Eurogroup Set for First Competitive Presidency Vote -- Update

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Gabriele Steinhauser BRUSSELS--The finance ministers of Spain and the Netherlands said Friday they would both run for the Eurogroup presidency, triggering what will be the first competitive vote on the key deal-making position in the eurozone. The finance ministers ...

Investors Pull Funds From Franklin's Main Europe-Based Fund

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

Investors pulled roughly $2.5 billion from Franklin Templeton's main Europe-based global bond fund in the first four months of the year, according to data from fund tracker Morningstar Inc. Assets managed by the Franklin Resources Inc.'s Templeton Global Bond fund ...

Correction to Eurogroup Presidency Vote Update

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

Jeroen Dijsselbloem's term as Eurogroup president ends on July 21. "Eurogroup Set for First Competitive Presidency Vote -- Update," at 1610 GMT, misstated that Mr. Dijsselbloem's term was due to end at the end of June in the third paragraph. ...

Analysis: Fed on Track for Rate Rise

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Jon Hilsenrath And Michael S. Derby The strong May employment report likely keeps the Federal Reserve on track to start raising short-term interest rates later this year, but officials are unlikely to move at their policy meeting this month ...

Fast-Track Gains Backers in House

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Siobhan Hughes And Isaac Stanley-Becker WASHINGTON--Several lawmakers in both parties have publicly announced their support for fast-track trade legislation in the past week, boosting proponents' hopes for passage of President Barack Obama's trade agenda. The legislation, which would grant ...

Europe Stocks Fall Ahead of Key Data

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Josie Cox The euro rose against the dollar and European stocks fell early Friday, ahead of several key data points later in the day and at the end of a choppy week for global stock, bond and currency markets. ...

Foreign Direct Investment in India Rises 27% Last Fiscal Year

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Rajesh Roy NEW DELHI--Foreign direct investment in India rose 27% to $30.93 billion in the fiscal year ended March, data from the trade ministry showed. The services sector received the highest investment at $3.25 billion, followed by the telecommunication, ...

MARKET SNAPSHOT: Wall Street Looks To Jobs Data For Direction

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Barbara Kollmeyer, MarketWatch Crude under pressure as OPEC meets Stock futures were stuck on the sidelines Friday ahead of important jobs data, as they managed to sidestep Greece-fueled losses for Europe. Futures for the Dow Jones Industrial Average eased ...

EU Moves Against Three Chinese Solar Panel Makers

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

BRUSSELS?European authorities imposed sharp tariffs on three large Chinese solar-panel manufacturers, kicking them out of a pact signed with the Chinese industry that allows them to export to Europe with minimal tariffs. The European Commission, the European Union's executive arm, ...

U.S. Government Bonds Sell Off After Healthy Jobs Report

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Min Zeng U.S. Treasury bonds sold off on Friday as the latest U.S. employment report brightened the growth outlook, sending the yield on the benchmark 10-year note to the highest level since October. The world's largest economy added 280,000 ...

JA Solar Receives Going-Private Bid From CEO

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

China-based JA Solar Holdings Co. said Friday that Chairman and Chief Executive Baofang Jun has offered to buy all the shares that he doesn't already own in a bid that values the solar company at about $490 million. The CEO ...

Fed's Dudley Says Rate-Rise Still Likely on Track for This Year

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Michael S. Derby MINNEAPOLIS--Federal Reserve Bank of New York President William Dudley said Friday he continues to believe the U.S. central bank is on track to raise interest rates this year, in comments that welcomed the release of what ...

MARKET SNAPSHOT: U.S. Stocks Slip As Jobs Report Stirs Rate Worries

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch Crude lower after OPEC keeps output unchanged U.S. stocks traded slightly lower Friday after an upbeat jobs report boosted expectations of an interest-rate hike this fall. The S&P; 500 dropped 5 points, or ...

German Bonds, Europe Stocks Fall -- 4th Update

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

By Josie Cox German government bonds, European stocks and Greek assets fell sharply Friday, at the end of a wild week for markets around the globe. Early in the European afternoon, the yield on the 10-year German government bond was ...

U.S. Consumer Credit-Historical - Jun 5

TODAY: Aug. 1, 2015 PUB DATE: June 5, 2015

Seasonally adjusted monthly data and change in billions of dollars. R denotes revised. Source: U.S. Federal Reserve. Non- Period Total chg Revolving chg Revolving chg Apr 15 3,384.5 20.6 899.5 8.6 2,485.0 12.0 Mar 15 3,363.9R 21.3 890.9R 4.9 2,473.0R ...