S Africa's Central Bank Keeps Rates on Hold

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Patrick McGroarty PRETORIA, South Africa--South Africa's central bank kept its key interest rate on hold Thursday, after falling oil prices drove down inflation in the oil-importing nation. Lower fuel prices have become the latest brake on the bank's pledge ...

Obama Budget Proposes 7% More in Spending Above Sequestration Caps--Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Carol E. Lee WASHINGTON--President Barack Obama will propose government spending that is 7%--or $74 billion--over caps he and congressional Republicans agreed to in a bipartisan deficit-reduction deal over three years ago, a White House official said Thursday. Mr. Obama's ...

China Trumps US For Foreign Investment

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Paul Hannon China became the world's top destination for foreign direct investment in 2014, edging the U.S. out of that position for the first time since 2003, according to figures released Thursday by the United Nations Conference on Trade ...

Retail trade increased in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

Statistical news from Statistics Sweden and HUI Research 2015-01-29 9:30 AM Nr 2015:10 Turnover in Retail Trade, December 2014: Retail trade increased in December The retail trade sales volume increased by 3.4 percent in December compared to the same month ...

India's Central Bank Will Likely Leave Rates Steady, Economists Say

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Gabriele Parussini MUMBAI--Reserve Bank of India Governor Raghuram Rajan will likely leave lending rates unchanged at Tuesday's policy meeting, economists say, after a surprise cut earlier this month that caught markets off guard. As Mr. Rajan prepares for his ...

Dollar Higher Against Yen on Month-End Dip Buying

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Hiroyuki Kachi The dollar rose against the yen in Asian trade Thursday, driven by month-end dip buying by Japanese corporate investors. Market participants also pointed to comments by Japan's top spokesman that some interpreted as the government leaving open ...

Brazil's Banco Bradesco Net Profit Rises 30% -- Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Rogerio Jelmayer SÃO PAULO-- Banco Bradesco SA, Brazil's fourth-largest bank in terms of assets, Thursday assumed a conservative outlook for the expansion of its 2015 credit portfolio, as the country's struggling economy reduced credit demand from companies and individuals. ...

Brazil Central Bank: Inflation to Begin 'Long Cycle of Declining'

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Paulo Trevisani BRASILIA--Brazil's Central Bank said Thursday that inflation will begin "a long cycle of declining" later this year, but indicated that more needs to be done to tame price increases. "Advances achieved in the fight against inflation...aren't enough ...

Japan Dec Overall Retail Sales +0.2% on Year

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

TOKYO--Japanese retail sales rose 0.2% in December from a year earlier, marking the sixth straight month of increase, the government said Thursday, on stronger sales of cosmetics and food and beverage products. The figures, released by the Ministry of Economy, ...

Press Release: ISM Makes Annual Adjustments to Seasonal Factors for ISM Manufacturing PMI(R) and Diffusion Indexes and ISM Non-Manufacturing NMI(R) and Diffusion Indexes

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

ISM Makes Annual Adjustments to Seasonal Factors for ISM Manufacturing PMI(R) and Diffusion Indexes and ISM Non-Manufacturing NMI(R) and Diffusion Indexes PR Newswire TEMPE, Ariz., Jan. 29, 2015 TEMPE, Ariz., Jan. 29, 2015 /PRNewswire/ -- Based on input from an ...

Brazil Central Bank Signals Further Increase in Interest Rates

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Paulo Trevisani and Rogerio Jelmayer BRASÍLIA--Brazil will have to raise interest rates further to win its battle against inflation, the country's central bank signaled Thursday. "Advances achieved in the fight against inflation...aren't enough yet," the bank's monetary-policy committee said ...

U.S. Stocks Mixed as Oil Drop Continues to Weigh

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Alexandra Scaggs And Saumya Vaishampayan U.S. stock indexes were mixed Thursday, as the continuing drop in crude-oil prices continued to weigh on energy shares. The Dow Jones Industrial Average rose 49 points, or 0.3%, to 17240. The S&P; 500 ...

Brazil's Unemployment Rate Declines in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Paul Kiernan RIO DE JANEIRO--Brazil's official unemployment rate posted a sharp, but seasonal, decline in December, tying the lowest level on record even as the broader economy remains stagnant. Joblessness in six major metropolitan areas fell to 4.3% in ...

Canada Weekly Earnings Up 2.2% in November from Year Ago

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Judy McKinnon Average weekly earnings of Canadian non-farm payroll employees edged up 0.1% in November from October and rose 2.2% from the same month a year earlier, Statistics Canada said Thursday. Weekly earnings averaged 940.61 Canadian dollars ($751.29) in ...

Brazil's Central Bank Gave a Hawkish Message -- Market Talk

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

8:43 EST - Brazil's central bank sent a hawkish message in the minutes of its latest rate decision, when it raised Selic base rate to 12.25% from 11.75%, says Barclays economist Bruno Rovai. "In the January meeting minutes, the Copom ...

MARKET SNAPSHOT: U.S. Stocks End With Solid Gains As Oil Bounces

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Weekly jobless claims fall to lowest level since 2000 NEW YORK (MarketWatch) -- U.S. stocks rallied into the close and ended Thursday's session with solidbroad-based gains. Analysts pointed to a rebound in oil ...

Bank of Mexico Leaves Interest Rates Unchanged

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

By Anthony Harrup MEXICO CITY--The Bank of Mexico left interest rates unchanged Thursday at record-low levels, saying that while it expects inflation to reach its target by mid-year, it still sees significant risks to the economic growth outlook. The central ...

Yellen Tells Senate Democrats U.S. Economy is Strong

TODAY: Jan. 30, 2015 PUB DATE: Jan. 29, 2015

WASHINGTON--An upbeat Janet Yellen at a private luncheon on Thursday told Senate Democrats the U.S. economy is strong. Ms. Yellen conveyed that "things are going well" for the economy, unemployment is low, but some people are still hurting, Sen. Joe ...