Jan 29, 2016

Japan power use drops to 17-year-low amid slower economic growth

Power usage in Japan dropped last year to the lowest level since 1998 as households and businesses conserved electricity amid a stagnant economy and shrinking population. The country consumed 806.03 terawatt-hours of electricity from Japan’s 10 regional power utilities, down 2.7 percent from 2014, ...

Albeit modest, Fed hikes rates from historic near-zero

Dec 17, 2015

Albeit modest, Fed hikes rates from historic near-zero

The Federal Reserve is raising interest rates after seven years of record lows. But it’s signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises. The Fed’s move Wednesday to lift its key rate by ...

Apr 9, 2015

Switzerland expands negative-yield universe at bond auction

In a world where paying for the privilege of lending to creditworthy nations has lost its stigma, Switzerland is breaking the most ground. The nation on Wednesday became the first to sell 10-year bonds via auction at a negative yield, meaning investors who acquired ...

Oct 9, 2014

Dovish Fed minutes reveal global slowdown worries

Federal Reserve officials stressed “patience” in waiting to raise interest rates, worrying about weaker foreign economic growth and the stronger dollar, minutes of their September policy meeting showed Wednesday. Participants at the Federal Open Market Committee meeting discussed their concerns about the stronger dollar ...