow price range in Asian hours Friday and remained under pressure from strength in the greenback and oversupply concerns. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Finnair 3Q Net Profit Falls 38% On Declining Sales

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Christina Zander STOCKHOLM--Finnish airline Finnair Oyj (FIA1S.HE) said Friday its third quarter net result dropped 38% as cost reductions failed to offset declining sales. The airline, which operates flights to European and Asian destinations, said net profit for the ...

BOJ: Not Out of Policy Ammunition

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

TOKYO--Bank of Japan Gov. Haruhiko Kuroda said Friday that the central bank has yet to run out of ammunition, rejecting the notion that there is little he can do if the rate of inflation again defies his optimistic projections. "Our ...

Sinopec to Buy Saudi Arabian Petrochemical Firm Stake for $562 Million

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Yvonne Lee HONG KONG--State-controlled China Petroleum & Chemical Corp., or Sinopec, said Thursday it agreed to acquire stake in a Saudi Arabian petrochemical company for $562 million to enhance its global network and international operation of the refining segment. ...

French September PPI Up 0.5% on Month, Down 1.4% On Year

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Noemie Bisserbe PARIS--French producer prices edged higher in September on the month due to higher energy and water costs, French statistics agency Insee said on Friday. The producer price index rose 0.5% in September from August, but fell 1.4% ...

U.S. Consumer Spending Drops in September

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Josh Mitchell and Ben Leubsdorf WASHINGTON--Americans cut spending last month for the first time since January, raising doubts about the economy's ability to maintain the summer's sturdy growth. Personal spending, reflecting what Americans pay for everything from haircuts to ...

Italy October Preliminary CPI Up for First Time in Three Months

TODAY: Dec. 20, 2014 PUB DATE: Oct. 31, 2014

By Liam Moloney ROME--Italy's consumer price index rose in October for the first time in three months on a yearly basis, easing concerns about the risk of deflation, data from the statistics institute Istat said Friday. Italy's national inflation index ...