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.
Saturday, May 5, 2012
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.
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