Myanmar Hotel Owner Where Kerry Stayed on U.S. Blacklist

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

NAYPYITAW, Myanmar--A U.S. delegation including Secretary of State John Kerry stayed over the weekend at a hotel owned by a businessman on a U.S. blacklist of cronies of the former military regime, showing the difficulties of navigating a country still ...

Dollar Steady Against Yen in Quiet Session

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Alexander Martin The dollar remained steady against the yen during Asian trading Tuesday amid a lack of significant trading cues. After recovering last week's losses on a slight easing in geopolitical tensions over Iraq and Ukraine, the greenback remained ...

Home Price Growth Slowdown a Mixed Trend for Economy

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Joe Light Home-price appreciation is slowing, a trend that could be good for potential buyers looking for an opportunity to jump into the market, but bad for homeowners still looking for relief for underwater mortgages. Home prices grew 4.4% ...

Oil Prices Decline on Weaker Demand Forecast

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Nicole Friedman Oil prices slid Tuesday on concerns about demand, while global output remained unaffected by violence in the Middle East and Eastern Europe. Brent, the global benchmark, is down 10% from highs seen in June, when an insurgency ...

Canada's July Jobs Report Had an Error

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Paul Vieira And Nirmala Menon OTTAWA--Canada's statistics agency found an error in its July employment report--which had suggested the economy created a meager 200 jobs, well below expectations--and it plans to release new data Friday. Statistics Canada said Tuesday ...

EUROPE MARKETS: German Stocks, Euro Drop As Economic Sentiment Worsens

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Carla Mozee, MarketWatch ZEW sentiment survey underscores worries LONDON (MarketWatch) -- German stocks fell nearly 1% Tuesday, taking a hit after the ZEW sentiment survey plunged, missing already low expectations and underscoring anxiety about slowing in Europe's largest economy. ...

India Reports Weaker Industrial Output, Inflation Data

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Anant Vijay Kala NEW DELHI--India's industrial output slowed unexpectedly while inflation accelerated, tempering optimism about an economic recovery generated by India's new pro-business government. The output of manufacturing, mining and utilities firms rose 3.4% from a year earlier in ...

German Economic Expectation Worsen for Eighth Straight Month

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By Todd Buell MANNHEIM, Germany--A key economic indicator released Tuesday suggests that German economic growth will be weaker this year than previously thought, as geopolitical tensions and the sluggish euro-zone recovery weigh on Europe's largest economy. Data from the Center ...

CURRENCIES: Euro Near 9-month Low After Dismal German ZEW

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

By William Watts, MarketWatch NEW YORK (MarketWatch) -- The euro traded near a nine-month low versus the U.S. dollar Tuesday, falling after a gauge of German investor sentiment fell more sharply than expected. The euro (EURUSD) changed hands at $1.3345, ...

European Shares Drift Lower

TODAY: Nov. 23, 2014 PUB DATE: Aug. 12, 2014

European stock markets drifted lower Tuesday as the previous session's strong rally fizzled out. The Stoxx Europe 600 index was down 0.2% in early trade. The benchmark had surged 1.4% on Monday amid a perceived easing of the geopolitical tensions ...

RBI Says India on Course to Meet Inflation Targets

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

NEW DELHI--India's central bank governor said Sunday that the country's economy is "on course" to meet the bank's inflation targets, adding that further changes in interest rates will be "contingent on the data coming in." The Reserve Bank of India ...

CURRENCIES: Dollar Edges Up Against Yen, Euro

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- The U.S. dollar edged up against the Japanese yen and the euro on Monday as investor concerns about geopolitical conflicts eased. The U.S. dollar (USDJPY) bought Yen102.16 on Monday, versus Yen102.07 late ...

Canadian Bonds Slip as Geopolitical Worries Ease

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Don Curren TORONTO--Canadian bonds ended moderately lower Monday as worries about the tense situation in Ukraine eased, at least temporarily. The Canadian market underperformed the U.S. Treasury market, where most maturities were essentially unchanged. Canada's two-year bond yield is ...

Canada Housing Starts At 200,098 Annual Rate In July

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Judy McKinnon Canadian housing starts advanced 0.7% in July from June to an annualized rate of 200,098 units, Canada Mortgage and Housing Corp. said Monday. The results exceeded economists' expectations, which were for annualized housing starts of about 192,000 ...

Sweden's Finance Minister Signals Cut to Growth Forecasts

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Charles Duxbury STOCKHOLM--Sweden's finance minister Monday said slower-than-expected overseas growth is likely to prompt his ministry to cut its 2015 growth forecast. Anders Borg said that, amongst other things, Swedish exports would suffer from slower than expected growth in ...

Russia's 2Q Annual Economic Growth Slowed From 1Q

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Andrey Ostroukh MOSCOW--Russia's annual economic growth slowed to 0.8% in the second quarter from 0.9% in the first quarter, Federal Statistics Service preliminary data showed Monday. Russia is on track to post its weakest economic growth since 2000, the ...

Centrica Warns Earnings to Be Hit by Output Reduction at Heysham 1

TODAY: Nov. 23, 2014 PUB DATE: Aug. 11, 2014

By Tapan Panchal LONDON--Centrica PLC (CNA.LN) expects a reduction in its 2014 earnings per share due output reduction at the Heysham 1 nuclear power station located in Lancashire, England, and operated by EDF Energy. The utility company said Monday it ...