South Korea to Increase Spending to Boost Growth

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

SEOUL--The South Korean government said Thursday it would increase spending next year by running a wider fiscal deficit in a stimulus effort to boost anemic growth in Asia's fourth-largest economy. The government budget plan for 2015, reported by the finance ...

Philadelphia Fed Unveils New Nonmanufacturing Survey

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Kathleen Madigan The Federal Reserve Bank of Philadelphia is launching a new survey covering the activity and expectations of local nonmanufacturing firms, the district bank said Thursday. The survey will cover all nonmanufacturing sectors except natural resources and mining, ...

U.S. GDP/Corporate Profits-Historical - Sep 18

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

Percent changes for U.S. gross domestic product are seasonally adjusted at annual rates. Source: U.S. Commerce Department. --Chained-- Blns Blns GDP GDP Current Chained Real Price ImplicitCorp Prof Dlrs 2009 Dlrs Real GDPGDP PCE Index Price After Tax Level Level ...

Russia Admits Sanctions Are Hurting -- Update

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Alexander Kolyandr MOSCOW--Prime Minister Dmitry Medvedev acknowledged that Western sanctions against Russia are taking a toll on the economy, the starkest admission yet by the country's leadership. Speaking at a government meeting Thursday that approved a largely balanced budget ...

British Pound Hits Two-Week High Ahead of Scottish Vote

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Ira Iosebashvili The pound climbed to a two-week high against the dollar Thursday, as Scots headed to the polls to vote on separating from the U.K. The U.K. currency was recently up 0.6% at $1.6374, its highest level since ...

LONDON MARKETS: FTSE 100 Rises As Scots Head To The Polls

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Sara Sjolin and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- London's benchmark stock index moved firmly higher on Thursday, as the Scots headed to the polls to decide whether to stay in the U.K. or become an independent country. ...

BOND REPORT: Benchmark Treasury Yield Highest Since July

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- Treasury prices retreated Thursday after a round of economic data, as investors continued to react to policy signals from the Federal Reserve. The 10-year Treasury note (10_YEAR) yield, which rises as prices ...

SARB Keeps Key Interest Rate at 5.75%

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Patrick McGroarty PRETORIA, South Africa--South Africa's central bank on Thursday kept its main interest rate on hold despite persistent inflationary pressure, reflecting a reluctance to rush rate hikes that could impinge on slack economic growth. The South African Reserve ...

Russia's Putin Slams Sanctions as Breach of WTO Rules

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Alexander Kolyandr MOSCOW--Russian President Vladimir Putin on Thursday slammed sanctions placed on Moscow by Western countries as a unilateral breach of the rules and principles of the World Trade Organization. "The sanctions introduced against Russia is nothing else but ...

South Korea Plans Tariff of Over 500% on Rice Imports

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Kwanwoo Jun South Korea plans to impose a tariff of up to 513% on rice imports to help protect its farmers, months before the country opens up its rice market to foreign competition. Rice imports are a politically sensitive ...

Sao Paulo CPI Up 0.17% For 4 Weeks Ended Sept. 15

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Rogerio Jelmayer SAO PAULO--Growth in Sao Paulo's consumer price index slowed in the four weeks ended Sept. 15, in line with economists' expectations, as housing and transportation costs eased. CPI rose 0.17% in the period, compared with a rise ...

Swiss August Exports Slip as Demand for Chemicals, Machines Sags

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Neil MacLucas ZURICH--Weaker European demand for Switzerland's pharmaceuticals and chemicals, precision instruments and watches, as well as one work day less, eroded export growth in August. Exports in August fell 3.4% year over year in real terms adjusted for ...

Swiss National Bank Reaffirms Currency Floor

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

ZURICH--The Swiss National Bank repeated Thursday that it will intervene in the foreign exchange market to prevent the Swiss franc from surpassing 1.20 against the euro, saying the limit remains the "key instrument" to curb upward pressure on the currency. ...

Another Upbeat Signal Expected from Leading Index -- Data Week Ahead

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 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) Friday 1000 Leading Index Aug +0.5% (20) +0.9% (Figures in parentheses refer to number of economists surveyed.) ...

Fed Takes Action on Santander's U.S. Unit

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

WASHINGTON--The Federal Reserve took enforcement action against Banco Santander SA's U.S. unit, saying one of the Spanish bank's subsidiaries paid a dividend without permission even though the Fed had barred it from doing so. Santander Holdings USA, Inc. has been ...

U.S. Household Wealth Hits Fresh Record

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

Americans' wealth hit the highest level ever in the second quarter amid a rise in stock and home prices, prompting consumers to ramp up their borrowing--a development that could boost the economic recovery. The net worth of U.S. households and ...

South African Central Bank Governor to Step Down in November

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

By Patrick McGroarty PRETORIA, South Africa--South African Reserve Bank Governor Gill Marcus said Thursday that she will step down when her contract expires in November, bringing to an end a tenure that turned the country's top banker into a persistent ...

U.S. New Home Sales-Sep 18 -2-

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

Mar 1,276 10.1 86 196 620 374 3.6 123 20.6 209.6 261.0 Feb 1,159 -0.5 84 192 532 351 3.7 102 14.6 219.6 264.1 Jan 1,165 3.2 103 225 545 292 3.8 89 18.7 209.5 262.1 -2003- Dec 1,129 3.3 ...

Press Release: Philadelphia Fed Survey Reports Increased Business Activity in September

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

Philadelphia Fed Survey Reports Increased Business Activity in September PHILADELPHIA--(BUSINESS WIRE)--September 18, 2014-- Firms responding to the Manufacturing Business Outlook Survey indicated continued growth in the region's manufacturing sector in September. Although the current activity index fell from its relatively ...

Philadelphia Fed Business Index Falls

TODAY: Dec. 18, 2014 PUB DATE: Sept. 18, 2014

Mid-Atlantic manufacturers continue on an expansion path this month, according to a survey released Thursday by the Federal Reserve Bank of Philadelphia. The subindexes, meanwhile, generally strengthened. The Philadelphia Fed's index of general business activity covering the regional factory sector ...