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GLOBAL MARKETS-Asian stocks inspired by Wall St rally, U.S. data
Reuters* Asian shares follow Wall St rally after upbeat US jobs data * Analysts still see Fed maintaining aggressive easing programme * Commodities also strong, copper eyed after surge By Ian Chua SYDNEY, May 6 (Reuters) - Asian stocks rose on Monday as...Tags: Japan, Economy, Business and Finance, Australia, Finance, Federal Reserve
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GLOBAL MARKETS-Asian stocks spurred higher by U.S. data; Aussie falters
Reuters* Asian shares follow Wall St rally after upbeat US jobs data * Commodities also strong, copper eyed after surge * Malaysian stocks, currency up after incumbent wins election * Aussie falters as monthly retail sales disappoints By Ian Chua and Vidya...Tags: National Government, Economy, Business and Finance, Government, Elections, Finance
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PREVIEW-Stalemated world trade body nears choice for new leader
Reuters* Both candidates are from Latin America * While WTO deadlocked, bilateral deals predominate * Group risks falling into "irrelevance", expert says By Tom Miles GENEVA, May 5 (Reuters) - The World Trade Organization has overseen a 12-year stalemate...Tags: Trade Dispute, Doha (Qatar), World Trade Organization, National Government, International Organizations
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U.S. judge blocks $383 mln arbitration case against Citigroup
ReutersBy Nate Raymond NEW YORK, May 3 (Reuters) - Citigroup Inc has won an injunction blocking a $383 million arbitration case filed by a Saudi Arabian investor who accused the bank of "virtually wiping out" his family's wealth. U.S. District Judge Louis...Tags: Trials, Deutsche Bank AG, Economy, Business and Finance, Saudi Arabia, Financial Markets
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Asia to rely increasingly on food imports from West-Czarnikow
Reuters* Indonesia, China are biggest raw sugar markets * Land availability in Asia seen limited * Sugar demand growth driven by low income consumers LONDON, May 3 (Reuters) - Asia will become increasingly dependent on food imports from the West to support...Tags: Consumers, China, Asia, Indonesia, Brazil
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INVESTMENT FOCUS-Inflation angst evaporates in race for returns
ReutersBy Mike Dolan LONDON, May 3 (Reuters) - For all the trillions of dollars-worth in new money that central banks are printing, financial markets seem to be signalling that fears of rampant global inflation are unfounded. Over the past month, investors...Tags: Bonds, Economy, Business and Finance, Market and Exchange, Finance, Legal & General Group Plc
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Court jails supporters of black-clad Egypt protest group
ReutersCAIRO, May 2 (Reuters) - Six men were jailed by a Cairo court on Thursday in the first ruling against a little-known group opposed to Islamist President Mohamed Mursi that the government has accused of participating in "terrorist acts". State security...Tags: Mohamed Morsi, Prosecution, Egypt, Suez Canal, Cairo (Egypt)
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ANALYSIS-Doubling U.S. exports remains a distant dream for Obama
ReutersBy Jason Lange WASHINGTON, May 2 (Reuters) - U.S. President Barack Obama reminded the world on Thursday of the lofty goal set early in his presidency to double American exports over five years. It looks like he won't deliver. Trade data published...Tags: Washington, DC, U.S. Congress, Money and Monetary Policy, European Central Bank, Trade Policy
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GLOBAL ECONOMY-Struggling factories underline fragility of world growth
Reuters* Global manufacturing growth stumbled in April * PMIs add to string of weak data * Data likely added to expectations for ECB rate cut By Jonathan Cable and Langi Chiang LONDON/BEIJING, May 2 (Reuters) - Manufacturing across the world stumbled last...Tags: Central Bank, Economy, Business and Finance, Japan, China, Market and Exchange
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GLOBAL MARKETS-Euro, shares climb after ECB cut, Draghi awaited
Reuters* ECB cuts rates 25 bps as expected * Euro hits new 2-month high, European shares firm * Wall Street expected to edge higher * Oil rebounds back to $100 a barrel By Marc Jones LONDON, May 2 (Reuters) - The euro and European shares rose on Thursday...Tags: Bonds, BNP Paribas, Economy, Business and Finance, Market and Exchange, Italy
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Transcript: Obama's remarks on Pritzker nomination
Here's a transcript of President Barack Obama's remarks this morning in nominating Penny Pritzker as Commerce secretary and Mike Froman as a U.S. trade representative: THE PRESIDENT: Thank you. (Applause.) Good morning, everybody. Please have a...
Tags: Elections, Panama, Penny Pritzker, G8, White House
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GLOBAL MARKETS-Shares soft ahead of ECB decision
Reuters* ECB rate decision eyed, markets expect 25 bps cut * Euro off 2-month high, Dollar vulnerable after weak data * Worry about weak China demand hits Shanghai copper * European shares dip By Marc Jones LONDON, May 2 (Reuters) - European shares eased on...Tags: Bonds, BNP Paribas, Economy, Business and Finance, Italy, Market and Exchange
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