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  • China's inflation rate declines in November Tuesday, 9 Dec 2014 | 11:11 PM ET

    BEIJING— China's inflation rate fell further in November as the rise in food prices moderated, giving Chinese leaders room if needed to pump more stimulus into the slowing economy. Low inflation gives Beijing room to cut interest rates or launch new stimulus spending with less concern about setting off a price spike. Beijing cut interest rates Nov. 22 in an...

  • Former Chinese economic planner jailed for graft Tuesday, 9 Dec 2014 | 9:59 PM ET

    BEIJING— A former deputy head of the agency that steers China's state-dominated economy was sentenced Wednesday to life in prison for taking bribes, adding to a growing toll of prominent figures ensnared in a spreading anti-corruption crackdown. Liu Tienan was accused of receiving 36 million yuan in bribes from five companies, including petrochemical and...

  • BEIJING, Dec 10- China's annual consumer inflation eased to a five-year low of 1.4 percent in November, signalling persistent weakness in the world's second-largest economy and giving policymakers more room to ease policy to support growth. The consumer price index fell 0.2 percent in November from October, the National Bureau of Statistics said on...

  • MOSCOW, Dec 9- Russia's central bank will raise its key lending rate by one percentage point later this week to try and halt the rouble's slide, most contributors to a Reuters poll of 17 analysts predicted on Tuesday. "We think that the central bank will increase rates by a percentage point, maybe by one and a half, in order to try to stabilise the situation on the forex...

  • Small investors add fuel to China's big stock boom Monday, 8 Dec 2014 | 5:15 AM ET

    BEIJING— Gong Bin, a marketing employee in Shanghai, watched Chinese stock prices gallop upward for months before he finally gave in and put the equivalent of 2½ months' salary into the surging market. Even as a downturn in the world's second-largest economy deepens, Gong and a growing army of other small investors are riding a boom in China's volatile stock...

  • BEIJING, Dec 8- China's imports shrank unexpectedly in November while export growth slowed, fueling concerns the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. Exports rose 4.7 percent from a year earlier, while imports dropped 6.7 percent, the biggest drop since March, data...

  • *China releases host of data, to show speed of slowdown. BRUSSELS, Dec 7- The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated by Europe's malaise. "The key story is going to be in the euro zone," said James Knightley,...

  • *Inflation data due Dec 10 at 0130 GMT. *Money supply data Dec 10-15, activity indicators Dec 12. BEIJING, Dec 5- A deluge of China data over the coming week is likely to show a persistent cooldown in the world's second-largest economy, adding pressure on authorities to ramp up stimulus measures after unexpectedly cutting interest rates last month.

  • Beijing measures mobilise army of new stock investors Thursday, 4 Dec 2014 | 6:26 AM ET

    The flood of small investors suggests Beijing is finally persuading people to allocate capital more broadly to the economy, instead of betting it all on property, though the last policy-led stock rally ended in a brutal crash. Official data showed Chinese retail investors, who conduct 60-80 percent of stock trades in China, opened over a million new brokerage...

  • WASHINGTON, Dec 3- Washington's worries about the global economy until recently were dominated by concerns over China's currency policies. Now the Obama administration's toughest words increasingly fall on Europe. The United States has ratcheted up pressure on Europe in recent months to act decisively to help its economy, which Treasury Secretary Jack Lew...

  • In contrast, a survey covering China's services industry showed slightly faster expansion. "There are clear downside risks to various areas of the world economy including the euro zone and to some extent China," said Philip Shaw, chief economist at Investec. Markit's final November Composite Purchasing Managers' Index, based on surveys of thousands of...

  • MOSCOW, Dec 3- The rouble rallied on Wednesday in volatile trading with traders saying that Russia's central bank was again stepping into the market to try to halt the currency's slide. The whole question is what volumes it is limiting itself too, "said a trader at a large Western bank in Moscow. "In my view, to halt the speculative attack on the rouble, the central bank...

  • *Ministries sees GDP falling 0.8 pct in 2015 with oil at $80. MOSCOW, Dec 2- Low oil prices and sanctions imposed on Moscow over Ukraine will send the Russian economy into recession next year, government officials said on Tuesday, a dramatic change to an earlier forecast of 1.2 percent gross domestic product growth. The ministry cut its forecast for the average oil...

  • 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...

  • HONG KONG/ BEIJING, Nov 2- Property developers, among China's most heavily leveraged companies, will get a negligible lift from the country's first benchmark interest rate cut in two years as sales slip and banks pull back on lending to the sector. That prompted China's central bank to cut its benchmark lending rates by 40 basis points to 5.6 percent on Nov. 21,...

  • ANKARA/ MOSCOW, Nov 28- Russian President Vladimir Putin's visit to Turkey on Monday will have trade and energy issues at its heart, but is not expected to bridge deep differences over Syria and Crimea. The two issues have tested a relationship usually kept on track by mutual economic advantage: Russia is Turkey's main energy supplier, and Ankara is Moscow's...

  • MOSCOW, Nov 28- Russia's economy will eke out growth this year but shrink in 2015 as a slump in oil prices and Western sanctions imposed over Moscow's role in the Ukraine crisis drag on activity, a Reuters poll showed on Friday. "Private consumption expansion is slowing down at an alarming rate on high interest rates and a weakening rouble," said Danske Bank...

  • LONDON, Nov 27- Copper prices slipped on Thursday, weighed down by a strong dollar, although further falls were capped by support from monetary easing in top consumer China and an upturn in economic sentiment in Europe while a strong dollar capped gains. Three-month copper on the London Metal Exchange, untraded at the close, was bid at $6,555 a tonne, down 0.2...

  • LONDON, Nov 26- The impact of sub- $80 oil prices rippled across energy-exporting emerging markets on Wednesday, with investors betting other countries will have to follow Nigeria in devaluing their currencies. Brent crude remained firmly below $80 per barrel and around a third lower from June levels after Saudi Arabia signaled it was unlikely to push for a...

  • BANGALORE, Nov 26- India economic growth probably slowed to 5.1 percent in the July-September quarter from a year ago, but economists polled by Reuters doubted whether that would be enough to persuade the central bank to cut interest rates just yet. Clamours for the Reserve Bank of India to ease policy have grown louder in recent weeks. Upasna Bhardwaj, economist...