Saturday, May 5, 2012

Federal Reserve officials at odds on jobs view

SANTA BARBARA, California (Reuters) - The economy will likely grow at a moderate pace, inflation will stay low, and unemployment will fall, three top U.S. Federal Reserve officials on Thursday said in remarks prepared for delivery to an economic outlook summit.

Friday, May 4, 2012

x-JPMorgan Asia-Pacific Stock Derivatives Head Plans Hedge Fund

William Lee, who led JPMorgan Chase & Co. (JPM)’s Asia-Pacific equity derivatives business, plans to start his own hedge fund this year that will exploit mispricing in the region’s derivative markets and broad economic trends.

Thursday, May 3, 2012

Huge China trade hub planned for Irish countryside

DUBLIN (Reuters) - Ireland gave phase one of a huge Chinese trading hub planning permission on Tuesday, paving the way for what would be one of the biggest developments in the struggling euro zone country.

Wednesday, May 2, 2012

China PMI at 13-month high, UK's slips signalling longer recession

BEIJING/LONDON: China's official purchasing managers' index (PMI) rose to a 13-month high in April, signalling the economy has found a footing and may be recovering from a first-quarter trough, but smaller factories are still struggling.

Tuesday, May 1, 2012

Euro on pace for worst month against dollar since December

NEW YORK: The euro slid against the dollar on Monday and was on track for its worst month since December, pressured by nagging euro zone stresses as German retail sales were softer than expected and Spain slipped back into recession.