DATA SNAP: Canada 3Q GDP Expands 2.8% on Exports, Consumption

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

Third-quarter 2014 GDP Report ===================================================== 3Q 2Q ! ! Gross Domestic Pdt ! Consensus ! Annualized 2.8% 3.6%! 2.1% annualized ! Quarterly Change 0.7% 0.9%! ! Final Domestic Demand ! Actual: ! Annualized 2.8% 3.3%! 2.8% ! Quarterly Change 0.7% ...

India's Economic Growth Slows to 5.3% -- Update

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Raymond Zhong NEW DELHI--India's economic growth decelerated in the third quarter, feeding doubts about how quickly the country's new government can deliver on pledges to end a nearly three-year slump and transform the world's second-most-populous nation into a manufacturing ...

U.S. Treasurys End November with Solid Rally

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Cynthia Lin U.S. Treasurys ended November with a rally, adding to an unexpected year of gains as investors sought safer bonds in the face of weak inflation. Prices rounded out Friday's early 2 p.m. close at session highs. Benchmark ...

Ireland Urges ECB to Launch QE

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

Ireland's finance minister Friday called on the European Central Bank to launch a program of quantitative easing, and said the government will repay half of its loans from the International Monetary Fund in the coming weeks. In an interview with ...

India Eases Import Restriction on Gold

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

MUMBAI--India on Friday ended one of the restrictions on gold imports put in place last year to reduce the country's chronic current-account deficit. The Reserve Bank of India said the government had decided to end the requirement that gold importers ...

Unit of Hungary Nuclear Power Plant Gets Extended Life

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

BUDAPEST--Hungary's sole nuclear power plant received permission to operate its second unit for a further 20 years, the plant said on Friday. State power holding MVM's nuclear unit Paksi Atomeromu has a capacity of 2,000 megawatts, 500 MW per unit. ...

P&G Working on Potential Sale of Wella -Reuters

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

Procter & Gamble Co. (PG) is pursuing a potential sale of its Wella hair-care business, Reuters reported Friday, citing sources familiar with the matter. The unit could be worth about $7 billion, Reuters reported. P&G; is working with Goldman Sachs ...

Managing Asia's Wealth The HSBC Way -- Barron's Asia

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Abby Schultz In nearly 70 years of working with Asia's affluent families, particularly as the region's wealth has boomed, HSBC has had a front-row seat to the ways entrepreneurs deal with passing on their wealth to the next generation. ...

Will China Join the Global Currency War? -- Barron's Asia

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Chetan Ahya Economics: The Role of FX in the Deleveraging Cycle Since the credit crisis, the rise in debt-fuelled investment in China has been taking place against a background of slowing additions to the workforce and also structurally weaker ...

CURRENCIES: Dollar Stronger Against Yen After OPEC Decision

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Hiroyuki KachiWeak oil prices are a boost to the U.S. economy: analyst The dollar strengthened against the yen in Asian trade Friday, with lower oil prices among the factors accelerating the selling of the Japanese currency. The dollar (USDJPY) ...

Axa Buys Nigerian Insurer Mansard

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Simon Clark Axa SA has agreed to buy a majority stake in Nigeria's Mansard Insurance PLC for EUR198 million ($246 million) to enter the country's rapidly growing market. Axa is buying 77% of Mansard, which is listed on the ...

Sweden's GDP increased 2.1 percent in third quarter 2014

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

Statistical news from Statistics Sweden 2014-11-28 9:30 AM Nr 2014:548 National accounts, 3rd quarter 2014: Sweden's GDP increased 2.1 percent in third quarter 2014 Sweden's GDP increased 2.1 percent in the third quarter of 2014, working-day adjusted and compared to ...

U.S. Government Bonds Catch Up With Overseas Rally

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Cynthia Lin U.S. Treasury prices rose Friday, catching up with a rally in overseas bonds as various economies showed tepid inflationary pressure. In early New York trading, benchmark 10-year notes gained 6/32 in price to yield 2.211%, according to ...

BCE to Buy Wireless-Phone Distributor Glentel for C$594 Million

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Judy McKinnon BCE Inc. (BCE) said Friday it will pay about 594 million Canadian dollars ($524 million) to buy mobile-phone retail distributor Glentel Inc. as the Canadian communications giant looks to expand its wireless operations. News of the friendly ...

Cement Veteran Dwi Soetjipto Named Head of Indonesia's Pertamina

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Joko Hariyanto and Ben Otto JAKARTA, Indonesia--Cement industry veteran Dwi Soetjipto was named the head of Pertamina, Indonesia's state oil and gas company, and said he would spearhead a drive to make the net oil-importing nation self-sufficient in energy. ...

Indian GDP Growth 5.3% Vs. 5.7% in Previous Quarter

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Anant Vijay Kala NEW DELHI--India's economic expansion slowed last quarter, weighed down by weak industrial demand, sparking concern that the budding recovery of Asia's third-largest economy already may be losing momentum. Gross domestic product in the three months ended ...

EU Warns France, Italy, Belgium on Budgets -- Update

TODAY: March 2, 2015 PUB DATE: Nov. 28, 2014

By Matthew Dalton BRUSSELS--European Union authorities have warned France, Italy and Belgium that their budget plans for next year are at risk of missing EU targets, but didn't demand further cuts from the three countries. The move is a sign ...