Noyer: Bank of France Has Bought EUR18 Billion Under ECB QE Plan

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By William Horobin PARIS--The Bank of France has bought around 18 billion euros ($19.5 billion) of assets under the European Central Bank's quantitative-easing plans, the French central bank's governor said Tuesday. Around EUR11 billion of the purchases are covered bonds ...

Dollar Gains Slightly as U.S. Inflation Resumes Rise

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By James Ramage The dollar gained against the euro and pulled up from its lows versus the yen on Tuesday after stronger U.S. data, including higher inflation, revived investors' hopes for an increase in interest rates. The euro fell 0.2% ...

Russia Considers Easing Export Regulations, Says Government Official

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Andrey Ostroukh MOSCOW--Russia's government is considering easing export regulation in a bid to support the economy, a government official said Tuesday. Moscow is seeking ways to drag the oil-dependent economy out of contraction at a time when foreign capital ...

HSBC March Preliminary China Manufacturing PMI Drops -- 2nd Update

TODAY: May 29, 2015 PUB DATE: March 24, 2015

BEIJING--China's economy is showing further signs of flagging, with an indicator of factory activity this month falling to an 11-month low. The indicator showed new orders, employment, and prices all weakening in the manufacturing sector and suggests that fourth-quarter weakness ...

Li Ka Shing's Hutchison Nears $15 Billion Deal for O2

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Yvonne Lee HONG KONG-- Li Ka-shing's Hutchison Whampoa is close to cementing its $15 billion acquisition of U.K. cellphone operator 02, in what is set to be the Hong Kong billionaire's biggest purchase of an overseas company. Hutchison, whose ...

Eurozone Recovery Gathers Momentum--Update

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Paul Hannon The eurozone's modest economic recovery gathered further momentum in March, as Germany led the fastest increase in private sector activity since May 2011, according to surveys of purchasing managers. The surveys add to other signs that the ...

China's AgBank Posts Slowest Profit Growth Since IPO--Update

TODAY: May 29, 2015 PUB DATE: March 24, 2015

BEIJING-- Agricultural Bank of China Ltd., the nation's third-largest lender by assets, reported its slowest annual profit growth since its share listing in 2010 as a weaker economy weighed on profitability and loan quality. The bank's disappointing results strike a ...

UK Inflation Rate Drops to Zero

TODAY: May 29, 2015 PUB DATE: March 24, 2015

LONDON--Consumer prices in the U.K. failed to rise in annual terms for the first time in almost 55 years in February, official data showed Tuesday, a further boost to living standards just two months before the general election. The annual ...

Eurozone Recovery Gathers Momentum

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Paul Hannon The eurozone's modest economic recovery gathered further momentum in March as Germany led an increase in private sector activity to a near four-year high, according to surveys of purchasing managers. The surveys add to other signs that ...

Norway Authority to Probe Fire at BG Group Field--Update

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Kjetil Malkenes Hovland OSLO--Norway's Petroleum Safety Authority said it would investigate a fire at BG Group's (BG.LN) Knarr field off Norway, which has shutdown production only a week after the field started producing. "The PSA has decided to investigate ...

U.S. New Home Sales Rise to Highest Level Since Feb. 2008

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Jeffrey Sparshott and Josh Mitchell WASHINGTON--New-home sales rose to the highest level in seven years in February, a sign of strong demand that could help boost the broader U.S. housing market. Sales of newly built, single-family homes increased 7.8% ...

Brazil Central Bank Expects Inflation to Ease in April

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Jeffrey T. Lewis And Rogerio Jelmayer SÃO PAULO--Brazil's inflation rate in April should be much lower than in the first three months of the year, central bank President Alexandre Tombini said on Tuesday. The 12-month inflation rate rose to ...

Bank of France Net Profit Falls

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By William Horobin PARIS--The Bank of France Tuesday reported a fall in net profit in 2014 due to a cut in interest rates and as banks borrowed less from the central bank. Net profit dropped to 2.07 billion euros ($2.24 ...

U.S. New Home Sales-Mar 24

TODAY: May 29, 2015 PUB DATE: March 24, 2015

Seasonally adjusted levels (except actual level, which is not seasonally adjusted) and percent changes for houses sold by region in thousands during period. Prices in millions of dollars. Previous months are subject to revision. A-denotes ratio of houses for sale ...

Bond Markets Shrug Off Fed Warnings on Higher Rates

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Min Zeng Two top Federal Reserve officials warned investors this week that a June rate increase remains on the table, but the bond market isn't convinced. James Bullard, president of the Federal Reserve Bank of St. Louis, said on ...

Oil Prices Retreat as Dollar Gets Boost

TODAY: May 29, 2015 PUB DATE: March 24, 2015

By Timothy Puko and Georgi Kantchev U.S. oil prices barely held to small gains and global prices fell Tuesday as a revived dollar, a growing glut and pessimistic signs for demand all weighed on the market. Light, sweet crude for ...