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American depositary shares in iKang Healthcare Group Inc. were up sharply on their debut on the Nasdaq Stock Market Wednesday.
The following is an excerpt covering the Federal Open Market Committee's discussion of monetary policy taken from the minutes of the FOMC's March 18-19 meeting, which were released on Wednesday.
The following are the Federal Reserve's staff forecasts as contained in the minutes of recent Federal Open Market Committee meetings:
Gold futures settled lower on Wednesday as strength among U.S. equities lured investors away from the precious metal, but prices climbed in electronic trading after the release of minutes from the Federal Reserve's March meeting.
Bank of America reached a settlement with U.S. regulators for $772 million over its credit-card practices.
Federal Reserve officials had a secret video conference call in early March to discuss overhauling its communication to the market and reached a general consensus that the 6.5% unemployment rate threshold for the first rate hike was outdated, the central bank said Wednesday.
Canada's tax collection agency has temporarily shut down access to online tax services, in reaction to the 'Heartbleed' bug that has threatened most of the world's active websites.
As the Fed moves to end its bond purchases, policymakers are now crafting a plan to eventually begin hiking short-term interest rates from historic lows.
A day after the company was fined for an incomplete response to regulators, General Motors got hit with a downgrade that sent shares lower.
Hewlett-Packard crafted a $108 million settlement with regulators over potential violations of the Foreign Corrupt Practices Act.
The Treasury Department sold $21 billion in 10-year notes Wednesday at a yield of 2.720%.
Britain's finance minister said an agreement for part-nationalized Royal Bank of Scotland to cancel a government-owned share that stops it paying dividends would help taxpayers to get their money back.
European regulators said on Wednesday they had agreed that Britain's part-nationalized Royal Bank of Scotland can cancel a government-owned share that effectively stops it from paying dividends.
Shares of La Quinta Holdings Inc. , which begin trading on the market Wednesday, bounced back after a weak opening.
Bank of America Corp. has reached a settlement agreement for $800 million over its credit card practices with U.S. regulators, reports The Wall Street Journal.
Greek benchmark yields fell to the lowest level since 2010 on Wednesday after media reports said the country will return to capital markets as soon as this week.
Yum Brands unveiled the opening of its first Pizza Hut in Iraq in an effort to expand the world’s largest pizza chain’s exposure to emerging markets.
The bankrupt city of Detroit reached a deal to divert some funds owed to bond insurers toward retiree pensions, according to a statement from Judge Gerald Rosen, who is acting as a mediator in the case.
Oil futures gained more ground then fell on Wednesday following weekly data that showed larger-than-expected climb in crude supplies, but less than what a trade group reported a day earlier.
U.S. wholesale inventories rose at a slower pace in February than in the prior month, which could support views that restocking will not help the economy in the first quarter.