CNBC's Louisa Bojesen looks at the Swedish economy and why policymakers at the country's central bank - the Riksbank' - have been dubbed "sadomonetarists".» Read More
Cristina Stenbeck sounds more like a Silicon Valley entrepreneur than the head of one of Sweden's most venerable family-controlled investment groups
*Sweden faces challenges of household debt, house price rises. STOCKHOLM, June 22- When Sweden's leftist opposition leader, a former welder, visited a disused factory in an old industrial town on his campaign trail, it was not to lament a bygone era but to tour new luxury apartments selling at around $6,000 a square metre.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the second 2014 Keizai Doyukai Members Meeting in Tokyo- 0600 GMT. FRANKFURT- ECB Vice President Vitor Constancio will hold a keynote speech at Concluding conference of the ESCB's Macro-prudential Research Network organized by the European Central Bank in Frankfurt- 0700 GMT.
LUXEMBOURG- Meeting of the Economic and Financial Affairs Council. BRUSSELS- ECB Executive Board member Yves Mersch speaks at the panel discussion on "What form of fiscal capacity does the EMU need? of the conference "Economic shock absorbers for the Eurozone: Deepening the debate on automatic stabilisers" in Brussels, Belgium.
*Commission to seek talks first with Ukraine, then Russia. BRUSSELS, June 17- The European Union's top negotiator in the gas price row between Russia and Ukraine is working to bring the two sides together again before mid-July, but said a weekend of bloodshed in Ukraine had made the task far harder.
*Volvo aims to beat China sales target for 2014- executive. A senior Volvo executive said the Swedish automaker would start exporting Chinese-made sedans, a long-wheel-based version of the S60 called the S60L, to the United States and the XC90 utility crossover to Russia as early as the end of next year.
MOSCOW- NORWAY'S STATOIL CEO LUND SAYS COULD INCREASE GAS SUPPLIES TO EUROPEAN UNION BUT COULD NOT REPLACE RUSSIAN GAS.
Volvo plans to start exporting Chinese-made cars to the United States and Russia as early as late next year, said the executive who requested anonymity because he is not authorised to speak with reporters.
*Russia and Ukraine fail to agree on gas price. KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace between the former Soviet neighbours.
*Russia and Ukraine fail to agree on gas price. KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace in the former Soviet republic.
KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace in the former Soviet republic.
MOSCOW, June 16- Russian natural gas exporter Gazprom reduced supplies to Ukraine on Monday after Kiev failed to meet a deadline to pay off its gas debts in a dispute that could disrupt supplies to the rest of Europe.
RUSSIA'S GAZPROM SAYS IT HAS FILED A LAWSUIT IN STOCKHOLM ARBITRATION COURT TO TRY TO RECOVER UKRAINE'S $4.5 BLN DEBT FOR GAS.
LONDON- Bank of England Governor Mark Carney says that British interest rates could rise sooner than financial markets expect in a surprisingly stark warning that monetary policy may start to tighten within months. -MARKETS- UK/ REACTION, moved, by Anirban Nag, 480 words.
David Bloom, global head of foreign exchange strategy at HSBC, comments on Sweden's economy and says central banks might have to use macro prudential tools to address other issues than inflation.
Treasury Under Secretary for Domestic Finance Mary Miller speaks before the 42nd Annual National Housing Conference Policy Symposium- 1315 GMT. DUBROVNIK, Croatia- 20th Dubrovnik Economic Conference organized by the Croatian National Bank in Dubrovnik, Croatia.
*Takata says more vehicles could be recalled. *7 million cars with Takata air bags recalled in last 5 years. TOKYO/ DETROIT, June 11- Takata Corp's safety crisis deepened on Wednesday after Toyota Motor Corp recalled almost 2.3 million vehicles globally, many for the second time, and the Japanese air bag maker warned that further fixes may be needed.
*Inditex sales up 11 pct from Feb to June 8. *Inditex to launch online in South Korea, Mexico, Tmall. MADRID, June 11- The world's two top fashion retailers Zara owner Inditex and Hennes& Mauritz reported strong sales growth on Wednesday, benefiting from a recovery in consumer spending in their core markets in Europe.
Treasury Secretary Jack Lew speaks before a breakfast meeting of the Economic Club of New York in New York. CAMBRIDGE, United States- U.S. Treasury Office of Financial Research Director Richard Berner speaks before the Inaugural Annual Public Conference of the Consortium for Systemic Risk Analytics in Cambridge- 1330 GMT.
LONDON- Bank of England's Andrew Gracie speaks to British Bankers Association cyber security conference- 0915 GMT. Speakers:- Portugal Finance Minister Maria Luis Albuquerque, IMF European Department Director Reza Moghadam, ECB Board Member Yves Mersch and National Bank of Poland President Marek Belka.