Indonesia's Economic Growth at 4.79% in 2015, Slowest Since 2009 -- Update

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Ben Otto and Deden Sudrajat JAKARTA, Indonesia--Indonesia's economy expanded 4.79% in 2015, the slowest pace since 2009, but fourth-quarter results came in stronger than expected as increased government spending gave Southeast Asia's largest economy a late boost. Indonesia's $800 ...

Dollar Flat Against Yen Ahead of U.S. Jobs Report

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Hiroyuki Kachi The dollar was flat against the yen in Asia trade Friday, as investors awaited U.S. jobs data to get more clarity on the U.S. Federal Reserve's next move. The greenback stabilized at Y116.71 around 0450 GMT from ...

French December Trade Deficit Narrows on Weaker Imports

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By William Horobin PARIS--France's trade deficit narrowed markedly in December on a decline in imports, the country's customs office said Friday. The trade deficit of the eurozone's second largest economy narrowed to EUR3.94 billion in December from EUR4.53 billion in ...

How to Fight Tax Identity Theft

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Laura Saunders The ordeal of tax identity theft often starts with a shock. In one common scenario, a federal or state computer blocks a taxpayer's return because a thief has already filed using the same name and Social Security ...

Global Stocks Steady Ahead of U.S. Labor Data -- Update

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Riva Gold Global stocks were steady Friday as investors awaited a key reading on the U.S. labor market. The Stoxx Europe 600 was up 0.3% in early trade, led by the recently hit auto and banking sectors, after Wall ...

ECB Could Act in March 'If Necessary'

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

FRANKFURT?The European Central Bank is ready to boost its stimulus in March if needed, but central bank action shouldn't be seen as a "magic wand" to solve problems in the eurozone's economy, a member of the ECB's Governing Council said. ...

Oil Prices Rise as Traders Await U.S. Jobs Data -- Update

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Georgi Kantchev Oil prices fluctuated in volatile trade Friday as traders awaited U.S. jobs data for clues about the direction of the dollar, but analysts say the continuing oversupply of crude will prevent any lasting gains. The crude market ...

Correction to Julius Baer Story Thursday

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

Julius Baer admitted to having conspired to defraud the IRS, file false federal income tax returns and evade federal income taxes. Articles published Thursday at 7:35 p.m., 7:58 p.m. and 10:15 p.m. ET incorrectly stated the bank pleaded guilty. Under ...

U.S. Trade-Historical

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

Seasonally adjusted data in billions of dollars. R denotes revised. Source: U.S. Department of Commerce. Month Balance Exports Imports -2015 (YTD)- -531,503 2,230,314 2,761,822 Dec 15 -43,357 181,497 224,854 Nov 15 -42,226R 182,010R 224,237R Oct 15 -44,610R 183,751R 228,361R Sep ...

U.S. Stocks Decline After Jobs Report

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Leslie Josephs Stocks fell, the dollar strengthened and Treasury yields rose as U.S. data showed employment growth slowed in January after a surge at the end of last year. Markets were relatively calm Friday, reflecting investors' caution after weeks ...

U.S. Stocks Decline After Jobs Report

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Leslie Josephs and Riva Gold U.S. stocks fell on Friday after data showed the American economy created fewer jobs than expected last month. The Labor Department said the U.S. added 151,000 jobs in January. Economists polled by The Wall ...

U.S. Stock Futures Slip After Jobs Report

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Riva Gold and Leslie Josephs U.S. stock futures fell Friday after data showed the American economy added fewer jobs than expected last month, further fueling concerns over slowing growth. Stock futures pointed to a 0.5% opening loss for the ...

Copper Falls As Dollar Gains, China Holiday Nears

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Ese Erheriene and Christian Berthelsen Copper futures fell Friday as the U.S. dollar strengthened in reaction to mixed U.S. jobs data, and investors showed caution ahead of the Chinese Lunar New Year. Copper futures were down 1.7% at $2.097 ...

J.C. Penney Exploring Sale of Texas Headquarters

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Chelsey Dulaney J.C. Penney Co. said Friday that it is exploring a sale of its Plano, Texas, headquarters as part of the retailer's push to reduce its debt. Penney said a strong real-estate market in the area, located just ...

Lions Gate Plummets Amid Lack of Earnings Guidance

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

Lions Gate Entertainment Corp. stock plummeted 28% on Friday to $18.18, potentially complicating discussions for the studio behind "The Hunger Games" to merge with premium cable channel Starz. Shares began falling Friday morning after Chief Executive Jon Feltheimer said on ...

Canada PM Faces Growing Pressure on Infrastructure Spending

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Kim Mackrael OTTAWA--Canada Prime Minister Justin Trudeau met with the mayors of Canada's biggest cities on Friday as his government faces growing pressure to boost infrastructure spending plans in its upcoming budget. Mr. Trudeau pledged during last fall's election ...

Petrobras Is No Longer a Buy for Emerging-Markets Investor Mobius

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Luciana Magalhaes São Paulo--Emerging-markets guru Mark Mobius said Friday that he no longer is investing in Brazil's troubled state-run oil giant Petróleo Brasileiro SA and that he would buy shares only if oil prices rise sharply and the state-run ...

Tech Sector Leads Sharp Selloff

TODAY: Feb. 8, 2016 PUB DATE: Feb. 5, 2016

By Leslie Josephs The S&P; 500 posted its biggest weekly decline since the start of the year, with technology shares suffering particularly sharp losses. Investors shied away from risky assets amid soft economic data. Stocks fell and the dollar strengthened ...