Hopes Of Agreement Between Democrats and Republican Lawmakers On Short-Term Increase To Debt Ceiling Pushes Stock Futures Up
Investors hope for respite from the debt ceiling impasse as lawmakers consider a short-term solution.
Japan Consumer Confidence Index In September Posts First Gain In 4 Months; Beats Expectations
The household consumer confidence index for September beat expectations.
UPDATE: Libyan Prime Minister Kidnapped From Hotel By Revolutionary Group On Thursday Morning Has Been Freed
Ali Zeidan's kidnapping was reportedly triggered by an erroneous arrest warrant that the interim government denied knowledge of.
Breaking: Libyan Prime Minister Ali Zeidan Kidnapped By Unidentified Gunmen
Libyan Prime Minister Ali Zeidan was kidnapped early Thursday, the country's interim government has confirmed.
UK Industrial Production, Trade Data Disappoint; German Industrial Production Records Surprise Expansion In August
Analysts view weak British industry data as a temporary blip while short-term prospects for German industry are seen to be positive.
Reports Of President Obama Nominating Janet Yellen As Fed's New Chairman Lift Investor Sentiment; FOMC Minutes Awaited
News of Janet Yellen's nomination for the Fed leadership has offset anxiety over the shutdown and the debt ceiling crisis.
India Trade Deficit Narrows To 18-Month Low; Imports Fall Most In 4 Years, Exports Rise
The reduction in the trade deficit after imports fell to a four-year low provided some respite to the domestic currency.
Wal-Mart, Bharti End Their India Joint Venture; Companies To Operate Independently
Wal-Mart and Bharti have decided to part ways and will operate independently in India's retail sector.
India's Car Sales Rose Marginally In September; Two-Wheeler Sales Rose Sharply
A once-booming industry has been laid low by a slowing economy, rising interest rates and fuel prices.
Continuing Government Shutdown, Impasse Over Debt Ceiling Keep Investors Guessing; FOMC Minutes Awaited
The continuing Washington gridlock over the federal budget and the debt ceiling is keeping markets subdued.
Germany's Foreign Trade Surplus Rose, While French Trade Deficit Narrowed In August, Beating Expectations
Both Germany and France recorded better-than-expected trade balance reports for August 2013.
Alcatel-Lucent To Cut 15,000 Jobs Worldwide
While Germany and France will be most hit by the decision, the company also plans to create 5,000 new jobs in growth areas worldwide.
Belgium's Solvay To Buy US Oil & Gas Chemical Maker Chemlogics For $1.35B
The all-cash deal is expected to be completed by the end of the year.
Prolonged Government Shutdown, Looming Debt Ceiling Crisis Weigh On US Stock Futures
Investors are becoming increasing concerned that the US government will default on its debt, due to DC gridlock.
World Bank Cuts Economic Growth Outlook For East Asian Developing Economies Including China; Says Abenomics May Offset Impact Of US Tapering
The bank cited slow growth in China, falling investments, and risks and uncertainties associated with U.S. monetary policy for its decision.
US Government Shutdown Hits Free Trade Pact Talks With EU
Talks about the free-trade deal between the EU and the U.S. were postponed due to the partial government shutdown.
Iran’s Khamenei Offers Broad Support To Rouhani's Diplomatic Efforts But Criticizes 'Some' Aspects Of His UN Trip
Iran's Ayatollah Ali Khamenei criticized certain aspects of Iran President Hassan Rouhani's New York Visit.
China, Malaysia To Boost Defense Economic Ties As Domestic Crises In US Could Mean A Lost Opportunity In The Region
The two countries will work together in a variety of sectors including defense, science, education, technology and finance.
US Stock Futures Point To Higher Open As Reports Suggest House Speaker John Boehner Is Open To Working With Democrats To Resolve Debt Celing Crisis
Reports about the House Speaker being open to working with Democrats to raise the debt ceiling could push U.S. stocks up.
Indian Government Approves Jet Airways - Etihad Airways Stake Sale Deal; Jet Shares Surge
Etihad is the first foreign carrier to gain official approval to enter India's troubled airline industry after norms were relaxed.
World Population To Increase To 9.7B By 2050; India Will Overtake China As Most Populous Nation: New Study
World population will increase to 9.7 billion from the current 7.1 billion; India will be the largest nation, a new study predicted.
China Issues New Travel Guidelines To Its People To Curb Unruly Behavior While Traveling Abroad
The guidelines include no spitting in the street, no shouting in public places and no footprints on toilet seats.
US Stock Futures Point To Lower Open As Partial Government Shutdown, Debt Ceiling Crisis Worries Markets
Stocks are expected to open weak as the government shutdown enters its second day, with the 2 parties far apart.
Shinzo Abe Targets Corporate Tax Cut After Delivering Sales Tax Hike And A $50B Stimulus Package To Offset Its Impact On Economic Growth
The prime minister's moves are part of his overall drive to jump-start the nation's long-suffering economy.
Euro Zone Manufacturing PMI In Line With Flash Estimates; Unemployment Remains Unchanged
Manufacturing activity expanded at a modest rate in the euro zone while unemployment remained unchanged.
China Official PMI Edges Up to 51.1 In September; Misses Expectations
China's manufacturing sector expands modestly in September, indicating that measures to prop up domestic demand are yielding results, official PMI data showed.
Euro Zone Inflation Hits 3.5-Year Low In September; Could Prompt ECB To Maintain Ultra-Loose Monetary Policy
The unexpected fall cast doubt on the region's recovery and all but ensures an extension of the ECB's ultra-loose monetary policy.
US Stock Futures Point To Lower Open As Investors Worry About Likely Government Shutdown
Fears of a government shutdown, weakening inflation data in Europe and underperforming factories in China lowered investor sentiment.
Pakistan Qissa Khawani Bazaar Car Bomb Blast Kills 42
In recent months, Pakistan government's has attempted to launch peace talks with the Taliban, who denied responsibility for the attack.
China's Final Manufacturing PMI Edges Up In September Aided By Strong Exports, But Reading Falls Short Of Flash Estimate
Output in China's manufacturing sector improved and foreign demand increased for the first time in six months, in September.