U.S. New-Home Sales Rose in September

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

WASHINGTON--New-home sales rose slightly in September after surging in August, hitting their fastest pace of the recovery despite downward revisions to sales during the summer months. Sales of newly built single-family homes in the U.S. rose 0.2% in September from ...

Dollar Falls Slightly on Stronger European Data

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By James Ramage The dollar slipped against the euro and the British pound on Friday after stronger data in Germany and the U.K. revealed a small boost to two vital European economies. The U.S. currency also edged down against the ...

Ruble Faces New Wave of Pressure -- 3rd Update

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Andrey Ostroukh and Chiara Albanese MOSCOW--A new wave of pressure is hitting Russia's ruble as the market is becoming convinced that the central bank won't be able to halt its slide, causing local companies to scramble for the dollars ...

South Korea GDP Rises 0.9% in 3rd Quarter

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Kwanwoo Jun SEOUL--South Korea's economic growth accelerated in the third quarter amid measures aimed at stimulating domestic demand. Gross domestic product rose a seasonally adjusted 0.9% in the July-September period from the previous quarter, after growing 0.5% in the ...

IMF Warns Eastern European Income Convergence Has Stalled

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

A quarter century after the fall of Communism, progress toward closing the gap in incomes between eastern and western Europe has stalled, and in some cases is going in reverse, the International Monetary Fund said on Friday. In a special ...

U.K. Economy Slows in Third Quarter

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Jason Douglas and Jon Sindreu LONDON--The U.K. economy, one of the star performers among its peers in the West so far this year, slowed in the third quarter, official data showed Friday, the latest sign the global recovery may ...

Brazil Consumer Confidence Down In October

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Rogerio Jelmayer SAO PAULO--Brazil's main consumer-confidence index dropped in October on renewed concerns about inflation and lack of growth, the Getulio Vargas Foundation, or FGV, said Friday. FGV said its consumer-confidence index for October was 101.5 points, down from ...

Belgium October Business Confidence -6.8 Vs -7.2 in September

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Frances Robinson BRUSSELS--Business confidence rose slightly in October from the previous month, the Belgian National Bank said following its monthly survey of business people. Business confidence rose to -6.8 in October from -7.2 in September, the bank said. The ...

Irish Brewer C&C Snubbed as Spirit Pub Engages Greene King

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Razak Musah Baba LONDON--C&C; Group PLC's (CCR.DB) plan to enter into the pub business may have to be put on hold after Spirit Pub Company PLC (SPRT.LN) said it has rejected an offer approach from the Irish brewer. Following ...

S&P Affirms Russia's BBB- Rating; Outlook Remains Negative

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Ben Edwards LONDON--International ratings firm Standard & Poor's Corp. said Friday it will keep Russia's sovereign debt rating unchanged at one level above the threshold at which it considers it to be a solid investment. The affirmation at BBB- ...

CURRENCIES: Dollar Finishes Week Higher Against Yen

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

By Joseph Adinolfi, MarketWatch NEW YORK (MarketWatch)--The dollar finished the week 1.1% higher against the yen Friday afternoon, benefiting from strong economic data out of the U.S. and Europe. The market was quiet Friday afternoon overall, analysts said, as the ...

World Bank Chief Warns of Ebola Spread

TODAY: Oct. 24, 2014 PUB DATE: Oct. 24, 2014

WASHINGTON--World Bank President Jim Yong Kim warned Friday that a dearth of trained health-care workers volunteering to fight the deadly Ebola outbreak in the hardest-hit West African nations could accelerate the spread of the epidemic around the globe. "The epidemic ...

HSBC October Preliminary China Manufacturing PMI Rises to 50.4

TODAY: Oct. 24, 2014 PUB DATE: Oct. 23, 2014

By Richard Silk BEIJING--A closely-watched gauge of activity in China's manufacturing sector rose in October, after holding steady at a three-month low in September, a result which may go some way to ease concerns over the pace of Chinese economic ...

ASIA MARKETS: Asian Stocks Pull Back After China Manufacturing Data

TODAY: Oct. 24, 2014 PUB DATE: Oct. 23, 2014

By Chao Deng Stocks in Japan and China slipped Thursday as investors assessed the latest read on Chinese manufacturing activity. The Hang Seng Index fell 0.3% to 23,333.18 and the Shanghai Composite lost 1% to 2,302.42 after HSBC's preliminary report ...

MARKET SNAPSHOT: U.S. Stocks: Futures Climb; 3M, GM Results On Tap

TODAY: Oct. 24, 2014 PUB DATE: Oct. 23, 2014

By Carla Mozee, MarketWatch LONDON (MarketWatch) -- Wall Street was looking at a higher open on Thursday, with U.S. stock futures strengthening after key eurozone data came in better than anticipated. The deluge of corporate results will continue, with industrial ...

UK Car Production Sees Biggest Nine-Month Rise in Six Years -SMMT

TODAY: Oct. 24, 2014 PUB DATE: Oct. 23, 2014

(This article was originally published at 2301 GMT Wednesday, Oct. 22) By Ian Walker LONDON--U.K. car manufacturing has recorded its biggest nine-month rise in six years, boosted by the launch of new models and a recovering market in Europe, despite ...