economic data
US Reports Lower New Home Sales for Third Consecutive Month
| Rina S. | | Apr 26, 2016 10:38 AM EDT |
US reported 1.5 percent decline in its new home purchase in the month of March. According to data released by the Commerce Department, new home sales for the month stood at 511,000, down from 519,000 in February.
China: The New Global Economic Power?
| Darlene Tverdohleb | | Sep 18, 2015 09:09 AM EDT |
China showed the latest sign that it has arrived to the global economic power, which upsets the financial markets enough to nudge the Federal Reserve away from the raising interests.
China to Wait For Q4 Data Before Cutting Rates Again
| Michael A. Katz | | Nov 25, 2014 10:13 AM EST |
The People's Bank of China, which unexpectedly cut rates last week, says it will wait until economic data for the fourth quarter is released before deciding on whether to cut rates further.
Asian Stocks Continue to Fall as Hong Kong Protests Make the U.S. Dollar Shine
| Staff Reporter | | Sep 30, 2014 05:43 AM EDT |
Stock markets for global equity appeared to fall on Monday as Wall Street found itself affected by Hong Kong's destructive police baton charges and violent tear gas exchanges with pro-democracy protesters.
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