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  • 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...

  • *Ukraine losses in Q3 at 14.4 bln rbls. MOSCOW, Nov 20- Russia's second-largest bank VTB expects a tough end to the year after posting a 98 percent slide in third-quarter profit because of higher provisions for bad loans, an economic slowdown and losses over Ukraine. The state-controlled bank, which was sanctioned by the United States and European Union over...

  • LONDON/ BEIJING, Nov 20- Surveys sounded warning bells for the global economy on Thursday as euro zone businesses grew less quickly than any forecaster expected and China's factories lost momentum. Markit's Composite Flash Purchasing Managers' Index for November, based on surveys of thousands of companies and seen as a good growth indicator, fell to 51.4,...

  • *Oct exports +9.6 pct y/y vs f'cast +4.5 pct y/y. TOKYO, Nov 20- Japanese exports grew in October at the fastest pace in eight months, an encouraging sign that global demand could help the country recover from recession and support the central bank's optimistic economic outlook. "The trade data shows that exports will contribute to growth in the fourth quarter and...

  • TOKYO, Nov 20- Japanese exports grew in October at the fastest pace in eight months in an encouraging sign that global demand could help the country recover from an unexpected recession and support the central bank's optimistic economic outlook. "The trade data shows that exports will contribute to growth in the fourth quarter and help recoup some of the...

  • Why Japan's inflation goal is now within reach  Tuesday, 18 Nov 2014 | 7:02 PM ET

    The delay in sales tax hike, along with the BOJ's surprise stimulus, will help Japan to meet its 2 percent inflation goal, says Takuji Okubo, Principal & Chief Economist at Japan Macro Advisors.

  • What a fresh mandate means for Japan's Abe  Tuesday, 18 Nov 2014 | 6:46 PM ET

    Japanese Prime Minister Shinzo Abe called a snap election late Tuesday. Scott Seaman, Senior Analyst, Asia at Eurasia, discusses the rationale behind the move.

  • *No policy change seen after Oct. 31 stimulus. TOKYO, Nov 19- The Bank of Japan is expected to hold policy steady when its two-day meeting ends on Wednesday, but what it has to say about the country's slide into recession may unsettle markets already digesting the government's decision to call a snap election. Having stunned markets with a surprise monetary easing...

  • METALS-Copper slips on weak China property sector Tuesday, 18 Nov 2014 | 5:54 AM ET

    *China home prices fall for second consecutive month in Oct. LONDON, Nov 18- Copper prices dipped on Tuesday, as disappointing property sector data from China raised concerns about the outlook for demand from the world's top metals consumer. Copper prices have stayed between $6,500 and $6,800 a tonne since mid-September.

  • Sun not rising on Abe's Japan  Monday, 17 Nov 2014 | 2:01 PM ET

    Japan is officially in recession. CNBC's Michelle Caruso-Cabrera looks at the Japanese stock market.

  • investors in 2015- Northern Trust@. Wayne Bowers, head of asset management for EMEA and Asia at Northern Trust, said European markets could defy the "structural pessimism" of many investors, with central bank stimulus lifting asset prices even if the economic impact takes many months to filter through. On Japan, Bowers said that though economic data makes grim...

  • Japan's recession hits Nikkei  Monday, 17 Nov 2014 | 7:06 AM ET

    Tom Lee, Fundstrat Global Advisors, discusses the root causes of Japan's recession and its impact on global markets.