OECD Warns Of Weaker Growth in Emerging Economies

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

Growth is likely to weaken in leading developing economies over coming months, but will remain around current rates in most large developed economies, according to leading indicators released Tuesday by the Organization for Economic Cooperation and Development.

The leading indicators ...

IEA Says China Natural Gas Demand to Nearly Double

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Selina Williams

LONDON--China's natural gas demand is forecast to nearly double by 2019, offsetting slower growth in Europe and elsewhere, the International Energy Agency said Tuesday in its annual medium-term gas market report.

Global gas demand is expected ...

Oil Futures Extend Gains, WTI Nears $105/bbl

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Eric Yep

Crude-oil futures extended overnight gains in Asian trading hours Tuesday with the U.S. crude benchmark hovering just below the $105 mark.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded ...

PPL Corp., Riverstone Holdings to Combine Power-Generation Businesses

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

PPL Corp. (PPL) and Riverstone Holdings have agreed to combine their power-generation businesses into a new, stand-alone listed power producer, PPL Corp. said late Monday.

The new company will be called Talen Energy Corp. It will become the third-largest investor-owned ...

French Industrial Output Rebounds in April

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By William Horobin

PARIS--French industrial production rebounded in April on an increase in manufacturing and energy and output, national statistics bureau Insee said Tuesday.

Industrial output rose 0.3% in April from March, and Insee revised the March reading upwards ...

Oil Futures Pull Back But Hold Near Highs

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Nicole Friedman

NEW YORK--Oil futures failed to hold above $105 a barrel Tuesday but held near multi-month highs ahead of an expected drop in U.S. oil supplies.

Light, sweet crude for July delivery settled down 6 cents, or ...

ECB's Makuch Sees Room for Further Easing

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

BRATISLAVA--The European Central Bank still has room to ease its benchmark interest rate further, rates are likely to remain low for an extended period, and if additional easing is needed the bank can later opt for quantitative easing, an ECB ...

Senate Advances Three Federal Reserve Nominees

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

WASHINGTON--The Senate advanced three of President Barack Obama's nominees to the Federal Reserve's Board of Governors on Tuesday, clearing the way to confirm them later this week.

The Senate ended debate on the nominations of Lael Brainard on ...

NFIB: May Small-Business Optimism Index Hits 96.6, Highest since 2007

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Kathleen Madigan

Small-business owners have recovered all of the optimism lost during the Great Recession, according to a report released Tuesday. The higher level of confidence is feeding into price increases.

The National Federation of Independent Business's small-business ...

Jobless Claims Expected to Fall 2K -- Data Week Ahead

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

The following are forecasts for this week's remaining data from a survey compiled Friday and Monday.

DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS

(ET)

Wednesday 1400 Federal Budget May -$130.5B (10) -$138.7B*

Thursday 0830 Jobless Claims Jun 7 ...

ICSC/Goldman Sachs Chain Store Sales Fall in Latest Week

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Tess Stynes

The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index fell 2.8% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis.

Sales improved in most retail ...

IMF Says New Zealand Economic Expansion Becoming Embedded

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Lucy Craymer

WELLINGTON--Economic expansion in New Zealand is becoming increasingly embedded and broad-based although risks to the outlook remain, according to a statement from the International Monetary Fund.

"The key external risk to the outlook remains a sharp slowdown ...

China Consumer-Price Index Rises

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

BEIJING--China's consumer-price index rose 2.5% in May from a year earlier, quicker than a 1.8% year-to-year rise in April, data from the National Bureau of Statistics showed Tuesday.

The rise in the inflation gauge matched the median ...

Hong Kong Banks Help Investors Bet Against Yuan

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

HONG KONG--As the Chinese yuan has slumped by the most in years, banks in Hong Kong have for the first time begun offering retail customers products that let them bet the currency will keep heading lower.

The new products promise ...

French Foreign Minister Says Germany Should do More for Growth

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By William Horobin

PARIS--French Foreign Minister Laurent Fabius Tuesday said Europe isn't doing enough to promote economic growth and directly called on Germany to do more.

"Changing the direction of Europe is absolutely indispensable: the countries with a margin ...

IJM Land Surges 12% On $620 Million Buyout Offer

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Jason Ng

KUALA LUMPUR--IJM Land Bhd (5215.KU), a Malaysian property developer, surged 12% Tuesday following a 1.98 billion ringgit ($620 million) buyout offer from parent IJM Corp. Bhd (3336.KU).

IJM Corp is offering the equivalent of ...

Italy's Industrial Output Rises More Than Expected in April

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Liam Moloney

ROME--Italy's industrial production rose more than expected in April, posting its first gain since January, as output of all products except investment goods advanced.

Industrial output in the euro zone's third-largest economy added 0.7 ...

Renault Acquires 100% Of Alpine Sports Cars Venture

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

By Geraldine Amiel

PARIS--French car maker Renault SA (RNO.FR) said Tuesday it has acquired U.K.-based specialist sports car maker Caterham Group's stake in Societe des Automobiles Alpine Caterham, bringing its ownership to 100% as part of ...

Polish Government Sees Growth Accelerating to 3.8% in 2015

TODAY: Sept. 17, 2014 PUB DATE: June 10, 2014

WARSAW--Poland's government expects economic growth will reach 3.8% in 2015, with inflation seen accelerating to over 2%, Prime Minister Donald Tusk said Tuesday, after the government approved macroeconomic forecasts that will be used as foundation for the next ...