Economy
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TransCanada loses patience over delayed pipeline approval
The major North American pipeline and power company expressed its disappointment in long delays in obtaining White House approval for its proposed Keystone XL project.
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US durable orders jump 3.3% in April
Demand for goods intended to last at least three years was broadly stronger in April, led by increases in transportation and defense.
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German Ifo business climate rises to 105.7 in May
Germany's Ifo index measuring economic sentiment and expectations rose to 105.7 in May from 104.4 in the previous month, the Center of Economic Studies said on Friday.
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German GDP grows 0.1% in first quarter
German gross domestic product grew 0.1% in the first quarter of this year following decrease of 0.7% in the final quarter of the last year.
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Fuel imports narrow NZ trade surplus to $157M in April
New Zealand's trade surplus took a dive in April, driven mainly by a rise in petroleum imports. The gain on trade was almost a quarter of that in March, setting the balance at NZ$157 million.
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PREVIEW: US demand for durable goods set to climb in April
Overall economic optimism spurred by a pick-up in US job creation and rising Fed confidence most likely encouraged US firms to increase demand for long-lasting products in April.
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TD bank reports slightly higher profit in Q2
The second largest bank in Canada gained profits mainly from its US retail banking.
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Signs of weakness, tamed inflation, may prompt further easing in UK
Tentative signs of weakness within Britain's economy and a slowing pace of inflation with outlook showing upwards price pressures easing off sooner than expected, may prompt the Bank of England to expand monetary easing as soon as this summer.
Central Banks
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- Economy TransCanada loses patience over delayed pipeline approval US durable orders jump 3.3% in April German Ifo business climate rises to 105.7 in May More »
- Equities European shares end volatile week with over 1% fall Wall Street spree halts as QE pace pondered US stocks end mixed on last trading day of week More »
- Fixed Income / Bonds US benchmark yields rise above 2% on Fed's QE comments Treasuries rise first time in a week as data offers new stimulus hope Treasuries tumble to 7-week low as Fed seen stopping purchases More »
