The annual consumer price index for the U.K. resumed its downward trend in April. The measure rose 0.6% m/m and 3% y/y, down from 3.5% in March. Easing global oil prices were the key downward pressure and will remain so in May. The annual inflation rate will continue to come ...

Since the company announced May 10 that it lost billions on a bad trade, the JPMorgan (NYSE: JPM) stock price has dropped about 20%. And it may have more to go. CNN Money reported on Monday afternoon that the trading losses are closer to a range of $6 billion ...

Oil prices continued their downward trend during most of last week. During the upcoming week there are several reports and publications that may affect the oil market including the U.S core durable goods, new and existing home sales reports and U.S jobless claims.

German house prices rose 5.8% y/y in April, following a 5.8% y/y increase in March. However, prices for new homes actually declined 0.3% in month to month terms. Germany is already affected by the sovereign debt crisis, and we expect weaker economic growth in the near future despite positive ...

(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading. The stock stayed above the ...

WEIFANG, China (Reuters) - The Chinese official was adamant the city of Weifang would keep its rayon factory open, noting that local authorities had just stepped in to help the plant's owner repay $60 million in commercial paper. The bailout averted what would have been China's first ever bond default ...

In what was one of the most highly anticipated initial public offerings in history, Facebook (Nasdaq: FB) finally made its debut among much fanfare and frenzy Friday. But the Facebook stock price failed to soar as high as the hype. While not exactly a dud, the intro was ...

Russian producer prices rose 0.6% m/m and 6.7% y/y in April, after rising 2.1% m/m and 7.4% y/y in March. Prices in mining and quarrying led producer price acceleration, while price growth in manufacturing eased. Elevated oil prices are a near-term upward pressure, while producer prices are expected to ease ...

The 12-month rate of consumer price inflation edged up to 2.0% in April, from 1.9% in March. Transportation costs continue to show the fastest growth from a year ago, although a slower rate of growth in energy prices since April of last year slowed the rate of inflation in both ...

German annual producer price growth slowed to 2.4% in April from 3.3% in the previous month. In month-ago terms, prices increased 0.2%, after they rose 0.6% in March. German producer price growth is likely to ease on weaker demand in the coming months. Firms' ability to push costs through to ...