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Fed stays easy-money course

Agence France-PresseMay 1, 2013 14:30
The Federal Reserve held its easy-money policies in place Wednesday in the face of a moderately growing economy facing headwinds from the government's severe "sequester" spending cuts. The policy-setting Federal Open Market Committee, as widely expected, kept the central bank's key interest rate at zero to 0.25 percent and its $85 billion a month bond-buying program in place in a bid to support economic growth.

US stocks hit new records on Fed minutes

April 10, 2013 16:15
US stocks powered to new record highs Wednesday after Federal Reserve meeting minutes suggested the Fed's easy-money policies would remain in place for a while longer. The Dow Jones Industrial Average rose 128.86 (0.88 percent) to 14,802.32, a new all-time closing high. The broad-based S&P 500 surged 19.11 (1.22 percent) higher to 1,587.72, also a record. The Nasdaq Composite Index rose 59.39 (1.83 percent) to 3,297.76, reaching its highest level since November 2000.

Lietuvos Dujos appoints general meeting of shareholders on April 25

April 6, 2013 05:22
As initiated and decided by the Board of Directors of AB Lietuvos Dujos the General Meeting of Shareholders of the Lithuania-based gas company Lietuvos Dujos will be convened at 10.00 a.m. on Thursday, 25 April 2013, the company said in a statement.The venue of the meeting being set: the conference hall on Floor 2 at Aguonu gatve 24, LT-03212 Vilnius. The registration of shareholders will start on April 25, 2013. The registration of shareholders will be stopped on April 25, 2013.The record date of the annual general meeting of shareholders is April 18, 2013.

key rate-March minutes

April 2, 2013 04:00
SEOUL, April 2 (Yonhap) -- Policymakers at South Korea's central bank froze the key interest rate in a 6-1 vote for March while one member argued for a rate cut, citing economic uncertainty and easing moves by other central banks, the bank's minutes showed Tuesday. At a rate-setting meeting held on March 14, the Bank of Korea (BOK)'s seven-member monetary policy committee decided to leave the benchmark 7-day repo rate unchanged at 2.75 percent for the fifth straight month. The bank cut the key rate in July and October last year.
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