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  • TOKYO, June 29- Japanese industrial output fell in May at the fastest pace in three months, adding to fears the economy may have contracted in the current quarter and putting the onus on consumers to drive a near-term rebound as exports remain in the doldrums. "We were expecting GDP to be flat in the second quarter, but now there is the possibility it could contract,"...

  • Russia economy still on the downhill slope: Pro Friday, 26 Jun 2015 | 12:33 AM ET
    Russia economy still on the downhill slope: Pro

    As the consumer and construction sectors continue to weigh on Russia, its economy could shrink 5 percent this quarter, says Chris Weafer, senior partner at Macro Advisory.

  • Is the worst over for Russia's economy? Thursday, 25 Jun 2015 | 11:46 PM ET
    Is the worst over for Russia's economy?

    Marcus Svedberg, chief economist at East Capital, expects Russia's gross domestic product to hit rock bottom in the April-June period, but says the economy will likely recover in the third quarter.

  • SEOUL, June 25- South Korea announced a stimulus package of more than 15 trillion won on Thursday, including a supplementary budget, and slashed its economic growth forecast for the year as a deadly outbreak of the MERS virus added to pressure on the already shaky economy. "I am concerned growth will lag below 1 percent for a fifth straight quarter into the second...

  • SEOUL, June 25- The South Korean government said on Thursday it will pass a supplementary budget to counter economic fallout from the ongoing outbreak of Middle East. The finance ministry said the supplementary budget woud be part of measures to "reinforce finances" by more than 15 trillion South Korean won. The current account surplus is expected to reach $94.0...

  • *U.S. first quarter GDP sees second substantial revision. WASHINGTON/ SAN FRANCISCO, June 24- The Federal Reserve says it will depend on straightforward data analysis in deciding when to raise U.S. interest rates. The large, half a percentage point revision to estimated U.S. first quarter gross domestic product issued on Wednesday by the Bureau of Economic...

  • GDP contracting slightly in Q1 Wednesday, 24 Jun 2015 | 10:00 AM ET
    GDP contracting slightly in Q1

    The final revision for the United States' gross domestic product in the first quarter fell by 0.2% - less than previously estimated.

  • WASHINGTON, June 24- The U.S. economy contracted in the first quarter but less than previously estimated as it struggled with bad weather, a strong dollar, spending cuts in the energy sector and disruptions at West Coast ports. The Commerce Department said on Wednesday gross domestic product fell at a 0.2 percent annual rate in the January-March quarter instead...

  • The economy, as measured by the gross domestic product, shrank at a seasonally adjusted annual rate of 0.2 percent from January through March, the Commerce Department said Wednesday. "Growth should remain near 3 percent in the second half of the year as the dampening effects of a strong dollar and oil industry slump fade," Sal Guatieri, an economist at BMO Capital...

  • U.S. first-quarter GDP revised to show slight contraction Wednesday, 24 Jun 2015 | 8:30 AM ET

    WASHINGTON, June 24- The U.S. economy contracted slightly in the first quarter as it struggled with bad weather, a strong dollar, spending cuts in the energy sector and disruptions at West Coast ports. The Commerce Department said on Wednesday gross domestic product fell at a 0.2 percent annual rate in the January-March quarter instead of the 0.7 percent pace of...

  • Final first-quarter GDP dips 0.2 percent Wednesday, 24 Jun 2015 | 8:30 AM ET
    Final first-quarter GDP dips 0.2 percent

    CNBC's Rick Santelli takes a deep dive into the nation's latest growth data. And David Blitzer, S&P Dow Jones Indices, and Lindsey Piegza, Stifel chief economist, add perspective.

  • Why this historic S&P lull may not be dull Tuesday, 23 Jun 2015 | 2:44 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The S&P 500 has barely budged in each of the last eight weeks. But there's a message in the market lull.

  • Business events scheduled for Wednesday Tuesday, 23 Jun 2015 | 1:46 PM ET

    WASHINGTON— Commerce Department releases first-quarter gross domestic product, 8:30 a.m.. BERLIN— Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy. Monsanto Co. reports quarterly financial results before the market opens.

  • Rapid update: Modest economic rebound Tuesday, 23 Jun 2015 | 1:07 PM ET
    Rapid update: Modest economic rebound

    CNBC's Steve Liesman gives a rapid update reporting on GDP estimates and home sales.

  • Market worth 5-10 percent more: Jeremy Siegel Monday, 22 Jun 2015 | 3:22 PM ET
    Jeremy Siegel

    If the Federal Reserve raises interest rates, the fourth quarter will be the best one of the year for the stock market, Jeremy Siegel said.

  • HAVANA, June 22- Detente with the United States appears to have helped Cuba's communist economy, which officials expect to grow 4 percent in the first half of 2015, in line with official forecasts. Gross domestic product growth was up from 1.3 percent, the latest official estimate for all of 2014. In December, Cuba aggressively forecast 4 percent growth for 2015...

  • Cuba sees first-half GDP growth of 4 percent Monday, 22 Jun 2015 | 8:32 AM ET

    HAVANA, June 22- The Cuban economy will grow 4 percent in the first half of 2015, in line with official forecasts on the strength of increases in sugar production, manufacturing, construction and trade, Economy Minister Marino Murrillo said. Gross domestic product growth was up from 1.3 percent, the latest official estimate for all of 2014. In December, Cuba...

  • Why Philippine growth will pick up soon Sunday, 21 Jun 2015 | 11:46 PM ET
    Why Philippine growth will pick up soon

    Marvin Fausto, founding president & board adviser at the Fund Managers Association of the Philippines, expects growth to pick up in the remainder of 2015 due to next year's elections.

  • Business events scheduled for the coming week Friday, 19 Jun 2015 | 1:51 PM ET

    WASHINGTON— Commerce Department releases durable goods for May, 8:30 a.m.; Commerce Department releases new home sales for May, 10 a.m.. WASHINGTON— Commerce Department releases first-quarter gross domestic product, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Commerce Department releases personal income and...

  • Here's why next week may be bad for stocks Friday, 19 Jun 2015 | 11:59 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Besides the first day of summer, next week heralds a potentially negative week for stocks, if seasonal patterns hold.