China Jobs Outlook Good Despite Slowing Economy, Official Says

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

BEIJING--China's employment outlook is holding steady despite slowing economic growth, aided by a growing services sector, a government official said Wednesday. The economy created 4.73 million new jobs in urban areas in the first four months of the ...

UK Retail Sales Growth Up Sharply

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

LONDON--U.K. retail sales annual growth was the strongest in almost a decade in April, boosted by increased trading over the Easter holiday and supporting the Bank of England's expectation that the U.K. economy will grow by 3 ...

UK Retail Sales Annual Growth Sharpest in Almost a Decade

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Ilona Billington and Nicholas Winning LONDON--U.K. retail sales annual growth was the strongest in almost a decade in April, boosted by increased trading over the Easter holiday and supporting the Bank of England's expectation that the U ...

Brazil Mid-May IPCA-15 Inflation 0.58% Versus +0.78% Mid-April

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Rogerio Jelmayer SAO PAULO--Brazilian consumer prices slowed through mid-May versus the previous month, as the impacts of one of the worst droughts in decades in food prices receded, reinforcing economists view that the central bank will keep benchmark interest ...

EU Urges Russia Not to Disrupt Gas Flows Through Ukraine

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Vanessa Mock BRUSSELS--The European Union on Wednesday urged Russia not to disrupt natural gas flows through Ukraine and to pursue efforts to resolve its pricing dispute with Ukraine's government. In a sign of growing concerns in Europe over ...

German Competition Agency: Google Has Potential to Abuse Markets

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Chase Gummer FRANKFURT--Germany's competition agency fully supports the German economics minister's view that Google Inc. (GOOG) has the potential to abuse markets, a spokesman said Wednesday. A recent critique by Sigmar Gabriel of Google's overwhelming dominance ...

Oil Futures Maintain Gains on Large Drop in Stockpiles

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Christian Berthelsen Crude prices held onto gains Wednesday after the U.S. government reported a large drop in domestic crude stockpiles, broadly in line with the projection of a private forecasting group the day before. Light, sweet crude for ...

BOND REPORT: Treasurys Fall As Fed Discusses Exit Plan

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch)--Treasury prices slid Wednesday, holding losses after minutes from the Federal Reserve's last policy meeting showed the central bank was focusing on how it will eventually tighten monetary policy, though it made ...

Crude Oil Jumps on Large Decline in Supplies

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Christian Berthelsen U.S. oil prices rose to a one-month high Wednesday after a government report showed a large drop in crude stockpiles when analysts were expecting a small increase. Light, sweet crude for delivery in July gained $1 ...

Private-Equity Firm CVC Capital Makes First Investment

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

SHANGHAI--CVC Capital Partners will buy Asian office operator The Executive Centre Ltd., marking the private-equity firm's first investment from its $3.5 billion Asia fund. Private-equity firms are facing growing pressure to invest, having raised a record amount of ...

Oil Up Ahead of Likely Stockpile Falls

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Cassie Werber LONDON--Crude oil futures were up in London trading Wednesday ahead of data that may show a decrease in U.S. inventories, and as geopolitical tension remains supportive of higher prices. Brent crude for July delivery was up ...

BOJ Says No Reasons for Yen to Strengthen

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

TOKYO--Bank of Japan Gov. Haruhiko Kuroda said Wednesday there is no reason for the yen to strengthen, a possible indication he on alert following recent gains in the currency. "We will keep moving ahead with the current quantitative and qualitative ...

Fischer Set to Be Confirmed to Fed Board

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

By Pedro Nicolaci da Costa and Kristina Peterson The Senate is expected Wednesday to confirm Stanley Fischer, a respected economist and former governor of the Bank of Israel, to the board of the Federal Reserve at a time when it ...

EU Warns Russia On Gas Flows

TODAY: Aug. 22, 2014 PUB DATE: May 21, 2014

BRUSSELS--The European Union on Wednesday urged Russia not to disrupt natural gas flows through Ukraine and to pursue efforts to resolve its pricing dispute with Ukraine's government. In a sign of growing concerns in Europe over the deadlock between ...