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  • PARIS— France's Socialist government offered support Sunday for Greece's efforts to renegotiate debt for its huge bailout plan, amid renewed fears about Europe's economic stability. Varoufakis insisted that Greece wants to pay the money back, but said he wants new terms and new negotiating partners, arguing that it's not worth discussing with the...

  • Despite woes, Russia optimistic on economic outlook Saturday, 31 Jan 2015 | 11:29 PM ET

    Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts' forecasts of a 4-5 percent drop.

  • *Oil price decline, slowing China also a concern. SEOUL, Feb 1- South Korea's exports in January fell less than expected, but effects from a plunge in oil prices, a sustained slump in Europe and slowdown in China all clouded prospects for a turnaround in global demand. "Europe holds the key for South Korean exports because exports by many countries including China...

  • SEOUL, Feb 1- South Korea's exports in January had a smaller fall than expected in annual terms, government estimates showed on Sunday, but the data fell short of quelling worries over global demand while imports were at a more than 5- year low. Exports in January edged down 0.4 percent from a year earlier to $45.37 billion, and imports dropped 11.0 percent to $39.84...

  • Greece asks Lazard to help sort out debt impasse Saturday, 31 Jan 2015 | 4:54 PM ET
    Supporters of opposition leader and head of radical leftist Syriza party Alexis Tsipras cheer at exit poll results in Athens, January 25, 2015.

    The Greek government has hired investment bank Lazard, a sign that Syriza is serious about restructuring its debt pile.

  • Ukraine ceasefire falters out of the starting gate Saturday, 31 Jan 2015 | 4:25 PM ET
    Local residents inspect their home, which was damaged by last night's shelling in the village of Sartan, near Mariupol January 20, 2015.

    Peace talks aimed at brokering a ceasefire in eastern Ukraine stalled before they had even started on Saturday.

  • MOSCOW, Jan 31- Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts' forecasts of a 4-5 percent drop. The economy has been hit by a sharp fall in oil prices and by sanctions imposed on Moscow for its role in the Ukraine crisis, leaving Russia facing its first year of recession...

  • MOSCOW, Jan 31- Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts' forecasts of a 4-5 percent drop. The economy has been hit by a sharp fall in oil prices and sanctions imposed on Moscow for its role in the Ukraine crisis, leaving Russia facing its first year of recession...

  • ECB's Liikanen: Lending to Greek banks in jeopardy Saturday, 31 Jan 2015 | 5:41 AM ET

    A deal on extending Greece's bailout deal must be found by the end of February or the ECB will not be able to continue lending to its banks, ECB council member Erkki Liikanen said.

  • HELSINKI, Jan 31- A deal on extending Greece's bailout deal must be found by the end of February or the European Central Bank will not be able to continue lending to its banks, ECB council member Erkki Liikanen said on Saturday. Europe's bailout programme for Greece, part of a 240- billion-euro rescue package along with the International Monetary Fund, expires on...

  • What slowing economy? US consumers are in a mood to spend Saturday, 31 Jan 2015 | 12:05 AM ET

    WASHINGTON— There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness. Companies have been hiring at healthy rates for the past year. "This hasn't changed my picture on the strength and resilience of the U.S. economy," said Scott Anderson, chief economist at the Bank of the West.

  • DIARY- Top Economic Events to Feb 12 Friday, 30 Jan 2015 | 7:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...

  • WASHINGTON— There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness. Companies have been hiring at healthy rates for the past year. "This hasn't changed my picture on the strength and resilience of the U.S. economy," said Scott Anderson, chief economist at the Bank of the West.

  • Business events scheduled for the coming month Friday, 30 Jan 2015 | 1:35 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • Business events scheduled for the coming week Friday, 30 Jan 2015 | 1:33 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • Europe ends lower after euro zone deflation deepens  Friday, 30 Jan 2015 | 11:30 AM ET

    European equities closed lower on Friday, with investors reacting to earnings and euro zone inflation and unemployment reports.

  • ECB QE will take time to take effect  Friday, 30 Jan 2015 | 11:15 AM ET

    Sue Noffke, UK equities fund manager at Schroders, says the European Central Bank's bond-buying program will take time to make an effect.

  • NEW YORK, Jan 30- The dollar traded mixed on Friday after weaker-than-expected headline U.S. fourth-quarter gross domestic product data, which included the fastest pace of consumer spending since 2006 and left intact market expectations of long-term greenback gains. The fundamental case for dollar strength is still in place as a long-term theme, "said Brian...

  • Will Greece's Syriza or its creditors blink first? Friday, 30 Jan 2015 | 10:22 AM ET
    Supporters of opposition leader and head of radical leftist Syriza party Alexis Tsipras cheers at exit poll results January in Athens, Greece.

    The first financial tests of Syriza’s audacious new policies for Greece loom – as it is still unclear who will concede ground on its debt pile first.

  • WASHINGTON— The U.S. economy slowed in the final three months of 2014, but a burst in consumer spending and the prospect of continued low energy prices are bolstering confidence that growth will strengthen this year. On Friday, the University of Michigan reported that its index of sentiment showed that U.S. consumers are more confident than they have been since...

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