NEW YORK/ LONDON, Aug 22- Gold prices edged up on Friday as U.S. equities slipped, but gains were limited by fears over deflation after Federal Reserve Chair Janet Yellen said U.S. labor markets remain hampered by the effects of the Great Recession. Gold prices continued to hover just above a two-month low reached on Thursday.» Read More
WASHINGTON— Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks.
BERLIN, Aug 14- Germany's Chambers of Commerce cut its 2014 estimate for exports from Europe's biggest economy on Thursday due to the Ukraine crisis, but said even its lower forecast would not be achievable if the standoff between Russia and the West worsened.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigor by contraction in Germany and stagnancy in France.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.
*Outlook for Q3 bleak due to Russia- Ukraine tensions. BERLIN, Aug 14- Europe's largest economy Germany suffered a surprise contraction in the second quarter, raising doubts about whether it can prop up growth across a continent where tougher sanctions against Russia are already fueling business anxiety.
*Germany surprises by slipping into contraction. *France flatlines, government rips up growth forecast. BERLIN/ PARIS, Aug 14- Germany's economy shrank in the second quarter and France again failed to conjure up any growth, snuffing out any signs of a recovery in the euro zone which is now also weighed down by tit-for-tat sanctions with Russia.
MOSCOW, Aug 12- Russia appears for now to have escaped an economic contraction, but recession is still likely in the second half of the year as western sanctions over Ukraine bite, analysts warn.
Craig Botham, emerging market economist at Schroders, discusses the Russian economy and says that consumer purchasing power should continue to diminish as the Western sanctions hit.
KIEV, Aug 8- Ukraine expects that a decision on disbursement of a second $1.4 billion tranche of aid by the International Monetary Fund under a $17 billion loan programme will be adopted on Aug. 29, Central Bank chief Valeria Hontareva said on Friday.
FRANKFURT, Aug 7- The European Central Bank signalled on Thursday it stands ready to print money and buy bonds if the euro zone slides towards deflation and warned the conflict in Ukraine poses a serious risk to the bloc's economy.
*Russia plans to ban food imports from U.S., Europe. LONDON, Aug 7- German Bund yields dropped to a record low on Thursday as the European Central Bank warned that the Ukrainian crisis and tit-for-tat sanctions with Russia may threaten Europe's already fragile economic recovery.
ZURICH, Aug 7- Adecco, the world's largest staffing company by sales, expects a modest economic recovery to keep demand for temporary workers stable in Europe as it reported a slight slowdown in underlying revenue growth in the second quarter.
*Western bank still expects robust Russia profits. ESPOO, Finland/ MOSCOW, Aug 6- Finland warned on Wednesday that Russian retaliation against EU sanctions could push its economy into crisis, while President Vladimir Putin ordered curbs on food imports from countries that join the Western action over Ukraine.
Piers Curran, head of trading at Amplify Trading, says Italy and France are the euro zone's biggest concerns and that markets shouldn't expect the ECB to act until October.
*Asian growth outlook dims with feeble China, India recovery. BANGALORE, July 24- The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing property market, Reuters polls showed.
BRASILIA, July 18- The market is getting ahead of itself if it thinks Brazil's central bank could start cutting interest rates again to rescue a weakening economy, a member of the government's economic team told Reuters.
KIEV, July 18- The International Monetary Fund expects to decide within weeks on issuing the second tranche of a $17- billion bailout to Ukraine, whose economy is likely to contract by 6.5 percent this year, its Kiev mission chief said on Friday.
AIX-EN-PROVENCE, France, July 6- Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, hinting at a slight cut in the Fund's growth forecasts.
*Leveraged buyouts in Spain last year half of 2007 level. LONDON, June 30- In Spain, an uncertain economic outlook and high levels of company debt mean a trickle of private equity deals are unlikely to turn into a flood just yet. "The current hype is huge- everyone wants to get a deal," said Alex Wagenberg, managing director of Carlyle Europe Partners in Spain.
*May current account deficit $664 mln, vs April's $643 mln deficit. BANGKOK, June 30- Thailand's central bank signalled on Monday that Southeast Asia's second-largest economy would avoid recession this quarter and said manufacturing and consumption "started to show signs of recovery" in May.