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WELLINGTON, New Zealand-New Zealand’s current account deficit widened in the third quarter to 4.75 billion New Zealand dollars (US$3.21 billion), compared with a revised deficit of NZ$1.17 billion in the second quarter, Statistics New Zealand said Wednesday.

The crude inventories US rigs Crude oil fell in Asia on Friday with expectations for any demand rebound thin in the face of significant over supply.

The hike in the environment compensation charge (ECC) payable by light and heavy commercial vehicles entering Delhi, ordered by the Supreme Court on Wednesday, is likely to stop most non-destined trucks from rolling into the capital.

The target for the overnight interest rate has been raised, and the Fed will aim for 0.25% to 0.50% in the Federal Funds market, which is only traded by banks and the Federal GSEs.

It also closes a chapter, where from 2008 until Wednesday, the Fed threw everything but the kitchen sink at the US economy in hopes of staving off a financial collapse and later shorten the time it took to get back to recovery.

Controversial proposals to allow fracking under national parks will be voted on by MPs today.

The company faces several U.S. investigations, including at a committee of the U.S. House of Representatives that will be holding a hearing in the new year on increasing prices for medication.

Many industry experts believe the deal would allow consumers to get Valeant’s dermatology and ophthalmology products at a lower out of pocket cost from more than 8,000 Walgreens US retail pharmacy locations and participating independent retailers. The accord comes amid an...

CEO Kevin Counihan said the deadline was extended because of “unprecedented demand and volume” at the government’s call center and website.

The Federal Reserve raised the range for its federal funds rate to between 0.25 and 0.5 per cent on Wednesday, the first time America’s central bank has raised its benchmark rate since 2006. The cost of borrowing has been at the historically low level of 0.25% since...

IDX trade and membership director Alpino Kianjaya said that the Fed Fund Rate hike is likely to lift interest rates higher. But they should not be looking for any sudden boosts in their income: Banks tend to be quick when cutting CD payouts – and mighty slow when it comes...

According to the Wall Street Journal, Yahoo Inc.’s board is thinking about selling off the company’s flagging Internet businesses.

They need to do this by April though when the calendar year closes for the International Cricket Council.

Within a week, President of South Africa Jacob Zuma removed David van Rooyen as the finance minister and appointed Pravin Gordhan for the position of Finance Minister.

The Fed decision will be released at 2 p.m. Eastern Standard Time.