Dollar Share of Global Foreign-Exchange Reserves Rises

TODAY: March 31, 2015 PUB DATE: March 31, 2015

The share of dollars in global central-bank reserves reported to the International Monetary Fund grew in the fourth quarter of 2014, while the allocation to euros fell, continuing a trend that has helped fuel a rally in the dollar. Dollars ...

Net-A-Porter Founder's Conspicuous Journalism Background

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Revill Natalie Massenet was a fashion journalist early in her career. That experience is evident in Net-A-Porter, the online clothing retailer she founded that will be folded into Italy's Yoox SpA. Ms. Massenet, who got the idea for ...

Nigeria Challenger Builds Vote Lead

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Patrick McGroarty in Lagos, Nigeria, and Heidi Vogt in Yola, Nigeria Former military dictator Muhammadu Buhari built a wide lead in Nigeria's elections on Monday, raising the prospect of a 1980s-era strongman being elected to lead the promising but ...

Jay Z Enters Music-Streaming Wars With Tidal

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Jurgensen Jay Z isn't the only star with a stake in the streaming-music company he recently bought. On Monday, the rapper was flanked on stage by more than a dozen fellow equity owners, including Beyoncé, Kanye West and ...

U.K. Raises 2014 Growth Figure

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Jon Sindreu and Jason Douglas LONDON--The British economy grew at a faster pace than previously thought in 2014, official data revealed Tuesday, confirming that the U.K. was the top performing major western nation during the year. Gross domestic product ...

Asian Shares Rise

TODAY: March 31, 2015 PUB DATE: March 31, 2015

Asian shares were mostly higher Tuesday, maintaining the positive momentum from Monday's Shanghai-led rally and Wall Street overnight. Australian shares were helped by growing expectations for an earlier interest-rate cut by the Australian central bank. Australia's S&P;/ASX200 was up 1.4% ...

Richemont to Merge Net-A-Porter With Yoox Group -- Update

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Revill ZURICH-- Cie. Financière Richemont SA said Tuesday it plans to combine its online fashion retailer Net-a-Porter with Italian Web-based clothing company Yoox SpA, a deal that will create an Internet shopping giant with revenue of more than ...

French Consumer Spending Rises in February

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Stacy Meichtry PARIS--French consumer spending, a motor for the country's growth, rose slightly in February as sales of manufactured goods and energy increased. Household spending on goods in the eurozone's second-largest economy rose 0.1% on the month and 3% ...

Japan Auto Production Falls in February

TODAY: March 31, 2015 PUB DATE: March 31, 2015

TOKYO--Production of cars, trucks and buses in Japan declined 5.3% on year in February, falling for the eighth consecutive month, the Japan Automobile Manufacturers Association said Tuesday. Vehicle output fell to 817,390 vehicles in February from 863,452 vehicles in the ...

Singapore Dollar Falls Slightly Against U.S. Dollar

TODAY: March 31, 2015 PUB DATE: March 31, 2015

Latest Change USD/SGD 1.3743 +0.0007 Overnight Rate 0.25% -25 bps 2-Year Bond Yield 1.31% -1 bps 10-Year Bond Yield 2.27% -5 bps 2-Year Swap Offer 1.54% -4 bps 10-Year Swap Offer 2.45% -2 bps 2-10-Year Swap Curve 91 bps +2 ...

Weekly Chain-Store Sales Rise in Latest Week--Goldman/Retail Economist

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Tess Stynes The Weekly Retail Chain Store Sales Index rose 3.4% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis, according to data compiled by Goldman Sachs and Retail Economist LLC. "Warming temperatures ...

India February Infrastructure Output -- Table of Data

TODAY: March 31, 2015 PUB DATE: March 31, 2015

Following is a breakdown of India's infrastructure output: Sector Weight Period Feb Feb April-Feb April-Feb 2015 2014 2014-15 2013-14 Coal 4.38 11.6% +0.9% +8.5% +1.4% Crude Oil 5.22 -1.9% +1.9% -1.1% -0.1% Natural Gas 1.71 -8.1% -4.4% -5.5% -13.3% Petroleum ...

ECB's Makuch: QE Already Has a Positive Impact

TODAY: March 31, 2015 PUB DATE: March 31, 2015

BRATISLAVA, Slovakia--The European Central Bank's 1 trillion euro ($1.08 trillion) bond-buying program has already helped to spark an economic recovery in the eurozone, the governor of Slovakia's central bank said Tuesday. "So far our impressions are positive and show (that ...

Eurozone's Chief Bank Supervisor Outlines Priorities for Year

TODAY: March 31, 2015 PUB DATE: March 31, 2015

FRANKFURT--The eurozone's chief bank supervisor on Tuesday outlined priorities for the current year, saying that teams were making sure that banks implemented findings from last year's comprehensive assessment. Teams made up of European Central Bank employees and staff from national ...

Canada Weekly Earnings Rose 3% in January From Year Ago

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Paul Vieira OTTAWA--Average weekly earnings of Canadian non-farm payroll employees increased 0.4% on a monthly basis in January, and advanced 3% year-on-year, Statistics Canada said Tuesday. Employees worked an average 33 hours per week, unchanged from the previous month ...

U.S. ECONOMIC INDICATORS: Housing Data, Latest 6 Months

TODAY: March 31, 2015 PUB DATE: March 31, 2015

Data seasonally adjusted except actual, which is not seasonaly adjusted. Median and average prices for existing and single family homes in dollars. Housing construction and homes sold in 1,000 units. R = revised. (*) data reflect the increase in the ...

Investors Still Bullish on Highflying European Stocks -- Update

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By Tommy Stubbington and Josie Cox After a blockbuster quarter for European stock markets, investors are betting there could be more to come. Tentative signs that the ailing eurozone economy is turning a corner have coincided with the launch of ...

Richemont to Merge Net-A-Porter With Yoox Group--3rd Update

TODAY: March 31, 2015 PUB DATE: March 31, 2015

By John Revill And Manuela Mesco Italian Web-based clothier Yoox SpA is buying Net-A-Porter, the high-end fashion site controlled by Cie. Financière Richemont SA, in an all-stock deal as the two companies look to cement their presence in the small-but-increasingly-competitive ...