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  • SEOUL, Dec 18- Iconic Swedish furniture retailer IKEA built its biggest store in the world to serve South Korea's shrinking households, targeting millions of people living alone with Korea- only items like super-sized single beds and in-store kimchi rice. The store opened on Thursday in Gwangmyeong, less than an hour's drive or 14 minutes by train from central...

  • LONDON, Dec 16- Turmoil gripped global foreign exchange markets on Tuesday, driving investors to the safety of the yen and the Swiss franc as Russia's rouble went into a tailspin and oil prices fell below $60 a barrel. "It is contagion from Russia. Anything related to oil is being sold off, "said Carl Hammer, chief currency strategist, at SEB, Stockholm.

  • Novel by Nobel laureate Modiano set for US in 2015 Monday, 15 Dec 2014 | 8:26 AM ET

    NEW YORK— A recent work of fiction by Nobel laureate Patrick Modiano will be published in the U.S. late next year. Houghton Mifflin Harcourt announced Sunday that it has acquired "So You Don't Get Lost in the Neighborhood". The publisher calls it a "haunting novel of suspense" set, like much of Modiano's work, in Paris.

  • LONDON, Dec 15- Russia's rouble has tumbled to successive record lows against the dollar, shrugging off central bank interventions and interest rate rises, and paying heed to only one factor- the oil price. To defend the currency, Russia's central bank cranked up its main lending rate by 100 basis points last Thursday to 10.5 percent- the fifth increase so far this...

  • DIARY- Top Economic Events to Dec 25 Thursday, 11 Dec 2014 | 7:01 PM ET

    FRANKFURT- Deutsche Bundesbank Vice President Claudia Buch to speak on "May change happen"- 1200 GMT. OSLO- Norges Bank Governor Oystein Olsen and Norges Bank Investment Management Director Yngve Slyngstad hold lectures for the regional network. STOCKHOLM- Sweden's central bank holds monetary policy meeting.

  • DIARY- Top Economic Events to Dec 24 Wednesday, 10 Dec 2014 | 7:01 PM ET

    LONDON- Bank of England Governor Mark Carney and Deputy Governor Ben Broadbent will hold a press conference along with Former Federal Reserve Board Governor Kevin Warsh- 1000 GMT. NEW YORK- Bank of Canada Governor Stephen Poloz speaks before the Economic Club of New York- 1245 GMT. HELSINKI- Bank of Finland Governor and ECB council member Erkki Liikanen to hold a...

  • Sweden targets Pirate Bay again after complaint Wednesday, 10 Dec 2014 | 5:03 AM ET

    COPENHAGEN, Denmark— Swedish police have raided a server room in Stockholm in an action targeting the file-sharing website The Pirate Bay. Police spokesman Paul Pinder said Wednesday the raid took place after Rights Alliance, a Swedish Internet anti-piracy group, had reported Pirate Bay for alleged copyright violations. On its website, Rights Alliance head...

  • Pirate Bay taken down after Swedish police raid Tuesday, 9 Dec 2014 | 6:30 PM ET

    Dec 9- Swedish file-sharing website The Pirate Bay was taken down after Swedish police seized servers and computers from a server room in Stockholm. "We had a crackdown on a server room in Greater Stockholm because of a copyright infringement, and yes it was Pirate Bay," Paul Pinter, national coordinator, intellectual property crime at Stockholm County Police...

  • DIARY- Top Economic Events to Dec 19 Friday, 5 Dec 2014 | 7:01 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on economic outlook and monetary policy before the Council for Quality Growth- 1730 GMT. LONDON- Bank of England holds quarterly financial policy committee meeting. BRUSSELS- Meeting of euro zone finance ministers to discuss 2015 draft budgets.

  • DIARY - Top Economic Events to Dec 17 Thursday, 4 Dec 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Cleveland President Loretta Mester gives a morning keynote before the 2014 Financial Stability Conference hosted by the Federal Reserve Bank of Cleveland and the Office of Financial Research- 1345 GMT. WASHINGTON- U.S. Treasury Office of Financial Research Director Richard Berner gives a luncheon speech before the 2014...

  • *Telenor, TeliaSonera rally after deal to merge units. *Metro, Adidas sink on worries over exposure to rouble. PARIS/ LONDON, Dec 3- European stocks rose on Wednesday, led by Nordic exchanges after Norway's Telenor and Sweden's TeliaSonera agreed to merge their Danish operations.

  • *One in three Europeans will be over 65 by 2060. BERLIN, Dec 3- A boom in the number of older Europeans could spell big business for companies that cater to their changing needs- if they can tackle taboos and overcome outdated views of what "old age" looks like. After her "fiercely independent" mother became malnourished because she could not cook or chew the products in...

  • DIARY -Top economic events to Dec 15 Tuesday, 2 Dec 2014 | 7:01 PM ET

    CHARLOTTE, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the Charlotte Economics Club- 1730 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1900 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard and former Federal Reserve vice chair Donald Kohn...

  • DIARY - Top economic Events to Dec 16 Monday, 1 Dec 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Vice Chairman Stanley Fischer speaks at the Wall Street Journal's CEO Council annual meeting- 1315 GMT. LOS ANGELES- Federal Reserve Board Governor Lael Brainard gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting in Los Angeles. BRONX, United States- Federal...

  • DIARY - Top economic Events to Dec 11 Friday, 28 Nov 2014 | 7:02 PM ET

    BERLIN- ECB Executive Board member Sabine Lautenschlaeger gives a keynote speech at the Wirtschaftsgipfel 2014 "Wirtschaft neu denken- die Kraft der Innovation" organized by Suddeutsche Zeitung in Berlin- 1030 GMT. WASHINGTON- Federal Reserve Vice Chairman Stanley Fischer speaks at the Wall Street Journal's CEO Council annual meeting- 1315 GMT.

  • DIARY - Top Economic Events to Dec 9 Wednesday, 26 Nov 2014 | 7:01 PM ET

    MELBOURNE- Australian Treasury Secretary Martin Parkinson speaks in Melbourne, Australia- 0130 GMT. FRANKFURT- ECB board member Vitor Constancio participates in a press roundtable on the occasion of the " November 2014 Financial Stability Review" presentation organized by the European Central Bank in Frankfurt, Germany. LIMASSOL, Cyprus- 5th Limassol...

  • 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.

  • STOCKHOLM, Nov 23- Jacob Wallenberg, the 58- year-old head of one of Europe's most enduring family dynasties, is trying to work out how the empire controlling much of Sweden's economy could look with a woman or someone without the family name at the helm. Roughly 30 members of the sixth generation, aged between 15 and 30, are contenders to see if they could one day run...

  • DIARY - Top economic events to Dec 4 Thursday, 20 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Daniel Tarullo testifies on " Physical Commodities" before the Senate Homeland Security& Governmental Affairs permanent subcommittee on investigations in Washington- 1430 GMT. WASHINGTON- New York Federal Reserve Bank President William Dudley testifies to Senate Banking subcommittee on Financial...

  • DIARY - Top economic Events to Dec 3 Wednesday, 19 Nov 2014 | 7:01 PM ET

    MADGEBURG, Germany- Bundesbank Vice President Claudia Buch speaks in Magdeburg, Germany- 1730 GMT. VIENNA- ECB Governing Council member Ewald Nowotny to speak on "Understanding of economic matters" in Vienna- 1700 GMT. FRANKFURT- EU Council President Van Rompuy, ECB Supervisory Board Chair Daniele Nouy, ECB Executive Board member Sabine Lautenschlaeger to take...