Quick Overview

• The U.S. economy has been "expanding moderately", so the Fed's expects to keep rates low through "late 2014"

• The Department of Energy said: crude oil stocks rose by 3.6 million barrels in the week ending January 20. Gasoline stocks fell by 0.4 million. Distillate stocks fell by 2.5 million barrels.

• Britain's economy grew 0.9% during 2011.

• S. Korea’s GDP expanded 0.4 % in Q4, slower than a revised on-quarter growth rate of 0. 8% in Q3.

• New Zealand's central bank left the interest rate unchanged at 2.5 percent.

• Singapore's CPI eased slightly to 5.5 % in December from 5.7 percent in the previous month.

• "To infinity and beyond!" is the theme of Gingrich's latest campaign pitch: a lunar colony within eight years.

• Africa and Asia are moving ahead of Europe in the development of their digital infrastructure according to the head of France's largest telecommunications equipment supplier.