Thailand Finance Ministry Lowers Economic Growth Forecast

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Warangkana Chomchuen BANGKOK--Thailand's Finance Ministry on Thursday cut its forecast for the country's economic-growth rate this year to 1.4%, down from its previous 2% estimate. The ministry said weak exports and a decline in tourist arrivals had hit the ...

German Jobless Numbers Fall Sharply

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

FRANKFURT--Germany's jobless rate decreased sharply in October, suggesting that uncertainty about the country's economic outlook isn't taking a toll on the labor market yet. In seasonally adjusted terms, the number of jobless fell 22,000 in October, data from the country's ...

U.S. Stock Futures Pare Losses After GDP Data

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Saumya Vaishampayan U.S. stock futures pared losses Thursday after a stronger-than-expected reading economic growth in the third quarter. Dow Jones Industrial Average futures declined 23 points, or 0.1%, to 16901. S&P; 500 futures fell four points, or 0.2%, to ...

U.S. Stock Futures Fall Ahead of GDP Data

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Saumya Vaishampayan U.S. stock futures fell Thursday ahead of a reading on third-quarter economic growth. Dow Jones Industrial Average futures declined 61 points, or 0.4%, to 16863. S&P; 500 futures fell eight points, or 0.4%, to 1964 and Nasdaq-100 ...

Fed's Yellen Says Economics Can Benefit From More Diversity

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Pedro Nicolaci da Costa Janet Yellen, the first woman to lead the Federal Reserve in its 100-year history, said Thursday the economics profession, which is dominated by white males, could benefit from a more diverse range of views. "Did ...

Poland May Need More Interest Rate Cuts Says IMF

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

WARSAW--Poland's central bank may need to cut interest rates further in order to bring inflation to its target amid downside risks to economic growth, the International Monetary Fund said after its staff visit to Warsaw. The fund said last month's ...

ECB to Start ABS Purchase Program in November

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Todd Buell FRANKFURT--The European Central Bank said Thursday that it has appointed four asset managers to conduct its purchase program of asset backed securities, adding that the purchases under the program should begin in November. The ECB hopes that ...

Ukraine's GDP Fell 5.1% in Third Quarter

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Alexander Kolyandr MOSCOW--Ukraine's economy continued its rapid slide in the third quarter of 2014, gross domestic product data from the state statistics service showed Thursday. The war-torn country's GDP declined by 5.1% in the third quarter compared with a ...

MARKET SNAPSHOT: Dow Rings Up Eighth Triple-digit Gain In October

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Barbara Kollmeyer, MarketWatch NEW YORK MarketWatch) -- The Dow Jones Industrial Average vaulted higher on Thursday trading, dragging the other major U.S. benchmarks higher as well. The Dow industrials staged a rally of more than 200 points, after starting ...

CURRENCIES: U.S. Dollar Approaches Four-year High After Fed

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Ben Eisen, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch)--The U.S. dollar extended gains against rival currencies on Thursday, pushing a widely-watched gauge of the greenback's strength near a four-year high. The gains come in the wake of a statement ...

Brazil Central Bank Raises Selic Rate to 11.25% From 11% -- Update

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Paulo Trevisani BRASÍLIA--Citing a less favorable outlook for inflation, Brazil's central bank on Wednesday unexpectedly raised its benchmark interest rate amid slow economic growth and concern about the country's weakening currency. The bank increased the Selic short-term lending rate ...

German Jobless Numbers Fall Sharply in Oct -- Update

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Todd Buell FRANKFURT--Germany's jobless rate decreased sharply in October, suggesting that uncertainty about the country's economic outlook isn't taking a toll on the labor market yet. In seasonally adjusted terms, the number of jobless fell 22,000 in October, data ...

Oil Eases on Concerns Price Gains Likely Short-Lived

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Eric Yep Crude-oil futures eased in Asian hours Thursday after posting overnight gains as markets absorbed the impact of the U.S. Federal Reserve's monetary policy announcements. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Brazil's IGP-M General Price Index Increases 0.28% in October

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Rogerio Jelmayer SAO PAULO--Brazil's IGP-M general price index increased in October, more than analysts' expectations, underlining ongoing pressures in the country's inflation. The IGP-M picked up 0.28% in October, compared with a rise of 0.20% in September, the Getulio ...

Austria's Economy Stagnated in Third Quarter

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Nicole Lundeen VIENNA--Austria's economy stagnated in the third quarter, Austria's main economic forecaster said Thursday. The country's gross domestic product didn't grow in the third quarter compared with the second quarter, data from the Austrian Institute for Economic Research, ...

German Jobless Numbers Fall Sharply in October

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Todd Buell FRANKFURT--Germany's jobless rate decreased sharply in October, suggesting that uncertainty about the country's economic outlook isn't taking a toll on the labor market yet. In seasonally adjusted terms, the number of jobless fell 22,000 in October, data ...

U.S. Third-Quarter GDP Expands at 3.5% Rate

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

By Nick Timiraos and Eric Morath WASHINGTON-The U.S. economy expanded steadily again during the third quarter, a sign of sustained growth fueled by American consumers and businesses despite mounting concerns about the health of overseas economies. Gross domestic product, the ...

Poland May Need More Interest Rate Cuts

TODAY: Jan. 29, 2015 PUB DATE: Oct. 30, 2014

WARSAW--Poland's central bank may need to cut interest rates further in order to bring inflation to its target amid downside risks to economic growth, the International Monetary Fund said after its staff visit to Warsaw. The fund said last month's ...