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  • Bank of Japan business survey shows tepid outlook Sunday, 14 Dec 2014 | 7:24 PM ET

    TOKYO— Japanese businesses are cautious over prospects for a recovery, according to a quarterly central bank survey released Monday that showed a mixed outlook for the world's third-largest economy. The results of the Bank of Japan's "tankan" highlight the challenges Prime Minister Shinzo Abe faces following a landslide election victory Sunday.

  • UN predicts increased global economic growth Wednesday, 10 Dec 2014 | 10:31 AM ET

    UNITED NATIONS— UNITED NATIONS— The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions. The World Economic Situation and Prospects 2015 report says business investment will be a major driver in the United States, growth in the world's least developed economies...

  • WASHINGTON, Dec 9- U.S. states' revenues are growing at a faster clip than last year, mostly due to the brightening national economic picture, and are stabilizing the governments' budgets, according to a nationwide survey released on Tuesday. "Economic growth and declines in the unemployment rate have led to an improved outlook for state revenues in fiscal 2015,...

  • *Austria's Nowotny distances himself from hard-line Germany. FRANKFURT, Dec 8- The euro zone's economy is weakening' massively', one of the European Central Bank's policymakers warned on Monday, saying that printing fresh money to buy state bonds could help to stop the slide. Speaking in Germany, the head of neighbouring Austria's central bank advocated a more...

  • TOKYO, Dec 8- The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2 percent in the year from April look ever more ambitious, just three months after it eased monetary policy to keep the goal in sight. The BOJ surprised markets on Oct. 31 with its decision to flood the market with cash to counter the...

  • Birth rate hits record low  Friday, 5 Dec 2014 | 2:51 PM ET

    U.S. birth rates have fallen for the 6th consecutive year. Joe LaVorgna, Deutsche Bank, chief U.S. economist, discusses whether this trend hurts the U.S. economy.

  • BERLIN, Dec 5- German industry orders rose far more than forecast in October and though the Bundesbank dampened the mood by slashing its growth forecasts for Europe's largest economy, its president said there were signs current weakness would soon be overcome. Industrial orders surged by 2.5 percent on the month in October thanks to strong domestic demand...

  • Kremlin aide plays down recession forecast for 2015 Thursday, 4 Dec 2014 | 3:46 AM ET

    MOSCOW, Dec 4- Kremlin economic adviser Andrei Belousov said on Thursday a forecast that the Russian economy will plunge into recession next year was a "technical mistake".

  • KREMLIN TOP ECONOMIC AIDE BELOUSOV SAYS RECENT RECESSION FORECAST FOR 2015 IS "TECHNICAL MISTAKE".

  • By Vladimir Abramov and Lidia Kelly. MOSCOW, Dec 2- The Russian rouble gave up early gains on Tuesday after the Economy Ministry said it expects a recession next year and sees the currency remaining weak. But the Economy Ministry said that lower oil prices and sanctions imposed on Moscow over its role in the Ukraine conflict will cause gross domestic product to...

  • NICOSIA, Dec 1- Bailed-out Cyprus is expected to return to growth in 2015, while capital controls imposed during a chaotic bailout in 2013 could be completely dismantled soon, its central bank governor said on Monday. Cyprus slipped into recession in 2011. Data in November showed the economy shrinking by an annual 2.2 percent in the third quarter, from 2 percent...

  • NICOSIA, Dec 1- Cyprus is expected to return to growth in 2015 and this year's slowdown should be shallower than expected, its central bank governor said on Monday. "I'm optimistic 2015 will be a year where Cyprus will return to growth, the signs of recovery are faster," Georghadji, who also represents Cyprus on the Governing Council of the European Central Bank, told...

  • WASHINGTON, Nov 25- The U.S. economy grew at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand. The Commerce Department on Tuesday raised its estimate of GDP growth to a 3.9 percent annual pace from the 3.5 percent rate reported last month, reflecting upward...

  • WASHINGTON, Nov 25- U.S. economic growth was far stronger than initially thought in the third quarter, pointing to strengthening fundamentals that should support the economy for the rest of the year. The Commerce Department on Tuesday raised its estimate of gross domestic product to a 3.9 percent annual pace from the 3.5 percent rate reported last month,...

  • WASHINGTON, Nov 25- U.S. economic growth was far stronger than initially thought in the third quarter, pointing to strengthening fundamentals that should support the economy for the rest of the year. The Commerce Department on Tuesday raised its estimate of gross domestic product to a 3.9 percent annual pace from the 3.5 percent rate reported last month,...

  • OECD sees gradual world recovery, urges ECB to do more Tuesday, 25 Nov 2014 | 5:30 AM ET

    PARIS, Nov 25- The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday. The United States and Britain will grow more strongly then the euro zone and Japan and, among emerging countries, India, Indonesia...

  • TOKYO, Nov 25- Japan needs a credible plan to reduce its debt to contain the risk that the Bank of Japan's quantitative easing could cause inflation expectations to spike, the Organisation for Economic Cooperation and Development said on Tuesday. Delaying the second increase has eased concerns about the economic outlook, but it has also raised worries Japan is...

  • *Oct. 31 easing aimed at eradicating deflation mindset-Kuroda. NAGOYA/ TOKYO, Japan, Nov 25- Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.

  • Mixed signals from U.S. economy confound Fed: paper Monday, 24 Nov 2014 | 1:00 PM ET

    SAN FRANCISCO, Nov 24- Conflicting signals from economic data are making it hard for the U.S. The so-called Taylor rule, named after its author Stanford University professor John Taylor, generates an estimate for the appropriate level of interest rates based on the rate of inflation and the level of economic slack. "Determining whether the economy is...

  • NEW YORK, Nov 21- Big money to the Fed: You're going nowhere next year. Add in the risk of a recession in Europe, renewed recession in Japan and disappointing growth in China, and it all adds up to "later, lower, longer," says Prudential Investment's Greg Peters, effectively summing up the Fed outlook from the buy side. Peters, who oversees more than $534 billion of fixed...