WASHINGTON (AP) — U.S. homebuilders opened the spring buying season in March at a slower pace than last year, a warning that recent hiring gains have failed to translate into a stronger real estate market.
NEW YORK (TheStreet) — In the broad strokes of Far East and early London trading, the gold price really didn’t do a lot when all was said and done, even though I was making a big deal out of it in The Wrap in yesterday’s column. The low tick occurred on Wednesday morning in New York at the same time as it bottomed on Tuesday—8:30 a.m. EDT. From there it
China’s annual fiscal revenue growth slowed to 3.9 percent in the first quarter from 8.6 percent in 2014, official data showed, as persistent economic weakness dampened tax collection and other government incomes. Revenues totaled 3.64 trillion yuan ($587.67 billion) in the first quarter, data from the Finance Ministry showed on Thursday. In March, China’s fiscal revenues totaled 1.069 trillion yuan, up 5.8 percent from a year earlier, the ministry said.
By Kathy Chen and Dominique Patton BEIJING (Reuters) – China will ban water-polluting paper mills, oil refineries, pesticide producers and other industrial plants by the end of 2016, as it moves to tackle severe pollution of the country’s water supply. The long-awaited plan comes as the central government steps up its “war on pollution” after years of industrial development that have left one-third of China’s major river basins and 60
With gold, silver and crude oil on the move, today King World News wanted to take a step back and look at 7 of the most jaw-dropping charts of 2015. The following charts are from the Wall Street Journal. The first chart below from WSJ shows that Chinese industrial output is at its lowest since the end of 2008. The second chart below from WSJ shows that China's retail sales growth has now collapsed below
By Steve Gorman LOS ANGELES (Reuters) – The wife of former Los Angeles Clippers owner Donald Sterling has won a court decision ordering repayment of $2.6 million in real estate and cash he furnished to his alleged mistress, V. Stiviano, the woman behind his racially charged downfall. Los Angeles Superior Court Judge Richard Fruin ruled that Shelly Sterling was entitled to recover those assets from Stiviano because they came from
By Alan Baldwin MANAMA (Reuters) – A Chinese Grand Prix podium hostess who had champagne sprayed in her face by race winner Lewis Hamilton has played down the incident after the Formula One world champion was accused of sexist bullying. “It lasted for only one or two seconds, and I didn’t think too much about it,” Liu Siying, a 22-year-old graduate of the Shanghai Institute of Visual Art who works
By Alan Baldwin MANAMA, April 15 (Reuters) – A Chinese Grand Prix podium hostess who had champagne sprayed in her face by race winner Lewis Hamilton has played down the incident after the Formula One world champion was accused of sexist bullying. “It lasted for only one or two seconds, and I didn’t think too much about it,” Liu Siying, a 22-year-old graduate of the Shanghai Institute of Visual Art
By Krishna N. Das NEW DELHI (Reuters) – Fewer power cuts are likely in India this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May. Fast-track mine approvals, tighter production oversight and more flexibility in coal sales have helped power station stocks recover from a
[Marketwired] – B2Gold Corp. is pleased to announce its gold production and revenue for the first quarter of 2015. All dollar figures are in United States dollars unless otherwise indicated.
