HERE are 11 things making news in business and finance around the world today.
1. SYDNEY — The Australian dollar has fallen in overnight trade after the US dollar strengthened following upbeat economic news out of the US and Europe. At 0630 AEST on Wednesday, the local unit was trading at 79.17 US cents, down from 79.97 US cents on Tuesday.
2. SYDNEY — And the Australian stock market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623.
3. WASHINGTON — US new home construction jumped to its strongest pace in more than seven years in April, leaving behind the winter slowdown.
4. FRANKFURT — The European Central Bank plans to temporarily ramp up its program of bond purchases in May and June to take into account the usual summer lull on the financial markets, executive board member Benoit Coeure says.
5. LONDON — Britain’s annual inflation rate sank into
negative territory in April for the first time in move than half a
century, official data shows.
6. SINGAPORE — Prospective founding members of the China-led Asian Infrastructure Investment Bank will hold a three-day meeting in Singapore this week to discuss policies, the city-state’s finance ministry says.
7. NEW YORK — Retail giant Wal-Mart Stores has reported lower quarterly profits, citing the impact of higher costs, including the wage hike for US staff.
8. WASHINGTON — Japanese auto parts maker Takata will double the recall of US cars using its faulty airbags to a record nearly 34 million vehicles.
9. BRUSSELS — The European Commission has cleared Orange’s 3.4 billion euro ($A4.81 billion) acquisition of Spanish telecom Jazztel after the giant French firm agreed to steps to ensure the takeover does not hurt competition.
10. BRASILIA — Chinese Premier Li Keqiang and Brazilian President Dilma Rousseff have inked a series of trade and investment deals worth billions of dollars, officials say.
11. FRANKFURT — The European Central Bank plans to temporarily ramp up its program of bond purchases in May and June to take into account the usual summer lull on the financial markets, executive board member Benoit Coeure says.
 |
| China's Premier Li Keqiang, right, attends a welcome ceremony at the Planalto presidential palace, in Brasilia, Brazil, Tuesday, May 19, 2015. Brazil is Li's first stop on his four-nation South American tour that includes Chile, Peru and Colombia. |
1. SYDNEY — The Australian dollar has fallen in overnight trade after the US dollar strengthened following upbeat economic news out of the US and Europe. At 0630 AEST on Wednesday, the local unit was trading at 79.17 US cents, down from 79.97 US cents on Tuesday.
2. SYDNEY — And the Australian stock market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623.
3. WASHINGTON — US new home construction jumped to its strongest pace in more than seven years in April, leaving behind the winter slowdown.
4. FRANKFURT — The European Central Bank plans to temporarily ramp up its program of bond purchases in May and June to take into account the usual summer lull on the financial markets, executive board member Benoit Coeure says.
6. SINGAPORE — Prospective founding members of the China-led Asian Infrastructure Investment Bank will hold a three-day meeting in Singapore this week to discuss policies, the city-state’s finance ministry says.
7. NEW YORK — Retail giant Wal-Mart Stores has reported lower quarterly profits, citing the impact of higher costs, including the wage hike for US staff.
8. WASHINGTON — Japanese auto parts maker Takata will double the recall of US cars using its faulty airbags to a record nearly 34 million vehicles.
9. BRUSSELS — The European Commission has cleared Orange’s 3.4 billion euro ($A4.81 billion) acquisition of Spanish telecom Jazztel after the giant French firm agreed to steps to ensure the takeover does not hurt competition.
10. BRASILIA — Chinese Premier Li Keqiang and Brazilian President Dilma Rousseff have inked a series of trade and investment deals worth billions of dollars, officials say.
11. FRANKFURT — The European Central Bank plans to temporarily ramp up its program of bond purchases in May and June to take into account the usual summer lull on the financial markets, executive board member Benoit Coeure says.
No comments:
Post a Comment