Global Shares Muted as Markets Search for Direction
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Global stocks struggled to find a direction, with some investors taking profit ahead of the U.K. election and Federal Reserve meeting in June.
European Firms Grow Frustrated With China, Despite Improved Sales
A majority of European companies operating in China saw their business improve last year despite growing frustration over operating impediments in the world's second-largest economy, according to a survey.
China Gauge of Factory Activity Holds Steady in May
The official manufacturing purchasing managers index was unchanged from April's 51.2, an indication of firmness in the world's second-largest economy.
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Japan Industrial Output Posts Largest Gain Since 2011
Japanese industrial production rose 4.0% on month in April, government data showed Wednesday, posting the biggest jump in nearly six years. Output of cars and semiconductor production equipment buoyed the figures.
RBNZ Says Risks to Country's Financial System Reduced
New Zealand's central bank says risks to the country's financial system have reduced in the past six months, even if global political and policy uncertainty remains elevated.
EU Plan May Revive Asset-Backed Securities Market
The European Union has agreed on new measures to revive the region's asset backed securities market while imposing rules on the industry to minimize risk-taking.
Years After Crisis, Ireland Begins AIB Privatization
The Irish government Tuesday announced it would sell a quarter of its stake in Allied Irish Banks PLC in what is expected to be one of the biggest European bank listings of the last decade.
Analysis: For Fed, Brainard's Inflation Anxiety Could Define Next Stage of Policy Debate
Federal Reserve governor Lael Brainard may have given her blessing to a June interest-rate rise in remarks Tuesday, but she also put down a marker for what may become a significant disagreement between policy makers later this year.
Fed's Brainard Says Rate Rise Likely Soon, But Anxious About Inflation
Federal Reserve governor Lael Brainard said it likely will be time to raise short-term interest rates again soon, but that the central bank's monetary policy plans for later in the year could be called into question if inflation doesn't pick up.
Dallas Fed: Texas Manufacturing Activity Hits Three-Year High
Manufacturing activity across Texas rose at a faster pace in May, with a key metric reaching its highest level in three years and sentiment regarding future business conditions rising, according to a report Tuesday.
(END) Dow Jones Newswires
May 31, 2017 03:15 ET (07:15 GMT)