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  • SANTIAGO, Feb 2- Turkey aims to boost trade with Latin America more than two-fold by 2023, in a bid to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East, Economy Minister Mustafa Elitas said on Monday. Citing the advantages of having a free trade agreement with Chile that aims to yield $1 billion in...

  • *Erdogan to visit Chile, Ecuador, Peru. ANKARA, Jan 29- President Tayyip Erdogan heads to Latin America on Sunday with the aim of boosting trade ties as Turkey seeks to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East. Turkey has been slowly strengthening its relationship with Latin America since the late...

  • LONDON— Inflation across the 19- country eurozone doubled in January, but few economists think it represents a meaningful pick-up in the economy given subdued growth across much of the region, a renewed drop in oil prices and mounting uncertainties around the world. January's rate was the highest since October 2014, when it was also 0.4 percent, a development...

  • FRANKFURT, Germany— A top European monetary official is downplaying the risks for the 19- country euro currency union from an economic slowdown in China and low oil prices. But Jens Weidmann also cautioned that a long period of excessively low inflation could mean trouble by challenging the credibility of the European Central Bank's monetary policy.

  • LONDON, Jan 20- The Middle East was the fastest growing region for oil consumption except China over the last decade as young populations and booming economies simulated a surge in fuel demand. The Middle East is not only one of the world's most important producers and exporters of oil; in recent years it has become one of the most important and fast-growing...

  • TAIPEI, Jan 19- Taiwan stocks fell on Tuesday in cautious trade but losses were limited as regional markets steadied after China's GDP figures came out largely in line with expectations. Taiwan is due to publish its export orders for December on Wednesday with the data expected to show a ninth straight month of contraction, setting 2015 up to record the steepest...

  • BRUSSELS, Jan 15- EU citizens would have a harder time finding jobs and the economy would suffer should Europe's internal passport-free zone collapse under the pressure of the migration crisis, the head of the bloc's executive said on Friday. European Commission President Jean-Claude Juncker conceded it would not be easy to curb the mass influx of migrants...

  • BRUSSELS, Jan 13- Euro zone partners are impressed with Greece's progress in implementing its latest bailout but have misgivings about its proposal to partly fund a major pension reform by raising contributions, EU officials said on Wednesday. His six-stop tour culminated in Berlin on Wednesday, where he met hardline German Finance Minister Wolfgang...

  • NEW YORK, Jan 4- Oil prices slid on Monday in volatile trade that saw an early rally of more than 4 percent on tensions in the Middle East until those gains were erased on worries about a slowing global economic growth and sliding stock markets. Brent, the global oil benchmark, was down 38 cents, or 1 percent, at $36.90 a barrel by 11:23 a.m. EST. Earlier in the session, oil...

  • BEIJING, Dec 18- China's economy was plagued by pervasive weakness in the fourth quarter, results from a private survey of Chinese firms showed, raising questions about the veracity of stronger than expected official activity data released this month. The quarterly survey of over 2100 businesses by China Beige Book International showed national sales...

  • KHUTSONG, South Africa, Dec 11- Residents of South Africa's Khutsong township remember David van Rooyen as a kindly mayor always willing to help out. Plucked from obscurity by President Jacob Zuma, Van Rooyen appears never to have governed anything bigger than a municipality, although he does have a master's degree in finance awarded by the University of London...

  • LONDON, Nov 26- Emerging markets face another wave of ratings downgrades next year, with Brazil at risk of a cut to junk and the Africa/ Middle East region potentially given a' negative outlook', Fitch Ratings' top sovereign analyst said in an interview. The agency has cut the ratings of 12 commodity exporting emerging economies already this year, and 14 countries,...

  • *Yen, Swiss franc up on Russia- Turkey fears. NEW YORK, Nov 24 (Reuters)- The U.S. dollar edged down on Tuesday as investors piled into safe-haven currencies on concerns about rising tension between Russia and Turkey, shrugging off positive data on the U.S. economy. It's encouraging to see the improvement or the upgrade in growth, but it's still a stale piece of data, "said...

  • KUALA LUMPUR, Nov 20- U.S. The Trans-Pacific Partnership, a "mega-regional accord" covering four-tenths of global GDP, was so complex it would not have materialized if all interest groups were involved in the protracted talks, he said. "If you are negotiating with 12 countries and there's no space for everyone to agree on the deal... then it would never get done," Obama...

  • DIARY-Emerging Markets Economic Events to Dec 1 Wednesday, 18 Nov 2015 | 7:02 PM ET

    THURSDAY, NOVEMBER 19 BELGRADE- Presentation of the IMF European Department's Fall 2015 Regional Economic Issues Report on Central, Eastern and Southeastern Europe. PRETORIA- The South African Reserve Bank announce interest rate decision- 1300 GMT. FRIDAY, NOVEMBER 20 SEOUL- Bank of Korea Governor Lee Ju-yeol will chair a regular meeting with the heads of...

  • WASHINGTON, Nov 12- The U.S. In a report prepared for the upcoming Group of 20 meeting in Turkey, IMF staff said spare economic capacity and very low inflation justified keeping monetary policy loose in most major advanced economies. Increasing violence in the Middle East and Africa has driven waves of migrants into Europe, but neighboring countries such as...

  • Most important thing is agility: BNP Paribas CFO Friday, 30 Oct 2015 | 2:00 AM ET
    Most important thing is agility: BNP Paribas CFO

    Lars Machenil, CFO of BNP Paribas, talks about whether or not the bank will boost the capital ratio above regulatory requirements like some of its rivals.

  • SINGAPORE, Oct 21- Gold clung to overnight gains on Wednesday, supported by weakness in the dollar and global equities, as investors awaited clues on when the Federal Reserve will raise U.S. rates. *Spot gold was little changed at $1,176.40 an ounce by 0038 GMT. *Bullion gained as the euro rose against the dollar on Tuesday, bolstered by solid regional economic data...

  • NEW YORK, Oct 20- The euro rose against the dollar on Tuesday after falling for three straight sessions, bolstered by solid regional economic data and comments from European Central Bank officials suggesting further monetary easing may not be imminent. "What actually changed the euro was that banks have a lending survey and for October it was very positive- only...

  • FOREX-Euro rebounds vs dollar on data, ECB comments Tuesday, 20 Oct 2015 | 10:15 AM ET

    NEW YORK, Oct 20- The euro rose against the dollar on Tuesday, after falling for three straight sessions, bolstered by solid regional economic data and comments from European Central Bank officials suggesting further monetary easing may not be imminent. In addition, ECB governing council member Christian Noyer said the central bank's quantitative easing...