France 2013 Current Account Deficit Declines Slightly Vs 2012

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By William Horobin

PARIS--France's current account deficit narrowed slightly in 2013 as the services surplus declined and the goods deficit fell.

France recorded a EUR30.3 billion current account deficit in 2013 after EUR31.8 billion in 2012, the ...

TECH STOCKS: Oracle Back To Buying With $5.3 Billion Micros Deal

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Oracle Corp. got a mild lift Monday after the business-software giant confirmed it would acquire Micros Systems Inc. for $5.3 billion.

Oracle (ORCL) rose by 28 cents a share to close at ...

TECH STOCKS: Oracle Shares Rise After $5.3 Bln Deal To Buy Micros

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Oracle Corp. on Monday confirmed what had been speculated for about a week when the business-software giant said it would acquire Micros Systems Inc. for $5.3 billion.

Micros (MCRS) specializes in software ...

EU Scales Back Ties With Thailand

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Laurence Norman

LUXEMBOURG--The European Union will scale back political ties with Thailand following the recent coup, putting on hold the signing of a political pact and suspending official visits, the bloc said Monday.

At a meeting of foreign ministers ...

Tesoro to Shift Some Terminal Assets to Limited Partnership

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Maria Armental

Refiner Tesoro Corp. (TSO) outlined plans to shift some terminal and pipeline properties to its limited partnership.

Tesoro Logistics LP (TLLP) plans to acquire three marketing terminals, a storage facility and a refined-products pipeline for about $270 ...

China HSBC PMI Rises to Seven-Month High

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By William Kazer and Richard Silk

BEIJING--A gauge of China's factory activity showed fresh signs of strength in June, helped by improved export demand and a program of economic support for the economy.

The HSBC preliminary manufacturing Purchasing Managers ...

EU Ready to Increase Sanctions on Russia, Foreign Ministers Say

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Laurence Norman

LUXEMBOURG--The European Union is ready to increase sanctions pressure on Russia if Moscow doesn't take the opportunity created by Ukraine's cease-fire plan, foreign ministers said Monday.

EU heads of government will meet at a summit ...

Argentina to Ask U.S. Judge for Talks in Debt Dispute

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Ken Parks

BUENOS AIRES--Argentina's lawyers on Monday will submit a proposal for talks with its creditors to U.S. District Judge Thomas Griesa in an attempt to diffuse a legal dispute that threatens to push the country into ...

The Fixers From D.C. -- Al's Emporium

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Al Lewis

How rigged is the stock market?

It's so rigged that a Wall Street trader can go to a congressional aide and trade on policy decisions before they are announced.

Last week, The Wall Street Journal reported ...

Euro-Zone Business Activity Slows in June -- Update

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Paul Hannon

Business activity in the euro zone slowed for a second straight month in June, a sign that the recovery continued to be modest as France struggled to generate economic growth.

Data firm Markit said its composite purchasing ...

CURRENCIES: Aussie Rises After China's Manufacturing Expands

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Saumya Vaishampayan, MarketWatch

NEW YORK (MarketWatch) -- The Australian dollar rose against the U.S. dollar Monday after a better-than-expected reading on Chinese manufacturing showed a return to expansion.

The Chinese manufacturing sector swung into growth territory in June, with ...

Oil Futures Dip But Stay Elevated on Iraq Fears

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Nicole Friedman

NEW YORK--Oil futures ticked slightly lower Monday but held near nine-month highs on continued concerns that turmoil in Iraq could disrupt exports.

Light, sweet crude for August delivery fell 21 cents, or 0.2%, to $106.62 ...

UK Banks Report Increased Demand For Business, Secured Lending

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Ilona Billington

LONDON--U.K. businesses' demand for loans rose for a second straight quarter, the Bank of England said Monday, a sign that business investment is picking up and should continue to support the economic recovery.

The BOE said ...

Argentina Asks Judge for Talks in Debt Dispute -- 3rd Update

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Ken Parks and Nicole Hong

BUENOS AIRES--Argentina on Monday took its first step in U.S. court toward negotiating with holdout creditors in a bid to end a dispute over unpaid debt and avoid a default.

Argentine stocks and ...

Oil Futures Ease From Recent Highs

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Nicole Friedman

NEW YORK--Oil futures slipped Monday as Iraq's oil production continued to be untouched by ongoing violence in the country.

Light, sweet crude for August delivery settled down 66 cents, or 0.6%, at $106.17 a ...

Commodity-Based Currencies Gain After China Data Show Growth

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By James Ramage

Commodity-based currencies held onto most gains made against the dollar and the yen after a surprise jump in factory activity for China, the world's second-largest economy, pointed to increased demand for the natural resources produced in ...

Central Bank Reserve Managers More Cautious as Fed Tapers

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By Chiara Albanese

Central bank reserve managers across the world are ready to take a more cautious approach to investment as the U.S. Federal Reserve continues to reduce its monetary stimulus, with the full effect of such tapering still ...

Gauge of China's Factory Activity Hits Seven-Month High

TODAY: Aug. 28, 2014 PUB DATE: June 23, 2014

By William Kazer and Richard Silk

BEIJING--A gauge of China's factory activity showed fresh signs of strength in June, helped by improved export demand and an economic-support program.

The HSBC preliminary manufacturing Purchasing Managers' Index came in at a ...