U.S. Import Prices Fell 2.8% in January

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Jeffrey Sparshott And Josh Mitchell WASHINGTON--Prices of imported goods posted their biggest drop in six years in January, more evidence plunging oil prices have tamped down inflation in the U.S. Import prices fell 2.8% from December, the Labor Department ...

U.S. Import Prices Fell 2.8% in January--2nd Update

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Jeffrey Sparshott WASHINGTON--Cheaper oil, a stronger dollar and sluggish global growth are pushing down the price of goods imported into the U.S., keeping overall inflation low and complicating the Federal Reserve's plans to start raising interest rates later this ...

Dollar Falls on Weaker Confidence in U.S. Growth, Spending

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By James Ramage The dollar edged lower against the yen Friday as investors' views on U.S. consumer spending and economic growth have darkened, pushing back market expectations for higher interest rates by midyear. The U.S. currency fell 0.4% to 118.70 ...

Fitch Strips Austria of Triple-A Rating

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

Fitch Ratings stripped Austria of its pristine triple-A credit rating, saying government debt will reach a higher peak than previously thought, while also lowering its ratings on Ukraine. The ratings firm, which lowered Austria's ratings by one notch to double-A-plus, ...

Mexico Stocks End Mostly Unchanged; Peso Gains on Dollar

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Laurence Iliff MEXICO CITY--Mexican stocks ended mostly unchanged on Friday, while the peso gained ground on the U.S. dollar. The IPC index of the leading 35 stocks added 0.06%, to 43,072 points, on regular volume of 153 million shares ...

Dollar Falls Versus Yen on Poor JGBs Auction Result

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Tatsuo Ito TOKYO--The dollar fell against the yen Friday in Asia, as a weaker-than-expected outcome to a government bond auction made traders jittery and raised doubts about the Bank of Japan's future policy. "The poor five-year bond auction results ...

ECB's Weidmann: Saw No Immediate Need for QE

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

LONDON--There was no urgent need for the European Central Bank to embark on a program of quantitative easing, since the current decline in inflation rates is temporary and it isn't having a negative effect on the broader economy, ECB Governing ...

Poland's Fourth-Quarter GDP Growth Slows to 3.0%

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Patryk Wasilewski WARSAW--Poland's gross domestic product growth lost some of its momentum in the fourth quarter with expansion down to 3.0% annually from 3.3% in the previous quarter, the statistics office said in a flash estimate Friday. Economists polled ...

1MDB Settles $550 Million Loan From Malaysian Lenders -- Update

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Jason Ng and P.R. Venkat KUALA LUMPUR--1Malaysia Development Bhd, or 1MDB, staved off a default by settling a 2 billion ringgit ($550 million) loan owed to a group of domestic lenders, clearing the way for the Malaysian state-investment firm's ...

Europe Stocks Touch Seven-Year High

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Tommy Stubbington European stock markets were on course to end a volatile week at seven-year highs, helped by signs of a modest improvement in the eurozone economy and hopes that Greece can reach a deal with its creditors. The ...

Indonesia 4Q Current-Account Deficit Narrows Due to Lower Oil Prices

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By I Made Sentana JAKARTA, Indonesia--Indonesia's current-account deficit narrowed slightly to US$6.18 billion in the fourth quarter from $6.96 billion in the July-September period thanks to falling oil prices globally, Bank Indonesia said Friday. The nation's central bank said the ...

U.S. Import Prices Down 2.8% in January

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Jeffrey Sparshott and Josh Mitchell WASHINGTON--Prices of imported goods posted their biggest drop in six years in January, more evidence plunging oil prices have tamped down inflation in the U.S. Import prices fell 2.8% from December, the Labor Department ...

Early February Consumer Sentiment Index Falls

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

Consumers curtailed their upbeat view of the economy in early February, although harsh weather may have been a factor, according to data released Friday. The University of Michigan preliminary February sentiment index dropped to 93.6 from a final January reading ...

EU Opens In-Depth Probe into Siemens Purchase of Dresser-Rand

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Laurence Norman BRUSSELS--European Union competition authorities said Friday they were opening an in-depth probe into Siemens AG's purchase of U.S. firm Dresser-Rand, raising concerns the transaction could squeeze the number of suppliers in several markets. EU authorities said both ...

MARKET SNAPSHOT: S&P 500 Struggles To Hold Intraday Record

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Anora Mahmudova and Sara Sjolin, MarketWatch Dow above 18,000 for the first time in 2015 NEW YORK (MarketWatch) -- U.S. stocks struggled to build on early modest gains that sent the S&P; 500 into record territory and the Dow ...

CURRENCIES: Dollar Sinks For Second Week In A Row

TODAY: May 3, 2015 PUB DATE: Feb. 13, 2015

By Joseph Adinolfi, MarketWatch Pound sees weekly gain against buck for first time since Jan. 9 NEW YORK (MarketWatch) -- The ICE U.S. Dollar Index finished lower for the second week in a row Friday as a mixture of weak ...