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  • Likelihood of a 'Grexit' at 20%: Deutsche Bank  Sunday, 25 Jan 2015 | 9:17 PM ET

    Taimur Baig, Chief Economist, Asia at Deutsche Bank, says authorities will do what it takes to prevent Greece from leaving the euro zone and explains what that means for Italy and Spain.

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and pickup in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • Someone's lying about the California port slowdown Friday, 23 Jan 2015 | 11:47 AM ET
    A Crowley Maritime tugboat prepares to guide the MOL Endurance Container ship out of its berth at the Port of Los Angeles in San Pedro, California.

    Management and labor at the ports are blaming each other for epic congestion. And it appears impossible for both sides' stories to be true.

  • HANOI, Vietnam— A recently announced government decision to allow a casino on Vietnam's biggest island drew mixed reactions Friday from citizens, who weighed its potential economic benefits against its perceived social vices. Vietnam has several casinos, but they are reserved for foreigners. Tran Thi Viet Huong of Viettravel, one of Vietnam's major tour...

  • *King Salman faces biggest economic challenge since global crisis. Saudi Arabia can no longer throw money at problems in same way. King Salman, who took the throne in the early hours of Friday after the death of his brother King Abdullah, inherits an economy that faces its biggest challenge since the global financial crisis in 2009..

  • DAVOS, Switzerland, Jan 23- Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland. China should pay attention to the quality of the economy, "he said in a question-and-answer session at the World Economic Forum.

  • *China factory activity contracts for 2nd month. LONDON/ BEIJING, Jan 23- Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, vindicating the European Central Bank's decision to print money in a bid to revive inflation. Euro zone firms cut prices at the fastest rate in nearly five years and Chinese...

  • SHANGHAI, Jan 23- China's yuan posted its biggest single-day loss since Dec. 8 on Friday after the central bank set a weaker midpoint in response to the fresh round of quantitative easing announced by the European Central Bank announced a day earlier. The People's Bank of China set the midpoint rate at 6.1342 per dollar prior to market open, weaker than the...

  • *CPI data due 2330 GMT Jan 29, factory output, 2350 GMT. TOKYO, Jan 23- Japan's consumer inflation likely slowed for a fifth straight month in December due largely to falling oil prices, a Reuters poll showed, keeping the Bank of Japan under pressure to meet its ambitious 2 percent inflation target. "December data next week will be examined for evidence to see if the...

  • Jan 23- Hong Kong shares extended a global rally on Friday to reach their highest level in more than four months after the European Central Bank launched a landmark bond-purchasing stimulus programme to support the euro zone economy. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group Ltd, up 30.1 percent at HK...

  • *China factory activity contracts for 2nd month. BEIJING/ SEOUL, Jan 23- Chinese factories were forced to cut prices for the sixth straight month in January to sell their products, while economic growth in South Korea slowed sharply, raising the prospect of more policy easing from major central banks in Asia. The weak manufacturing reading from China added to...

  • SKorea economic growth slows to 2.7 percent in 4Q Friday, 23 Jan 2015 | 12:02 AM ET

    SEOUL, South Korea— South Korea's economy grew at its slowest pace in more than a year in the fourth quarter due to reduced government spending. The Bank of Korea said Friday that Asia's fourth-largest economy expanded 2.7 percent from a year earlier in the October-December quarter. From the third quarter, South Korea's economy expanded just 0.4 percent, the...

  • *HSBC/ Markit Flash Manufacturing PMI at 49.8 in January. BEIJING, Jan 23- China's manufacturing growth stalled for the second straight month in January and companies had to cut prices at a faster clip to win new business, adding to worries about growing deflationary pressures in the economy, a private survey showed. "Today's data suggest that the manufacturing...

  • SKorea economic growth slows to 2.7 percent in 4Q Thursday, 22 Jan 2015 | 10:42 PM ET

    SEOUL, South Korea— South Korea's economy grew at its slowest pace in more than a year in the fourth quarter due to reduced government spending. The Bank of Korea said Friday that Asia's fourth-largest economy expanded 2.7 percent from a year earlier in the October-December quarter. From the third quarter, South Korea's economy expanded just 0.4 percent, the...

  • Why ABN AMRO is underweight Thailand  Thursday, 22 Jan 2015 | 10:25 PM ET

    Daphne Roth, Asia Equity Strategist at ABN AMRO Private Banking, attributes the downgrade to unattractive valuations and a possible rise in political uncertainty this year.

  • Expect China to grow 7.2% this year: ADB  Thursday, 22 Jan 2015 | 10:18 PM ET

    Takehiko Nakao, President of Asian Development Bank, says ongoing structural reforms, along with a stronger U.S. economy, will help China to reach 7.2 percent growth in 2015.

  • SHANGHAI, Jan 23- China's yuan weakened on Friday after the central bank fixed its midpoint 0.2 percent weaker, the biggest single-day weakening in 10 months, in response to the fresh round of quantitative easing announced by the European Central Bank overnight. The People's Bank of China set the midpoint rate at 6.1342 per dollar prior to market open, weaker...

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