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  • DIARY - Top Economic Events to Dec 8 Monday, 24 Nov 2014 | 7:01 PM ET

    TOKYO- Europlace Financial Forum in Tokyo. Banque de France Governor Christian Noyer, French Economy Minister Emmanuel Macron and Bank of Japan Deputy Governor Hiroshi Nakaso to attend. SYDNEY- RBA Deputy Governor Philip Lowe speaks at the Annual Australian Business Economists Conference dinner in Sydney- 0905 GMT.

  • AMSTERDAM/ FRANKFURT, Nov 24 (Reuters)- ASML, the world's second largest maker of semiconductor production equipment, said on Monday it could nearly double annual sales to 10 billion euros ( $12 billion) by 2018-- or up to two years later if customers put off buying its latest machines. ASML is working to introduce a new generation of' extreme ultraviolet' (EUV) tools which...

  • LONDON, Nov 24- If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now. Three weeks on, European Central Bank chief Mario Draghi insists his bank will move "as fast as possible" to raise euro zone inflation using all means available- something...

  • ECB official calls for gov't action to help growth Monday, 24 Nov 2014 | 8:33 AM ET

    FRANKFURT, Germany— A member of the European Central Bank's rate-setting council has said monetary policy cannot boost long-term growth and called for reforms by governments to make the weak economy more investment-friendly. Jens Weidmann said in the text of a speech in Madrid on Monday that low interest rates and stimulus measures can boost short-term...

  • UPDATE 1-German business morale rebounds in November Monday, 24 Nov 2014 | 4:36 AM ET

    BERLIN, Nov 24- German business sentiment rebounded in November, breaking a streak of six straight declines, in a sign that Europe's largest economy may be gaining some momentum again after narrowly avoiding a recession in the third quarter. The Ifo's business climate index, based on a monthly survey of some 7,000 firms, rose to 104.7 from 103.2 in the previous...

  • German business confidence up after long decline Monday, 24 Nov 2014 | 4:15 AM ET

    BERLIN— A closely-watched survey shows German business confidence rose in November, putting an end to six consecutive months of declines. The German economy has been held back by slower demand in key export market China, and by worries about the conflict between Russia and Ukraine. Germany's economy shrank 0.1 percent in the second quarter but returned to...

  • German business morale rebounds in November Monday, 24 Nov 2014 | 4:06 AM ET

    BERLIN, Nov 24- German business sentiment rebounded in November, breaking a streak of six straight declines, in a sign Europe's largest economy is gaining momentum again after narrowly avoiding a recession in the third quarter. The Ifo's business climate index, based on a monthly survey of some 7,000 firms, rose to 104.7 from 103.2 in the previous month, the Munich-...

  • SYDNEY, Nov 24- Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. "China's rate cut adds to the determination of global policy makers to avoid deflation and support growth," said Shane Oliver, head of investment strategy at fund manager AMP...

  • *Sources say China ready to ease further after rate cut. SYDNEY, Nov 24- Asian share markets followed the dollar higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. The single currency was matching 28- month lows in early trade having shed 1.2 percent on Friday when European...

  • *Aussie holds gains after surprise China rate cut. SYDNEY, Nov 24- The euro flirted with a two-year trough against the dollar early on Monday and was broadly weaker as investors gave the common currency a wide berth on prospects of more easing from the European Central Bank. Selling continued in Asia on Monday, with the euro slipping towards $1.2359, just a whisker...

  • BERLIN, Nov 23- Germany is working on a new law to force energy companies to shut down several more coal-fired power plants as it tries to reach ambitious climate goals, a document seen by Reuters showed on Sunday. Although Germany has seen a boom in green energy, accounting for about 25 percent of overall power generation, environmentalists criticise the country...

  • PARIS, Nov 23- The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. Treasury Secretary Larry Summers says Europe risks "secular stagnation"- a long-term, self-perpetuating slump similar to the one that followed the Great Depression in the 1930 s. France's economy is flatlining, Italy's has fallen back into...

  • European markets close: European gains     Friday, 21 Nov 2014 | 11:29 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including ECB President Mario Draghi's policy comments, and China's interest rate cut.

  • *Draghi says recovery unlikely in coming months. FRANKFURT, Nov 21- European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth. "We will do what we must to raise...

  • PARIS, Nov 21- European stocks rallied on Friday, with a benchmark regional index hitting a two-month high, propelled by dovish comments from European Central Bank President Mario Draghi and a surprise interest rate cut from China's central bank. Regional mining shares, highly sensitive to China's economic growth, featured among the top gainers, with Rio Tinto...

  • *Shares soars as China cuts rates, Draghi talks bond buying. *Euro tumbles on Draghi, Aussie rises on China. LONDON, Nov 21- World shares surged on Friday as China surprised markets with its first interest rate cut in more than two years and the European Central Bank's Mario Draghi threw the door wide open to full scale money printing.

  • European shares extend rally after China rate cut Friday, 21 Nov 2014 | 6:48 AM ET

    PARIS, Nov 21- European stocks extended an early rally on Friday morning, led by mining shares after China's central bank cut its benchmark interest rate for the first time in more than two years in an attempt to lift its cooling economy. European mining shares, strongly affected by China's economic growth, featured among the top gainers, with Rio Tinto up 3.9...

  • *Draghi says stronger recovery unlikely in coming months. *Short-term inflation expectations seen "excessively low". FRANKFURT, Nov 21- European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying "excessively low" inflation had to be raised quickly by whatever means necessary.

  • China, Europe chase growth amid global slowdown Friday, 21 Nov 2014 | 5:52 AM ET

    BEIJING— China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown. And Japan's government this week delayed a tax increase after the country slipped back into recession. News of China's actions and...

  • FRANKFURT, Nov 21- European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying "excessively low" inflation had to be raised quickly by whatever means necessary. Draghi had said on Monday further measures could involve large-scale purchases of government bonds, also known as...