Asian Shares Lower Ahead of China Policy Meet

TODAY: May 24, 2015 PUB DATE: March 4, 2015

Stocks in Japan were on track for their biggest decline in a month Wednesday, following losses in the U.S., while Hong Kong shares edged lower ahead of an annual meeting of policy makers in Beijing. The Nikkei Stock Average was ...

Sluggish Australian Economy Set For More Rate Cuts

TODAY: May 24, 2015 PUB DATE: March 4, 2015

SYDNEY--Australia's economy grew too slowly in the fourth quarter of 2014 to prevent a further rise in unemployment in 2015, strengthening the case for a further cut in interest rates in coming months. The resource-rich economy grew by 0.5% in ...

MTN Group Revenue Rises to ZAR146.1 Billion in 2014

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Matina Stevis NAIROBI--MTN Group Ltd. (MTN.JO), Africa's largest telecommunications company, said Wednesday that revenue grew by 6.4% to 146.1 billion South African rand ($12.42 billion) in 2014 as the company continued to come under regulatory and operational pressure in ...

Press Release: NMI(R) at 56.9%; February -3-

TODAY: May 24, 2015 PUB DATE: March 4, 2015

The five industries reporting an increase in new export orders in February are: Agriculture, Forestry, Fishing & Hunting; Real Estate, Rental & Leasing; Information; Finance & Insurance; and Wholesale Trade. The two industries reporting a decrease in export orders in ...

Evans Wants Fed to Delay Rate Hike Until First Half of 2016

TODAY: May 24, 2015 PUB DATE: March 4, 2015

NEW YORK--Raising short-term interest rates off currently near zero levels this year would be a mistake, Federal Reserve Bank of Chicago President Charles Evans said Wednesday. "We should be patient in raising interest rates," Mr. Evans said. "I think economic ...

Eurozone Retail Sales Surge

TODAY: May 24, 2015 PUB DATE: March 4, 2015

Retail sales in the eurozone rose for the fourth straight month in January and at the fastest rate in more than nine years, a fresh sign that the currency area's economy has strengthened ahead of the launch of the European ...

European Stocks Retrace Early Gains

TODAY: May 24, 2015 PUB DATE: March 4, 2015

European stocks retraced early gains on Wednesday, pressured by slightly softer-than-expected economic data in the region. Having opened around 0.3% higher, the Stoxx Europe 600 sagged into the red after the eurozone's composite Purchasing Managers Index for February was revised ...

EUROPE MARKETS: European Stocks Waver After Mixed Eurozone Data

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Carla Mozee, MarketWatch LONDON (MarketWatch) -- European stocks meandered around the flatline Wednesday following a round of mixed economic reports from the eurozone. Among the clutch of data, retail sales climbed 1.1% in January (http://www.marketwatch.com/story/eurozone-retail-sales-surge-in-january-2015-03-04) from December, according to ...

ADP: Private Businesses Added 212K Jobs in February, Near Expectations

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Kathleen Madigan Business hiring remained modest last month, as expected by economists, according to an employment survey released Wednesday. Private payrolls in the U.S. increased by 212,000 jobs in February, says the national employment report compiled by payroll processor ...

GDF Suez Issues Zero-Coupon Bond -- Update

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Josie Cox On the eve of a massive bond-buying program by the European Central Bank, a true rarity appeared in the region's corporate-debt market: bonds with no regular interest payments at all. The two-year bonds, from French utility company ...

Euro Hits 11-Year Low Against Dollar

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Josie Cox The euro slumped to a fresh 11-year low against the U.S. dollar Wednesday, on the eve of a key meeting at which the European Central Bank is expected to shed more light on how it will execute ...

ISM Non-Manufacturing Index Edges Up to 56.9 in February--Update

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By Kathleen Madigan The expansion in the U.S. non-manufacturing sector continued at a pace slightly better than expected last month, according to data released Wednesday by the Institute for Supply Management. The ISM's non-manufacturing purchasing managers index came in at ...

U.S. Data Drive Dollar to New 11-Year High Against Euro

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By James Ramage The dollar climbed to a new 11-year high against the euro and other currencies Wednesday after solid U.S. data moved investors to bet on a strong jobs report for February and higher interest rates by midyear. The ...

Sluggish Australian Economy Set For Further Rate Cut

TODAY: May 24, 2015 PUB DATE: March 4, 2015

By James Glynn SYDNEY--Australia's economy grew too slowly in the fourth quarter of 2014 to prevent a further rise in unemployment in 2015, strengthening the case for a further cut in interest rates in coming months. The resource-rich economy grew ...

China February HSBC Services PMI 52.0 Vs 51.8 in January

TODAY: May 24, 2015 PUB DATE: March 4, 2015

BEIJING--The HSBC China Services Purchasing Managers' Index edged up to 52.0 in February after dropping to a six-month low of 51.8 in January, HSBC Holdings PLC said Wednesday, pointing to a modest recovery outside the nation's factory sector. The reading ...