The world economy is on the brink of a rare global recession, the World Bank said in a forecast released Tuesday, with world trade projected to fall next year for the first time since 1982 and capital flows to developing countries predicted to plunge 50 percent.
COPENHAGEN, April 30 - Shipping and oil heavyweight A.P. Moller-Maersk told its shareholders on Thursday that its outlook for the container shipping market this year was particularly dire. Maersk Chairman of the Board Michael Pram...
* Continued jobless claims post first fall since January * Philly Fed business index highest since September * Treasury to sell record $104 bln in 2Y, 5Y, 7Y notes (Updates market action, adds auction details)...
* Fed holds rates, says U.S. contraction slowing * Dollar hits session highs vs the yen, just shy of 98 * Dollar cuts losses vs euro as 10-year yields climb * Weak U.S. GDP to...
NEW YORK, April 3 - U.S. Treasury debt prices declined on Friday, extending Thursday's losses, after data showed job losses in March were not as massive as some traders had feared. The U.S. labor market...
* High-yielders up as risk aversion eases, but stocks down * IMF official: Worst slump since WWII could last to 2010 * Dollar seen rebounding broadly in coming sessions (Recasts, updates prices, adds comment, changes...
* Global stocks slump; S&P 500 slides below key 800 level * US dollar at 10-week high on eastern Europe warning * Oil falls more than 7.0 percent on demand concerns * Gold hits record...
NEW YORK, Feb 4 - U.S. Treasury debt prices slipped on Wednesday, as the government's hefty debt sale schedule and some less awful than expected data curbed investor appetite for bonds, briefly pushing up benchmark...
HUA HIN, Thailand, Oct 25 - The global economy has likely bottomed out but employment conditions are "dire" and stimulus is needed across Asia to spur domestic demand, Japan's prime minister said. "Prime Minister Hatoyama...
HUA HIN, Thailand, Oct 25 - The global economy has likely bottomed out but employment conditions are "dire" and stimulus is needed across Asia to spur domestic demand, Japan's prime minister said. "Prime Minister Hatoyama...