US Inflation News
Market posts modest gains
31 July 2014 | 6:14 am
The Australian sharemarket squeezed higher on demand for defensives after solid US GDP data was offset by a kick-up in global borrowing costs.
Fed scales back stimulus, leaves rock-bottom rates
30 July 2014 | 11:07 pm
US Fed trims stimulus, notes economy strengthening
30 July 2014 | 9:00 pm
The Federal Reserve on Wednesday upgraded its assessment of the US economy, taking note of a decline in the jobless rate and signaling more comfort that inflation was moving up toward its target.
US growth rebounds strongly but Fed sticks to policy
30 July 2014 | 8:04 pm
The US economy rebounded vigorously in the second quarter, growing at a peppy 4.0 percent pace that erased the impact of the sharp winter contraction, the Commerce Department reported Wednesday. The initial estimate of second-quarter growth was far better than expected and showed solid recovery in private investment and consumer spending, especially on durable goods like cars and appliances. The ...
Comparing US Fed's views on inflation, job market
30 July 2014 | 7:02 pm
A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting June 17-18: JOB MARKET: Now: The Fed sees a better job market, but has added new qualifications: "Labor market conditions improved, with the unemployment rate declining further.
US travel ban on Venezuela officials
30 July 2014 | 4:06 pm
The US imposes travel restrictions on Venezuelan government officials it says are linked to human rights abuses during recent protests.
US economy grew at strong 4 percent rate in spring
30 July 2014 | 3:53 pm
WASHINGTON (AP) — After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.
US economic growth surges by 4%
30 July 2014 | 12:38 pm
The US economy grew by 4% in the second quarter, according to a preliminary reading by the US Department of Commerce, beating expectations.
US hits 3 Russian banks with sanctions
29 July 2014 | 8:22 pm
The US Treasury has announced sanctions on three Russian banks to press Moscow over rebels in Ukraine.
Smart Equities For Creeping US Inflation
3 July 2014 | 10:04 pm
Inflation in the US may be the investment topic of the moment. Whether inflation is merely a case of paranoia or actually raising its ugly head is yet to be seen. One thing looks certain – that the risk of disinflation is receding quickly while the Fed Reserve is readying itself to eventually meet factual or perceived inflation on the battle field of monetary policy. Consequently, investors ...
Also, check the US inflation reports and data at US Inflation.org.
World Inflation News
Profits shrink at Japan's 'megabanks'
31 July 2014 | 2:27 pm
Japan's top three banks on Thursday posted lower quarterly profits as the impact of last year's stock market surge faded. Mitsubishi UFJ, the country's biggest lender, saw its net profit slip about six percent to 240.5 billion yen ($2.4 billion) as revenue weakened in the three months through June. Rivals Mizuho Financial Group and Sumitomo Mitsui Financial Group saw bigger drops with their ...
Japan must hike sales taxes again to conquer debt: IMF
31 July 2014 | 1:43 pm
Japan must raise its sales tax again to conquer one of the world's heaviest public debt burdens, the International Monetary Fund said Thursday, as it called for deep economic reforms. The recommendations, ...
Japan's second-tier automakers say on track for record profits
31 July 2014 | 12:56 pm
* Mazda, Fuji Heavy's strong U.S. sales cover for Japan downturn * Mazda says focusing on profitability over volume * Mazda expects July Japan sales to drop 20 percent yoy * Subaru maker Fuji Heavy's operating profit margin at 13 pct (Recasts, adds Mazda executive quote, U.S. incentive figures)
Japan's smoking rate drops to record low
31 July 2014 | 6:45 am
Japan's smoking rate has dropped below 20 percent for the first time, according to a new survey, as a recent rise in cigarette prices helped to further discourage the habit. The proportion of adult smokers stood at 19.7 percent as of May, down 1.2 percentage points from a year earlier and the lowest rate since the survey started in 1965. The number of smokers in Japan stands at about 20.6 ...
Japan June Wages Rise Less Than Forecast in Risk to Spending
31 July 2014 | 3:10 am
Japan's wage growth slowed in June, highlighting the risk to consumer spending as inflation squeezes household budgets in the world's third-largest economy. Average overall monthly earnings rose 0.4 percent from a year earlier to 437,362 yen ($4,255) after a 0.6 percent gain in May, the labor ministry reported today, below the median forecast of 0.8 percent in a Bloomberg News survey of six ...
Japan practices amphibious landing in Hawaii
30 July 2014 | 2:09 pm
KANEOHE BAY, Hawaii (AP) — Japan has been practicing storming beaches with the U.S. and other countries in Hawaii this month. The amphibious landing exercises, which are relatively new to Japan's military, come as Tokyo tries to boost its ability to defend small islands it controls but China claims as its own.
Japan's All Nippon Airways swings back into the black
30 July 2014 | 7:40 am
Japan's All Nippon Airways (ANA) said Wednesday it had swung back to profitability in the three months to June, largely thanks to an expansion at Tokyo's second airport and changes to its pension plan. The upbeat results came a day after rival Japan Airlines said its quarterly earnings dived nearly 20 percent owing to higher fuel costs. A sharp decline in the yen has sent fuel prices surging for ...
Japan factory output logs sharpest drop since tsunami disaster
30 July 2014 | 7:06 am
Japan's factory output in June logged its sharpest fall since the 2011 earthquake-tsunami disaster, hit largely by drops in cars and industrial machine production, official data showed Wednesday. The lacklustre figures -- which come a day after separate data showed the labour market was tightening as consumer spending ticked up -- reflected the mixed picture for the world's number three economy ...
Japan June output falls at fastest pace since March 2011 quake
30 July 2014 | 4:44 am
Japan's June industrial output fell at the fastest rate since the earthquake and tsunami of March 2011 as companies slowed production to offset a build-up in inventories, clouding the outlook for the economy. The 3.3 percent month-on-month drop far exceeded the median 1.2 percent fall forecast in a Reuters poll of economists, and followed a 0.7 percent increase in May, data from the Ministry of ...
Japan, France agree on defence equipment cooperation
29 July 2014 | 7:47 pm
Japan and France on Tuesday agreed to enhance defence cooperation, including the joint development of military equipment, Japanese officials said.