Brent Crude Firmly Supported by Tensions In Ukraine, Libya

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Cassie Werber LONDON--Crude oil futures were trading near unchanged Thursday, with geopolitical tensions maintaining the current prices without shifting them out of the recent range. Brent crude for July delivery was down 19 cents at $110.36 a barrel ...

European Stocks Rise on Strong Chinese Data

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

European stocks climbed Thursday as some strong Chinese manufacturing data eased concerns about growth in the world's second largest economy. But a surprise slowdown in French business activity helped keep a lid on early gains and briefly dented the ...

EUROPE MARKETS: European Stocks Wobble After PMIs, Ukraine Worries

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets struggled for direction on Thursday after preliminary euro-zone PMI confirmed business activity in the region continuedto grow in May, while tensions heightened in Ukraine. The Stoxx Europe 600 index was marginally ...

Canada Monthly New Job Insurance Claims Rise 4.5% in March

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Paul Vieira OTTAWA--The number of initial and renewal claims for unemployment insurance benefits in Canada rose 4.5% in March from February, Statistics Canada said Thursday. Claims totaled 241,580 in March, for a 4.9% rise from the ...

HSBC China Manufacturing PMI Rises

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Richard Silk BEIJING--The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rose to 49.7 in May, compared with a final reading of 48.1 in April, HSBC Holdings PLC said Thursday. The reading ...

Russian Government-Led Consortium to Take Over Gas Terminal

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Lukas I. Alpert A Russian gas terminal partly owned by a target of U.S. sanctions and confidant of President Vladimir Putin will be taken over by a government-led consortium, the country's state-backed private-equity fund said Thursday. The ...

Consumer Spending Drives U.K. Growth

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

LONDON--U.K. economic growth in the first quarter was driven by consumer spending, according to detailed data released by the Office for National Statistics Thursday. Moreover, business investment provided a healthy contribution. That is a development, which should help turn ...

ASIA MARKETS: Asia Stocks Rally After China Data, U.S. Gains

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Laura He and Michael Kitchen, MarketWatch HONG KONG (MarketWatch) -- Asian stocks rallied on Thursday, bolstered by better-than-expected Chinese manufacturing PMI data and overnight gains on Wall Street. A report by HSBC on Thursday showed that China's manufacturing activity ...

Chicago Fed National Activity Index Flashes Mixed Signals

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Paul Rekoff Led by declines in production, a snapshot of the nation's economic activity last month provided a muddy outlook for U.S. growth. The Chicago Fed's National Activity Index decreased to -0.32 in April from ...

Brazil's Unemployment Rate Falls to 4.9% in April

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

RIO DE JANEIRO--Brazil's official unemployment rate fell in April to the lowest level on record for that month, as companies and government agencies held onto workers even amid a sluggish economy. The unemployment rate in six of Brazil's ...

HSBC China Manufacturing PMI Rises

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

BEIJING--The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rose to 49.7 in May, compared with a final reading of 48.1 in April, HSBC Holdings PLC said Thursday. The reading is the highest ...

HSBC China Manufacturing PMI Rises -- 2nd Update

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By William Kazer BEIJING--A key gauge of China's factory activity showed signs of stabilizing in May but the world's second largest economy was still struggling to gain traction. Analysts said that modest stimulus measures unveiled by the government ...

Consumer Spending Drives U.K. Growth

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Ilona Billington and Jason Douglas LONDON--U.K. economic growth in the first quarter was driven by consumer spending, according to detailed data released by the Office for National Statistics Thursday. Moreover, business investment provided a healthy contribution. That is ...

Russia trims currency interventions

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

By Andrey Ostroukh The Bank of Russia said Thursday it cut the amount of daily currency interventions, aimed at limiting ruble volatility, moving closer to inflation targeting. The central bank plans to let the ruble float freely starting from 2015 ...

U.S. Jobless Claims Rise to 326,000 in May 17 Week

TODAY: Sept. 22, 2014 PUB DATE: May 22, 2014

WASHINGTON--The number of Americans filing new claims for jobless benefits rose last week but the total number of unemployed people drawing benefits has hit a post-recession low, a sign of general improvement in the U.S. labor market. Initial claims ...