Economy

By Rae Wee SINGAPORE (Reuters) – The yen was on track for its best week against the dollar in four…

The focus in financial markets about interest-rate cuts is premature, Cleveland Federal Reserve President Loretta Mester said Thursday. Easing monetary…

The head of the House’s China committee is among the many people expressing outrage over Osama bin Laden’s defense of…

NEW YORK (Reuters) – U.S. bond giant Pacific Investment Management Company (PIMCO) said on Tuesday it favors bonds over other…

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran…

The numbers: Builder confidence fell in November for the fourth month in a row, in the face of weakening buyer…

SYDNEY (Reuters) – Australia said on Wednesday China could lift all its remaining trade blocks by next month as relations…

Mortgage rates fell for the third week in a row on the back of early signs that inflation is slowing.…

MEXICO CITY (Reuters) -Toymaker Lego will invest more than $200 million to expand its plant in the northern Mexican state…

Story developing. Stay tuned for updates. The numbers: Industrial production fell 0.6% in October, the Federal Reserve reported Thursday. The…