NEW YORK, Nov. 30, 2015 /PRNewswire-iReach/ — Skyhorse is diving into the boating book business, launching a new imprint, Seahorse Press, to publish between ten and twenty titles a year on or related to boating, sailing, and sea adventures. Seahorse will be run by veteran editor Tom McCarthy, who has nearly twenty-five years’ experience as an…
New York, Safar 18, 1437, Nov 30, 2015, SPA — U.S. stocks were down modestly in midday trade Monday, as investors prepared for key economic reports and central-bank remarks later in the week, while the U.S. dollar hit a more than eight-month high against major currencies.
Investors will closely watch a series of U.S. economic reports this week, particularly Friday’s job creation report. Meanwhile, the European Central Bank (ECB) is expected to expand its bond-buying program on Thursday, while U.S. Federal Reserve (Fed) Chair Janet Yellen will deliver a speech Wednesday and testify before Congress on Thursday.
In economic news Monday, U.S. pending home sales rose 0.2 percent, ending two consecutive months of declines but far below analyst expectations.
The International Monetary Fund (IMF) announced the inclusion of China’s yuan, or renminbi, in an exclusive group of currencies that comprise the lender’s key basket.
The dollar index, which measures the U.S. currency against a basket of other major currencies, hit its highest point since mid-March and was on track for a 3 percent monthly gain, while the prospect of further ECB stimulus dragged the euro down to its weakest since mid-April.
West Texas Intermediate (WTI) crude for January delivery was up nearly 1.5 percent to above $42.25 a barrel in midday trade on the New York Mercantile Exchange. OPEC meets Friday and is not expected to change its position on allowing the market to set prices.
Gold futures rose about $6 to about $1,062 an ounce in late-morning trade. Gold is on track for its worst month since June 2013.
The Dow Jones industrial average fell 0.2 percent in early-afternoon trade. Caterpillar was the biggest gainer, while Home Depot and Nike were the biggest decliners.
The broader Standard & Poor’s 500 index was down 0.2 percent. Healthcare led five of ten sectors lower. Retail also declined, with shares of Target briefly falling more than 1.5 percent amid reports its website temporarily crashed due to high traffic. Energy led five sectors higher.
The technology-heavy Nasdaq composite index lost 0.4 percent. An index of biotechnology stocks fell 1.5 percent, but shares of Apple and Microsoft each traded more than 1 percent higher.
20:45 LOCAL TIME 17:45 GMT
Berlin, Safar 18, 1437, Nov 30, 2015, SPA — German inflation edged higher for the second consecutive month in November, helped by a rise in food prices, the statistics office said on Monday.
Annual consumer prices in Europe’s biggest economy is projected to grow by 0.4 per cent this month compared with 0.3 per cent in October, dpa quoted the data as showing.
Annual inflation stood at zero in September.
But the small gain in German consumer prices is unlikely to ease pressure on the European Central Bank as it considers launching a new round of monetary stimulus this week.
17:53 LOCAL TIME 14:53 GMT
Riyadh, 18 Safar 1437 AH, November 30, 2015, SPA — The Ministry of Agriculture has temporarily banned the import of live Koi carps fish from the State of Austria because of the emergence of Koi herpes virus disease.
The Director General of Animal and Plant Quarantine Department, Dr. Abdul Ghani bin Yusuf Al-Fadhel explained that the ban was based on a warning to the Ministry of Agriculture from the World Organization for Animal Health (OIE) on the immediate notification of the emergence of Koi herpes virus disease.
He pointed out that the ban covers all live Koi carps fish, whether for food or decoration, noting that it is a fast-spreading disease epidemics, especially in ornamental fish, and causing the deaths of large numbers of fish when it appears.
The Kingdom’s imports for the year 1436 AH of carp fish amounted to 1,344,918, and in 1435 AH to 899,620 fish.
16:03 LOCAL TIME 13:03 GMT
دبي، الإمارات العربية المتحدة، 29 نوفمبر 2015 — أعلنت ICFLIX، الشركة الرائدة في مجال البث غير المحدود على شبكة الإنترنت في الشرق الأوسط وشمال إفريقيا، عن إنتاجها المشترك الأول الّذي يُنافس على أهم جوائز السينما العربية. http://photos.prnewswire.com/prnh/20130905/638220 يُعرض الفيلم المصوّر الأول للمخرج فارس نعناع والّذي يحمل اسم «شبابيك الجنّة»، للمرة الأولى، خلال مهرجان قرطاج السينمائي […]
Tokyo, Safar 18, 1437, November 30, 2015, SPA — Japan’s industrial production climbed 1.4 per cent in
October from the previous month for the second straight month of
rise, the government said Monday, as the world’s third-largest
economy struggles to pull out of a second recession in two years, dpa reported.
The index of production at factories and mines stood at 98.8 against
a 2010 baseline of 100, said the Ministry of Economy, Trade and
Transport equipment, electronic parts and devices, and
general-purpose, production and business oriented machinery
industries contributed to the bulk of the rise in October, the
Manufacturers expect industrial production to edge up 0.2 per cent in
November and to fall 0.9 per cent in December, the ministry’s survey
The index of industrial shipments climbed 2.1 per cent in October
from the previous month to 98.8, and that of industrial inventories
fell 1.9 per cent to 111.4.
11:17 LOCAL TIME 08:17 GMT