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Jet Probably Crashed in Sea as U.S. Help Resisted, Lawmakers Say

Jet Probably Crashed in Sea as U.S. Help Resisted, Lawmakers Say | EconMatters | Scoop.it
A missing passenger jet “most likely” went down in the Indian Ocean, and authorities in Malaysia should stop resisting international help in finding out what happened on Malaysia Airlines Flight 370, U.S. lawmakers said today.
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China Joins ECB in Adding Stimulus as Fed Scales Back

China Joins ECB in Adding Stimulus as Fed Scales Back | EconMatters | Scoop.it
China’s central bank joined its European counterpart in boosting liquidity to address weakening growth, underscoring a divergence in direction among the world’s biggest economies as the U.S. reduces stimulus.
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FedEx to hike ground, express delivery rates

FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January.
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China Provides $81.4 Billion in Liquidity to Five Banks

China Provides $81.4 Billion in Liquidity to Five Banks | EconMatters | Scoop.it
China is providing 500 billion yuan ($81.4 billion) of liquidity to the country’s five biggest banks as Premier Li Keqiang steps up stimulus to support economic growth, Sina.com reported yesterday.
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Nigerian oil workers start strike, oil exports at risk - Oil | Platts News Article & Story

Nigerian oil workers start strike, oil exports at risk - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Scotland Is Crucible for U.K. Leaders Battling to Save Union

Scotland Is Crucible for U.K. Leaders Battling to Save Union | EconMatters | Scoop.it
Britain’s main party leaders are making their final pleas to Scots voters to keep the union whole, pledging unprecedented powers to head off independence they warn would estrange Scotland from the U.K. forever.
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Brent Oil Falls to 2-Year Low on Slower Chinese Growth

Brent Oil Falls to 2-Year Low on Slower Chinese Growth | EconMatters | Scoop.it
Brent crude declined to the lowest level in more than two years on concern slower economic growth in China will reduce demand. West Texas Intermediate also fell.
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Scots Breakup Risk Seen Delaying U.K. Action on Islamic State

Scots Breakup Risk Seen Delaying U.K. Action on Islamic State | EconMatters | Scoop.it
While David Cameron pledged today to take “whatever steps are necessary” to confront Islamic State after the beheading of a British hostage, no decisions are likely until after Scotland’s independence referendum.
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Yahoo to Reap More Than $8 Billion in Alibaba’s U.S. IPO

Yahoo to Reap More Than $8 Billion in Alibaba’s U.S. IPO | EconMatters | Scoop.it
After pouring about $1 billion nine years ago into Alibaba Group Holding Ltd., Yahoo! Inc. is set to reap a massive haul as the Chinese e-commerce company goes public: more than $8 billion.
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Boomer Wealth Dented by Mortgages Poses U.S. Risk

Boomer Wealth Dented by Mortgages Poses U.S. Risk | EconMatters | Scoop.it
Mortgage-burning parties in the U.S. may be going the way of home milk deliveries and polyester leisure suits.
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U.S. Top Guns in Darwin Combat Drills as China Tensions Rise

U.S. Top Guns in Darwin Combat Drills as China Tensions Rise | EconMatters | Scoop.it
In Australia’s remote top end U.S. fighter pilots are engaged in combat drills, while Marines sip beers at night in pubs in the tropical city of Darwin. Thousands of kilometers to the north, the U.S. finds itself in increasingly real standoffs with China’s air force.
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A 60% correction ahead? Two experts think so

A 60% correction ahead? Two experts think so | EconMatters | Scoop.it
The Fed's low interest rates could bring a "scary" 50-60 percent market correction, technical analyst Abigail Doolittle tells CNBC.
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Norway to Cut Oil-Production Forecasts as Costs Delay Projects

Norway to Cut Oil-Production Forecasts as Costs Delay Projects | EconMatters | Scoop.it
Norway, western Europe’s biggest oil producer, will probably cut its long-term forecast for crude production as companies reduce spending to counter rising costs and improve shareholder returns.
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Fed's Williams: Summer 2015 rate hike 'reasonable'

Fed's Williams: Summer 2015 rate hike 'reasonable' | EconMatters | Scoop.it
San Francisco Fed President Williams said hiking the benchmark interest rate in 2015 is a "reasonable guess" based on the current economic progress.
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China deploys new oil rig to drill in East China Sea

China deploys new oil rig to drill in East China Sea | EconMatters | Scoop.it
China has sent a new oil rig to explore the East China Sea, an area that includes waters disputed with Japan....
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China rig finds gas after Vietnam sea standoff

China rig finds gas after Vietnam sea standoff | EconMatters | Scoop.it
The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday.
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U.S. Stocks Rise While Oil Rallies as PBOC Adds Stimulus

U.S. Stocks Rise While Oil Rallies as PBOC Adds Stimulus | EconMatters | Scoop.it
U.S. stocks rose and commodities rallied on a report that China’s central bank is boosting stimulus measures. Treasuries advanced while the dollar fell on bets the Federal Reserve won’t be in a hurry to raise rates.
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OPEC's Badri sees oil prices rising again by year-end - Oil | Platts News Article & Story

OPEC's Badri sees oil prices rising again by year-end - Oil | Platts News Article & Story | EconMatters | Scoop.it
OPEC's Badri sees oil prices rising again by year-end - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Speculators Cut Gas Bets to 9-Month Low on Supply Growth

Speculators Cut Gas Bets to 9-Month Low on Supply Growth | EconMatters | Scoop.it
Hedge funds reduced bullish wagers on natural gas to the lowest level in more than nine months as U.S. shale production surges to an all-time high.
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Japanese actress Shirley Yamaguchi dies at 94

Japanese actress Shirley Yamaguchi dies at 94 | EconMatters | Scoop.it
Japanese actress and singer Yoshiko "Shirley" Yamaguchi, who was nearly executed in China at the end of World War II, has died at the age of 94 after a life as dramatic as any of her films. Yamaguchi, who was born to Japanese parents in pre-war Manchuria, where her father worked for the railway, entertained Chinese and Japanese audiences posing as a Chinese under her assumed identity Li Xianglan. The actress, who formally went by the surname of her late husband and diplomat Hiroshi Otaka, succumbed to heart failure at her home in Tokyo on September 7, her family said Sunday. "She watched various DVDs including movies and documentaries from other countries like China and the United States."
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New York woman visited by police after researching pressure cookers online

New York woman visited by police after researching pressure cookers online | EconMatters | Scoop.it
Long Island resident said her web search history and 'trying to learn how to cook lentils' prompted a visit from authorities but police say search was prompted by tipoff
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U.S. Stocks Fall From Record as Energy Producers Tumble

U.S. Stocks Fall From Record as Energy Producers Tumble | EconMatters | Scoop.it
U.S. stocks fell, after the Standard & Poor’s 500 Index had its best month since February, as energy producers sank with the price of crude to offset data showing U.S. manufacturing expanded at the fastest pace in three years.
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Buzzing Taiwan's Airspace, China Stages a New High-Risk Stunt

Buzzing Taiwan's Airspace, China Stages a New High-Risk Stunt | EconMatters | Scoop.it
Days after one of its planes flew provocatively close to a U.S. Navy plane, the China's air force sent two fighter jets into Taiwan's air space
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Ukraine Sees Russian Invasion as Rebel Assaults Intensify

Ukraine Sees Russian Invasion as Rebel Assaults Intensify | EconMatters | Scoop.it
Ukrainian President Petro Poroshenko called an emergency security meeting to defend against what he called a “de facto” Russian incursion after separatists gained ground in intensified fighting.
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Gasoline Drops as U.S. Demand Seen Slipping; WTI Steady

Gasoline Drops as U.S. Demand Seen Slipping; WTI Steady | EconMatters | Scoop.it
Gasoline fell after a government report showed U.S. output rose before the Labor Day holiday that marks the end of the country’s peak-demand driving season. West Texas Intermediate crude settled little changed.
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From Yale's Lacrosse Fields to Alibaba's Mega-Deals: The Guy Who Executes Jack Ma's Vision 

From Yale's Lacrosse Fields to Alibaba's Mega-Deals: The Guy Who Executes Jack Ma's Vision  | EconMatters | Scoop.it
At 4:30 a.m. on a May morning in Hong Kong, Joseph Tsai gathered with three other executives of Alibaba Group Holding Ltd. With the U.S. stock market just closed, it was time to submit the Chinese e-commerce giant’s prospectus for an initial public offering -- likely to be the largest ever in the U.S.
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