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Signs of weakness mar UK economic growth

Signs of weakness mar UK economic growth

Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising...
Olesya Dmitracova and William Schomberg, Reuters
Posted on 5-23-2013 at 8:31 AM
ECB seeks new tools while Fed toys with exit

ECB seeks new tools while Fed toys with exit

The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting...
Leigh Thomas and Jason Lange, Reuters
Posted on 5-23-2013 at 8:21 AM
Sadiq Adatiaplay

Nikkei plunge temporary, won't derail Abenomics

The biggest plunge in Japanese stock prices since a 2011 earthquake and tsunami was a temporary pullback that will not derail the government's "Abenomics" policy of loose money and fiscal...
Tetsushi Kajimoto, Reuters
Posted on 5-23-2013 at 8:15 AM
Kristine Owram reportsplay

U.S. House votes to force approval of Keystone

The U.S. House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil...
Ros Krasny, Reuters
Posted on 5-23-2013 at 8:09 AM
China factory activity shrinks in May

China factory activity shrinks in May

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has...
Aileen Wang and Koh Gui Qing, Reuters
Posted on 5-23-2013 at 7:56 AM
Rick Bensignor, Head of Trading Strategy, Wells Fargo Securities play

Global markets rattled by weak Chinese data, Fed

World markets fell sharply as investors piled back into safer assets, unnerved by unexpected weakness in China's economy and signals that the U.S. central bank may scale back stimulus....
Richard Hubbard, Reuters
Posted on 5-23-2013 at 7:22 AM
Brian Klock, senior vice president, Keefe Bruyette & Woodsplay

TD Bank profit rises despite sluggish housing growth

Toronto-Dominion Bank reported a 2-percent increase in quarterly earnings as higher trading, business lending and U.S. banking income offset slowing loan growth in its core Canadian market.
Cameron French, Reuters
Posted on 5-23-2013 at 7:08 AM
TSX edges up as Fed talk buoys golds, drags banks

TSX edges up as Fed talk buoys golds, drags banks

The country's main stock index climbed on Wednesday, led by gold miners, after a day of choppy trading as optimism that the U.S. Federal Reserve will keep its easy money policy in place for...
John Tilak, Reuters
Posted on 5-22-2013 at 6:29 PM

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