Mourners Gather for Nancy Reagan's Funeral--Update

TODAY: April 29, 2016 PUB DATE: March 11, 2016

Associated Press SIMI VALLEY, Calif.--Mourners are arriving for Nancy Reagan's funeral at the Ronald Reagan Presidential Library in Simi Valley, northwest of Los Angeles. About 1,000 relatives, dignitaries and friends are expected for Friday's memorial, which begins at 2 p.m. ...

Jobless Claims Expected To Rise -- Data Week Ahead

TODAY: April 29, 2016 PUB DATE: March 11, 2016

The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. The FOMC meeting statement is scheduled for release on Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairwoman ...

CURRENCIES: Euro Rises Vs. Dollar For 2nd Straight Week

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Victor Reklaitis, MarketWatch , Hiroyuki Kachi Resource-linked currencies strengthen against the buck The dollar strengthened Friday against its main rivals after China guided its currency higher, assuaging concerns about authorities' ability to guide the world's second-largest economy through a ...

Vivendi Raises Stake in Telecom Italia

TODAY: April 29, 2016 PUB DATE: March 11, 2016

ROME?French media company Vivendi SA raised its stake in Telecom Italia SpA, as the biggest shareholder of the Italian telecommunications operator reached a level just below the threshold that would require it to launch a takeover bid, Vivendi said in ...

Bulgarian Man Charged in Securities Hoax

TODAY: April 29, 2016 PUB DATE: March 11, 2016

Manhattan federal prosecutors unsealed charges Thursday against a Bulgarian man, accusing him of orchestrating bogus takeovers of publicly traded companies, including one involving Avon Products Inc. last year that caused the New York Stock Exchange to halt trading in Avon ...

Malaysia January Industrial Output +3.2% on Year; +2.3% Expected

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Yantoultra Ngui KUALA LUMPUR--Malaysia's industrial output expanded more than expected in January, rising 3.2% on-year, mainly driven by growth across manufacturing, mining and electricity outputs, official data released Friday show. The rate of growth was faster than the average ...

China Chemical Deals Are Fueled With Debt

TODAY: April 29, 2016 PUB DATE: March 11, 2016

(FROM THE WALL STREET JOURNAL 3/11/16) By Kane Wu China Inc.'s most aggressive overseas acquirer is addicted to debt. China National Chemical Corp. -- known as ChemChina -- has asked bankers for more than $43 billion in loans over the ...

Asian Shares Mostly Gain -- 2nd Update

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Dominique Fong Asia stocks recouped losses to end higher Friday, as a larger than expected stimulus package from the European Central Bank buoyed investors' spirits. In China, the Shanghai Composite Index rose 0.2%. Hong Kong's Hang Seng Index was ...

EUROPE MARKETS: European Stocks Leap As Banks Get An ECB Boost

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Carla Mozee, MarketWatch Focus shifts back to ECB after euro-led selloff European stocks leapt Friday, as investors digested the European Central Bank's surprise stimulus efforts, giving a boost to shares of eurozone banks. The Stoxx Europe 600 pushed up ...

Oil Prices Rise on Hopes Glut Will Ease --Update

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Georgi Kantchev LONDON--Oil prices rose on Friday after a top energy monitor said that prices might have bottomed on hopes that falling supply would help alleviate the global glut of crude. The International Energy Agency said that prices have ...

U.S. Import Prices Fell 0.3% in February

TODAY: April 29, 2016 PUB DATE: March 11, 2016

WASHINGTON?Prices for imported goods fell last month in a sign that global economic weakness, the strong dollar and cheap oil may continue to curb overall U.S. inflation. Import prices decreased 0.3% in February from the prior month after falling a ...

U.K.'s Trade Deficit With EU Hit New Record in January Update

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By David Hodari and Jason Douglas LONDON--The U.K.'s trade deficit with the European Union widened to a record level in January, according to official figures released Friday, even as the country's global trade position improved. The U.K.'s Office of National ...

Asian Rubber Futures Finish Mixed on China Concerns

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Vibhuti Agarwal Asian rubber futures ended mixed on investor concerns of an economic slowdown in China. The Tokyo Commodity Exchange rubber contract for August delivery finished 2.5 yen lower at Y168.7 ($1.49) a kg Friday. Weak Chinese export data ...

Correction to China New Yuan Loans in February Article

TODAY: April 29, 2016 PUB DATE: March 11, 2016

Chinese financial institutions issued 726.6 billion yuan ($111.6 billion) of new yuan loans in February. "China New Yuan Loans in February Down Sharply From Previous Month," published at 1202 GMT, incorrectly said they issued 726.8 billion yuan ($111.8 billion) in ...

Bundesbank Opposed Latest ECB Stimulus Package

TODAY: April 29, 2016 PUB DATE: March 11, 2016

FRANKFURT?Germany's Bundesbank opposed the European Central Bank's stimulus package as structured Thursday and fears a "doom loop" of high market expectations followed by disappointment, people familiar with the matter said. The ECB on Thursday announced a larger-than-expected package of interest-rate ...

Angola's President to Step Down

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Patrick McGroarty JOHANNESBURG--Angola's President José Eduardo dos Santos said Friday that he would step down in 2018, portending an end to one of Africa's oldest autocracies and an uncertain succession in the continent's second-biggest oil producer. "I took the ...

CURRENCIES: Dollar Rises As China Calms Fears About Slowdown

TODAY: April 29, 2016 PUB DATE: March 11, 2016

By Victor Reklaitis, MarketWatch , Hiroyuki Kachi Resource-linked currencies strengthen against the buck The dollar strengthened Friday against its main rivals after China guided its currency higher, assuaging concerns about authorities' ability to guide the world's second-largest economy through a ...