Thai Union Frozen Products to Buy Bumble Bee Tuna -- Update

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Nopparat Chaichalearmmongkol in Bangkok and Josh Beckerman in New York BANGKOK-- BANGKOK-- Thai Union Frozen Products PCL, one of the world's largest seafood companies, said Friday it is acquiring U.S.-based Bumble Bee Seafoods LLC for $1.51 billion. TUF said ...

Hong Kong Doesn't Find Evidence of Forex Rigging

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

HONG KONG--Hong Kong's de facto central bank on Friday said it found no evidence of collusion among banks in rigging benchmarks in the $5.3-trillion-a-day foreign-exchange market. The Hong Kong Monetary Authority, which carried out the probe as part of a ...

Canada Inflation Slows as Gasoline Prices Decline

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

November Inflation Report =-----------------------------------------=--=--=--=--=--== Key Numbers Nov. Oct. ! Consensus: ! Core Inflation y/y +2.1% +2.3% !Core: +2.5% y/y! Core Inflation m/m -0.2% +0.3% !Headline: +2.2%! All-items CPI y/y +2.0% +2.4% ! ! All-items CPI m/m -0.4% +0.1% !Actual: ! ...

Eurozone's Current Account Surplus Narrowed in October

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

FRANKFURT--The eurozone's current account surplus narrowed in October from an upwardly revised surplus in September, as the surplus on both goods and services shrank, data from the European Central Bank showed Friday. The current account balance, a broad measure of ...

Oil Price Fall Sees Eni Selloff Put On Hold

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Eric Sylvers Another casualty of oil's collapse in recent months: Italy's plans to make a dent in its national debt by selling about 4.5% of oil and gas company Eni SpA. With Brent crude, the global oil benchmark, down ...

Tuesday Brings a Stocking Full of Data -- Data Week Ahead

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Kathleen Madigan The economic reports are front-loaded next week because the U.S. government and financial markets will close Thursday to observe Christmas. Tuesday will bring a stocking full of data. The Commerce Department will be particularly busy, as it ...

U.K. Police Arrest Man in Forex Probe

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

British police arrested a man Friday morning at his suburban home east of London in connection with the government's probe into rigging of the foreign-exchange markets, according to a person familiar with the matter. It was the first arrest known ...

Asian Shares Rise on Fed Stance

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

Stocks in Japan and Australia made gains for a second day on Friday, as investor confidence continued to be bolstered by expectations the U.S. is in no rush to raise interest rates. The Nikkei Stock Average was up 1.8% while ...

APM Terminals Gets All-Clear for $1 Billion Costa Rica Port

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Costas Paris LONDON--APM Terminals, a unit of Danish shipping and oil conglomerate A.P. Moller-Maersk A/S and one of the world's biggest port operators, has been given approval to build a new container terminal in Costa Rica after a long ...

ASIA MARKETS: Asian Shares Rise On Fed Stance

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Chao Deng The yen weakens against the dollar Stocks in Japan and Australia led Asia higher for a second day on Friday, as investor confidence continued to be bolstered by expectations the U.S. is in no rush to raise ...

UK Public Finances Get Boost From Forex Fines

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Jon Sindreu and Jason Douglas LONDON--The U.K. borrowed less in the eight months to November than it did during the year-earlier period, official figures showed Friday, as government receipts received a boost last month from foreign-exchange trading fines on ...

Canada Retail Sales Flat in October

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Nirmala Menon OTTAWA--Canadian monthly retail sales stalled in October as increased consumer spending on building materials, electronics and appliances and food, offset lower outlays on cars and gasoline. The value of sales was flat at 42.85 billion Canadian dollars ...

China Revises 3Q Payments Position

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

BEIJING--China on Friday revised its international payment figures for the third quarter, cutting its current-account surplus and sharply reducing its deficit on the capital and financial account. China's current-account surplus in the three months ended September was revised to $72.2 ...

Eurozone's Current Account Surplus Narrowed in October

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Emese Bartha FRANKFURT--The eurozone's current account surplus narrowed in October from an upwardly revised surplus in September, as the surplus on both goods and services shrank, data from the European Central Bank showed Friday. The current account balance, a ...

Investors Continue to Scoop Up TIPS

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Min Zeng The retreat of inflation hasn't killed investors' appetite for bonds that protect against rising price levels. Investors this month have snapped up U.S. Treasury inflation-protected securities, or TIPS, at the fastest pace in 27 months. TIPS help ...

Bank of Mexico Unanimous in Holding Interest Rates

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Anthony Harrup MEXICO CITY--The Bank of Mexico was unanimous in its decision to leave interest rates unchanged early this month, with members agreeing risks had increased for economic growth and inflation, and noting inflation risks if the peso extends ...

Yuan's Slide Gathers Steam-- Update

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Anjani Trivedi The weeklong decline in the yuan accelerated Friday, pushing the Chinese currency to its lowest level in five months. Traders drove the yuan to the closest point it has ever been to the bottom end of the ...

Consumer Confidence in the Eurozone Likely to Edge Up

TODAY: Dec. 22, 2014 PUB DATE: Dec. 19, 2014

By Jon Sindreu LONDON--Economic indicators due next week are expected to show economic sentiment is slowly improving in the 18 countries that share the euro. Median forecasts by analysts polled by The Wall Street Journal say consumer confidence for the ...