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    May 24, 2013 |Story| Los Angeles Times
  1. Wall St. bucks global slump

    NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe.
    NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe. It all started in Asia. Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy,...

    Tags: Credit Ratings, Unemployment Benefits, Japan, Ben Bernanke, Stock Market

  2. May 23, 2013 |Story| Reuters
  3. Asian stocks shaky, Nikkei still seen vulnerable

    Reuters
    SYDNEY (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are still spooked by...

    Tags: International Organizations, White House, Real Estate Buyers, G20, National Australia Bank Limited

  4. May 23, 2013 |Story| Reuters
  5. Yuan hits new high after record midpoint fixing

    Reuters
    * PBOC sets midpoint at record high despite dollar strength * Traders see sign of faster pace for currency reforms * Yuan value seen more tied to dollar supply/demand By Lu Jianxin and Pete Sweeney SHANGHAI, May 24 (Reuters) - The central bank fixed a...

    Tags: Finance, Foreign Exchange Market, China, Economy, Business and Finance, Federal Reserve

  6. May 23, 2013 |Story| Reuters
  7. German consumers more likely to spend - GfK

    Reuters
    * Index reaches 6.5 in June, highest since Sept 2007 * Income expectations gain amid industry's hefty wage deal * ECB seen behind historic low propensity to save money By Christiaan Hetzner BERLIN, May 24 (Reuters) - Higher real wages have German...

    Tags: Science and Technology, Siemens, Germany, Economy, Business and Finance, European Central Bank

  8. May 23, 2013 |Story| Reuters
  9. ECB can't solve euro zone crisis alone: Weidmann

    Reuters
    PARIS (Reuters) - Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools. Speaking in Paris,...

    Tags: Public Finance, Japan, Foreign Exchange Market, Economy, Business and Finance, Ben Bernanke

  10. May 23, 2013 |Story| AP Broadcast
  11. Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.

    AP Business Writer
    WASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery....

    Tags: Mortgages, Credit Ratings, Freddie Mac, Finance, Real Estate

  12. May 23, 2013 |Story| Reuters
  13. U.S.-based Japanese stock funds up $1.5 billion in record inflow streak: Lipper

    Reuters
    NEW YORK (Reuters) - Investors in funds based in the United States poured $1.51 billion into Japanese stock funds in the latest week, marking the longest streak of weekly inflows into the funds on record, data from Thomson Reuters' Lipper service showed...

    Tags: Japan, Personal Finance, Economy, Business and Finance, Ben Bernanke, Stock Market

  14. May 23, 2013 |Story| Reuters
  15. Jobs, housing data show economy has some muscle

    Reuters
    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington. The improving employment picture is helping to prop up housing,...

    Tags: Economic Indicator, Public Finance, Unemployment, Federal Reserve, Unemployment Benefits

  16. May 23, 2013 |Story| Reuters
  17. Dollar recovers from two-week low versus yen, focus on Nikkei

    Reuters
    TOKYO (Reuters) - The dollar recovered from two-week lows against the yen on Friday as a safety-bid for the Japanese currency ebbed after the Nikkei share average rebounded from the previous day's 7.3-percent plunge and Wall Street regained some stability...

    Tags: White House, International Organizations, Real Estate Buyers, G20, Unemployment

  18. May 23, 2013 |Story| Reuters
  19. Myanmar's kyat currency slumps as imports flood in

    Reuters
    By Aung Hla Tun and Jared Ferrie YANGON, May 24 (Reuters) - Myanmar's currency has plunged more than 7 percent over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia's newest democracy. The...

    Tags: International Organizations, Foreign Exchange Market, Burma, Electronics, Exports

  20. May 23, 2013 |Story| Reuters
  21. Nikkei recoups some of Thursday's 7.3 percent dive, bull run seen intact

    Reuters
    TOKYO (Reuters) - The Nikkei share average regained ground on Friday after a 7.3-percent dive in the previous session, which most market watchers said marked a long-overdue correction and didn't presage the end of a remarkable six-month bull-run....

    Tags: Japan, Mitsubishi UFJ Financial Group Incorporated, Tokyo (Japan), Finance, Toyota Motor Corp.

  22. May 23, 2013 |Story| Reuters
  23. Special Report: The deeper agenda behind "Abenomics"

    Reuters
    TOKYO (Reuters) - When ill health and political gridlock forced Shinzo Abe to quit after one dismal year as Japan's prime minister, his pride was dented and his self-confidence battered. One thing, however, was intact: his commitment to a controversial...

    Tags: Polls, Japan, Culture, Photography and Video, Ulcerative Colitis

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