BOJ members agreed emerging economies will pick up longer term -minutes | Reuters
Fp Archives • 10 years agoTOKYO Bank of Japan policymakers agreed that emerging economies had suffered from weak growth but were likely to improve from a longer-term perspective, minutes of the central bank's August policy meeting showed on Friday. Many in the nine-member board, however, said the BOJ must be vigilant to the risk of a decline in exports from a prolonged slowdown in China and other emerging economies, the minutes showed
Wall St. ends down after choppy session; Fed holds rates | Reuters
Fp Archives • 10 years agoMajor Wall Street indexes gave up a 1-percent rally to end lower on Thursday after the Federal Reserve cited concerns about global economic growth in its decision to hold off on raising interest rates. The U.S.
Wall St. stocks volatile after Fed holds steady on rates | Reuters
Fp Archives • 10 years agoU.S. stocks were up in volatile afternoon trading on Thursday after the Federal Reserve held off on raising interest rates in a nod to concerns about global economic weakness
OPEC sees oil prices returning to $80/barrel by 2020 | Reuters
Fp Archives • 10 years agoREUTERS - OPEC forecasts oil prices will grow by no more than $5 per barrel a year to reach $80 by 2020, with rival non-OPEC production growth slowing but not fast enough to fully clear the current oil glut, according to OPEC sources.
Wall Street set to open lower ahead of Fed decision | Reuters
Fp Archives • 10 years agoREUTERS - Wall Street was set to open slightly lower on Thursday, with investors reluctant to take big positions ahead of the Federal Reserve's interest rate decision later in the day. The Fed will announce the outcome of its policy meeting and release its latest economic projections at 2 p.m. ET (1800 GMT), followed by a news conference by Chair Janet Yellen at 2:30 p.m
World stocks at three-week highs as Fed decision looms | Reuters
Fp Archives • 10 years agoLONDON World stocks inched to a three-week high and the dollar drifted lower on Thursday before the Federal Reserve announces whether it will raise U.S.
Oil slips as Japan data outweighs U.S. stock draw | Reuters
Fp Archives • 10 years agoLONDON Oil prices fell on Thursday after weak Japanese data sounded alarm bells over the prospects for global growth, outweighing the bullish impact of a bigger-than-expected decline in U.S.
India aims for 8-10 pct 'non-inflationary' GDP growth - Jayant Sinha | Reuters
Fp Archives • 10 years agoNEW DELHI The government is aiming for an 8-10 percent annual economic growth through supply-side measures to increase the capacity of Asia's third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.
HP rises as investors take positive view of cash return plans | Reuters
Fp Archives • 10 years agoShares of Hewlett-Packard Co ( HPQ.N ) rose as much as 5 percent on Wednesday as investors cheered plans for the company's soon-to-be separated but struggling PC and printer business to return more capital to shareholders than many had expected. HP, which has struggled for years in a declining PC market, also said it would cut up to 33,300 jobs over the next three years, mostly in its enterprise business.
Warning shots heard near Burkina presidential palace - witnesses | Reuters
Fp Archives • 10 years agoOUAGADOUGOU Soldiers fired warning shots outside Burkina Faso's presidential palace on Wednesday as hundreds of people gathered to protest the detention of government leaders inside by the elite presidential guard, witnesses said. The warning shots, fired by unidentified soldiers as night fell on the capital, caused the crowd to retreat slightly but not to disperse