Wednesday, May 14, 2014

Saudi Arabia’s Oil Minister Ali al-Naimi Says His Country Will Supply More Oil If Ukraine Crisis Creates Shortage

Saudi Arabia, the world’s largest producer and exporter of oil, on Monday sought to reassure markets by stating that it is willing to increase the supply of crude if the ongoing crisis in eastern Ukraine created a shortage.

Tuesday, May 13, 2014

Japan Shows Resilience to Tax-Rise on Record Confidence Gain

Confidence in Japan’s economic outlook among taxi drivers and restaurant staff and other workers soared by a record in April, indicating the blow from last month’s sales-tax increase may be short-lived.

Monday, May 12, 2014

U.S. economic growth could top 3 percent in second quarter: Fed's Lockhart

(Reuters) - The U.S. economy could grow 3 percent or more in the second quarter of this year and the housing market is likely to pick up again after recent sluggishness, a U.S. Federal Reserve official said on Sunday.

Sunday, May 11, 2014

Portugal Q1 jobless rate falls for fourth consecutive quarter

LISBON: Portugal's jobless rate fell for the fourth consecutive quarter in the three months that ended in March, to 15.1 percent from 15.3 percent in the previous quarter, data showed on Friday.

Saturday, May 10, 2014

Yen at 85 Seen by Tokai Predicting BOJ Policy Miss: Japan Credit

The Bank of Japan’s failure to achieve its inflation target will see the yen rebound to the highest since 2012, reversing the results of its unprecedented stimulus, according to Tokai Tokyo Securities Co.

Friday, May 09, 2014

Aliko Dangote to invest $2.3bn in north Nigeria

Nigerian businessman Aliko Dangote has said that he will invest $2.3bn (£1.35bn) in sugar and rice production in the north of the country.

Thursday, May 08, 2014

Lloyd's calls on insurers to take into account climate-change risk

Lloyd's of London, the world's oldest and biggest insurance market, has for the first time called on insurers to incorporate climate change into their models.