Last Updated: Friday, May 22, 2015, 18:54
The Fed`s preferred inflation measure, the personal consumption expenditures price index, rose 0.3 percent in March year-over-year, while the core PCE price index was up a modest 1.3 percent.
Last Updated: Friday, May 22, 2015, 09:11
The US Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its employment and inflation goals helping allay concerns over the economy`s recent weakness, current and former Fed officials say.
Last Updated: Tuesday, May 12, 2015, 23:54
With the US economy likely to reach full employment before year`s end and inflation on track to rise to the Federal Reserve`s target, the US central bank could raise interest rates as early as its June meeting, a top Fed official said on Tuesday.
Last Updated: Tuesday, May 12, 2015, 21:59
Economic growth appears to be flagging in the United States and continues to slow in China, while France and Italy are outperforming as the euro zone economy recovers, a monthly OECD measure showed on Tuesday.
Last Updated: Monday, May 11, 2015, 08:42
Shanghai added 0.60 percent, Hong Kong rose 0.74 percent, while Sydney added 0.10 percent and Seoul was 1.02 percent higher.
Last Updated: Friday, May 8, 2015, 10:13
Alibaba jumped 7.5% as sales rose 45% to $2.81 billion in the quarter ending March 31.
Last Updated: Friday, May 8, 2015, 09:17
Asian stock markets were broadly higher Friday after a rally on Wall Street with investors focused on a US jobs report that will supply more clues about the strength of the world`s top economy.
Last Updated: Thursday, May 7, 2015, 12:04
The dollar mostly strengthened against other Asia-Pacific currencies.
Last Updated: Tuesday, May 5, 2015, 18:59
The US trade deficit swelled in March to a six-year high on a surge in imports from the end of the West Coast port strike backed by the strong dollar.
Last Updated: Monday, May 4, 2015, 14:07
Gold edged up on Monday after three days of losses, but the metal wasn`t too far from a six-week low as investors continued to speculate on when the Federal Reserve might raise U.S. interest rates.
Last Updated: Thursday, April 30, 2015, 23:24
Wall Street was lower in midday trading on Thursday as Apple weighed on major indexes and investors digested a mixed batch of economic data.
Last Updated: Thursday, April 30, 2015, 10:50
Signs of cutbacks in US oil output, a key factor in the global supply glut that has driven prices to plunge by as much as 60 per cent since June last year, were also supporting prices.
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