Sterling Recovers Slightly After Scotland Poll

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Tommy Stubbington There was some relief for the beleaguered British pound on Thursday after the most recent poll on the Scottish independence referendum showed a lead for those in favor of remaining in the U.K. The currency plummeted earlier ...

Brazil Central Bank Indicates No Interest Rate Cuts Soon

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Jeffrey T. Lewis, Rogerio Jelmayer and Paulo Trevisani SÃO PAULO--Brazil's central bank said it is still waiting for a year-long cycle of interest rate increases that ended in April to take its full effect on inflation, and indicated it ...

Australia's Jobless Rate Falls From 12-Year High--Update

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By James Glynn SYDNEY--Australian employment jumped by a record 121,000 in August, pushing the unemployment rate down from a 12-year high reached in July, and fueling a strong recovery in the Australian dollar. Unemployment dropped to 6.1% in August from ...

China's Consumer Inflation Softens in August -- Update

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

BEIJING--China's economy showed new signs of sluggish domestic demand on Thursday, as August consumer inflation unexpectedly fell to a four-month low and some economists warned of the potential for deflationary pressure if pricing weakens further. Food prices, which can be ...

French Consumer Prices Rise in August from July

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Stacy Meichtry PARIS--French consumer prices rose in August compared with July, as France's regulated sales season wrapped up and fees increased for tourism-related services, statistics agency Insee said Thursday. France's consumer price index rose 0.4% in August from July, ...

U.S. Stock Futures Decline

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Saumya Vaishampayan U.S. stock futures fell Thursday as investors weighed weekly labor-market data and geopolitical issues. Dow Jones Industrial Average futures dropped 76 points, or 0.5% to 16981. S&P; 500 index futures lost nine points, or 0.5%, to 1986, ...

CURRENCIES: Dollar Hits Another 6-year High Against Yen

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Hiroyuki Kachi The dollar was slightly higher against the yen in Asian trade Thursday, with midafternoon buying driven by gains in the Tokyo stock market, pushing up the greenback to another, nearly six-year high. The dollar (USDJPY) was at ...

Australia's Jobless Rate Falls From 12-Year High

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By James Glynn SYDNEY--Australia's unemployment rate fell from a 12-year high as part-time employment surged. Unemployment dropped to a lower-than-expected 6.1% in August from 6.4% in July, sending the Australian dollar higher against the U.S. currency. Economists had expected the ...

IMF in Talks to Expand Bailouts for Ebola Crisis

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

The International Monetary Fund on Thursday warned the West African Ebola epidemic requires a "large scale" global intervention to control a crisis that is ravaging economies in the region. The IMF, the world's emergency lender, said it is in talks ...

CURRENCIES: Dollar Nears Fresh Record Against Yen

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch) -- The dollar hovered just under its most recent record against the yen Thursday, shrugging off an unexpected rise in U.S. weekly jobless claims. The dollar recorded several fresh six-year ...

Sterling Recovers Slightly After Scotland Poll--Update

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Tommy Stubbington The latest poll on Scottish independence, showing a lead for those in favor of remaining in the U.K., offered some relief for the beleaguered British pound on Thursday, but analysts warned the respite could be temporary. Having ...

BlackBerry to Acquire U.K. Startup Movirtu

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

TORONTO--BlackBerry Ltd. Thursday said it agreed to acquire Movirtu Ltd., a U.K. startup whose software enables companies to avoid paying costs incurred by employees using their devices for personal use. Terms weren't disclosed. The transaction underscores BlackBerry's focus on finding ...

Brazil Central Bank Indicates No Rate Cuts Soon

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

SÃO PAULO--Brazil's central bank said it is still waiting for a year-long cycle of interest rate increases that ended in April to take its full effect on inflation, and indicated it won't start cutting rates soon despite the economy entering ...

U.S. Deficit in August Narrows from a Year Earlier

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

WASHINGTON--The U.S. budget deficit narrowed in August from the same month a year ago as tax revenue increased and government spending slowed. The federal government's deficit from October through August totaled $589.19 billion, down 22% from the same span a ...

New Zealand Central Bank Keeps Interest Rates on Hold

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

WELLINGTON, New Zealand--The Reserve Bank of New Zealand kept interest rates on hold Thursday and softened its stance on future increases against a backdrop of tumbling export prices, moderate inflation and a stubbornly high New Zealand dollar. In order to ...

China's Global Mining Play Is Failing to Pan Out -2-

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

The costs were in Australian dollars, which strengthened against the U.S. dollar between 2007 and the time construction started in August 2008. To protect itself from currency losses, Citic Pacific bought currency-related derivatives that backfired when the global financial crisis ...

Dollar Hits Another 6-Year High Against Yen On Nikkei Gains

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Hiroyuki Kachi The dollar was slightly higher against the yen in Asian trade Thursday, with mid-afternoon buying driven by gains in the Tokyo stock market, pushing up the greenback to another, nearly six-year high. As of 0450 GMT, the ...

U.S. Deficit in August Narrows from a Year Earlier

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Eric Morath WASHINGTON--The U.S. budget deficit narrowed in August from the same month a year ago as tax revenue increased and government spending slowed. The federal government's deficit from October through August totaled $589.19 billion, down 22% from the ...

CURRENCIES: Dollar Nears Record Against Yen

TODAY: Dec. 21, 2014 PUB DATE: Sept. 11, 2014

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch)--The dollar hovered just under its most recent record against the yen Thursday, shrugging off an unexpected rise in U.S. weekly jobless claims. The dollar recorded several six-year highs against the ...