Fed may keep policy unchanged until 2017

Note: This section contains information in English only.
Source: Reuters
The U.S. Federal Reserve is likely to maintain its current monetary policy and the level of quantitative easing unchanged until the second half of 2015 and it should keep the level of borrowing costs below normal levels into 2017, John William from the San Francisco Federal Reserve said on Thursday. The Fed's official also said that the rates should maintain below a level of 3% until 2016.

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Thu, 03 Apr 2014 09:19:04 GMT

U.S. factory new orders rebound in February

Manufacturing new orders in the world's largest economy rebounded surprisingly in February following a series of drops in the previous months, a report released by the Commerce Department showed on Thursday. According to the report, the U.S. new orders in a factory sector gained 1.6% in February after slipping by 1.0% and 2.0% in January and December respectively.

Thu, 03 Apr 2014 08:57:09 GMT

Asian shares climb as risk appetite improves

The majority of Asian stocks increased on Thursday session with the gauge measuring performance of the equities traded near the highest level in almost a month as risk appetite of investors boosted after U.S. data showed an improvement in local economy. The MSCI Asia-Pacific index outside Japan rose 0.1% and the Nikkei 225 benchmark index jumped 1.2%.

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