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Economics


2012-03-07 09:42:31

The Australian central bank’s threshold for intervening to temper gains in the local dollar is “quite high” as officials monitor the impact of a stronger currency on the labor market, Deputy Governor Philip Lowe said.
 

2012-03-07 09:41:43

Asia-Pacific central banks will probably hold off on adding monetary stimulus this week as higher oil prices combine with diminishing concern of a euro- region meltdown to make the case for preserving firepower.
 

2012-03-02 10:02:58

Federal Reserve Chairman Ben S. Bernanke defended the central bank’s expansive monetary policy, telling a Senate hearing that it helped create jobs and stabilize prices.
 

2012-03-02 10:01:56

Japan’s consumer prices fell for a fourth month, indicating the Bank of Japan (8301) may need to do more to counter deflation after expanding monetary easing.
 

2012-03-02 10:00:59

European leaders agreed to provide capital faster for the planned permanent bailout fund in a concession to international pressure to strengthen the bloc’s defenses against the debt crisis.
 

2012-03-02 10:00:02

Japan’s government will make two appointments to the central bank’s nine-member board in coming weeks, giving the administration scope to affect monetary policymaking as politicians press for greater stimulus.
 

2012-03-01 09:41:51

Federal Reserve Chairman Ben S. Bernanke said the central bank and other regulators won’t meet a July deadline to complete work on the so-called Volcker rule limiting proprietary trading at banks.
 

2012-03-01 09:39:37

Japanese companies’ capital spending jumped by the most in almost five years in the fourth quarter, adding to signs that the world’s third-biggest economy is set to return to growth.
 

2012-03-01 09:38:44

The Federal Reserve said the U.S. economy expanded at a “modest to moderate pace” in January and early February as factories increased production.
 

2012-03-01 09:37:49

China’s manufacturing improved for a third straight month in February, signaling the world’s second- biggest economy is maintaining momentum amid Europe’s debt crisis and a cooling domestic property market.
 

2012-02-27 13:09:29

New Zealand unexpectedly posted a trade deficit in January as exports fell and an airline imported a large aircraft, weakening the local currency.
 

2012-02-27 13:08:38

Bank of Japan Governor Masaaki Shirakawa’s inflation goal is succeeding where record intervention failed, as the yen heads for its steepest monthly drop in two years.
 

2012-02-27 13:07:52

The richest 70 members of China’s legislature added more to their wealth last year than the combined net worth of all 535 members of the U.S. Congress, the president and his Cabinet, and the nine Supreme Court justices.
 

2012-02-27 10:15:15

Germany was left to dig deeper to combat the euro-area debt crisis after the Group of 20 nations told Europe to come up with more financial firepower before they consider lending outside support.
 

2012-02-24 11:07:44

Barrick Gold Corp. (ABX) and Goldcorp Inc. (G), the world’s largest producers of the metal, are poised to outperform bullion after gold-mining companies fell to their cheapest in at least a decade, executives said.
 

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