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  • Japan GDP contraction larger than first estimated Sunday, 7 Dec 2014 | 7:09 PM ET

    TOKYO— Japan's economy contracted 1.9 percent in annual terms in the July-September period, according to revised data released Monday that confirmed a recession in the world's third-largest economy ahead of an election on Sunday. Data for both business and public spending were worse than anticipated. That in turn spurred a rally in share prices, which rose...

  • TOKYO, Dec 8- Japan's economy shrank an annualized 1.9 percent in July-September from the previous quarter, worse than a preliminary 1.6 percent contraction as capital expenditure fell more than initially estimated, revised government data showed on Monday. On a quarter-on-quarter basis, the economy shrank 0.5 percent in the third quarter, against a...

  • Japan's economy: is there a doctor in the house? Sunday, 7 Dec 2014 | 6:52 PM ET

    Japan's economy shrank an annualized 1.9 percent in the third quarter, worse than an initial reading for a 1.6 percent contraction, revised figures showed.

  • When will Japan private consumption recover?  Sunday, 7 Dec 2014 | 6:51 PM ET

    Izumi Devalier, Japan Economist at HSBC, explains why she's concerned about private consumption following Japan's revised third-quarter growth data.

  • Why Japan needs more than a weak yen  Sunday, 7 Dec 2014 | 6:18 PM ET

    Bart Van Ark, Chief Economist at The Conference Board, says Shinzo Abe's "third arrow" will help the economy accelerate more than a weaker currency.

  • SANTIAGO, Dec 5- The slide in oil prices will probably cut Canadian economic growth by 1/ 3 of a percentage point in 2015, not the 1/ 4 point the Bank of Canada estimated in late October, bank Governor Stephen Poloz told Reuters on Friday. He was speaking on the sidelines of an International Monetary Fund forum in Santiago two days after he held the central bank's...

  • SANTIAGO, Dec 5- The slide in oil prices will probably cut Canadian growth by 1/ 3 of a percentage point in 2015, not the 1/ 4 point estimated in late October, Bank of Canada Governor Stephen Poloz told Reuters on Friday. However, U.S. growth is a little stronger than previously forecast and this should offset some of the downward pressure from cheap oil, Poloz said on the...

  • OTTAWA, Dec 5- The labor productivity of Canadian businesses edged up by 0.1 percent in the third quarter of 2014 after posting a substantial 2.0 percent gain in the second quarter, Statistics Canada said on Friday. Statscan revised the second quarter increase up from an initial 1.8 percent. Real gross domestic product of businesses grew by 0.8 percent in the...

  • Draghi’s finger on trigger: Where next for euro? Friday, 5 Dec 2014 | 7:59 AM ET

    The euro could post gains before year-end, as traders wonder if and when the ECB will launch a broader asset-buying program.

  • By Christine Kim and Choonsik Yoo. SEOUL, Dec 4- South Korea's central bank released data showing rising deflationary risks, though it stuck by its earlier estimate that the economy grew 0.9 percent in the third quarter from the previous quarter, on a seasonally adjusted basis. "Deflation risks are clearly growing in South Korea, with wages and income remaining...

  • Korea Q4 GDP to weaken: Nomura  Wednesday, 3 Dec 2014 | 6:32 PM ET

    Young Sun Kwon, Senior Korea Economist at Nomura, explains his outlook for the last three months of the year and why he expects action on structural reforms and macro stimulus.

  • SEOUL, Dec 4- South Korea's economy grew a seasonally adjusted 0.9 percent in the third quarter from the previous three-month period, revised central bank data showed on Thursday, unchanged from earlier estimates made in October. It was higher than a 0.5 percent rise in gross domestic product during the second quarter over the January-March period.

  • Five months before a national election, Osborne said Britain's deficit would fall to 5.0 percent of gross domestic product in the 2014/ 15 financial year. That compared with a forecast of 4.9 percent made in March by Britain's independent budget office. The slightly slower pace of improvement largely reflects how Britain's strong economic recovery has not...

  • SINGAPORE/ SYDNEY, Dec 3- The dollar hit a seven-year peak against the yen on Wednesday, following a rise in U.S. bond yields and Federal Reserve officials' mostly upbeat comments on the outlook for the U.S. economy. The greenback also rose against the Australian dollar, which slid to a four-year low after data showed Australia's economy unexpectedly slowed last...

  • Watch out for Australia's Q4 GDP: Tribeca  Wednesday, 3 Dec 2014 | 12:15 AM ET

    If Australia's Q3 GDP report was bad, the last three months of the year will be much worse, warns Sean Fenton, Director & Portfolio Manager at Tribeca Investment Partners.

  • SINGAPORE/ SYDNEY, Dec 3- The dollar hit a seven-year peak against the yen on Wednesday, following a rise in U.S. bond yields and Federal Reserve officials' mostly upbeat comments on the outlook for the U.S. economy. Besides the psychologically key 120.00 yen level, the greenback faces resistance at about 119.56 yen, the 23.6 percent retracement of its 1985 to 2011...

  • World Bank: East Asia is strongest growing region  Tuesday, 2 Dec 2014 | 8:36 PM ET

    Axel Van Trotsenburg, Vice President for East Asia and Pacific at World Bank, outlines the organization's forecasts for the year ahead.

  • Weak Australia GDP sparks rate cut talk  Tuesday, 2 Dec 2014 | 7:33 PM ET

    Matthew Circosta, Economist at Moody's Analytics, says Wednesday's weak Q3 growth data adds pressure on the Reserve Bank of Australia to cut interest rates further.

  • Australia's growth slows in Q3, misses forecast Tuesday, 2 Dec 2014 | 7:31 PM ET

    Australia's economy grew at a slower-than-expected pace in the third quarter, underscoring growing concerns about its outlook and calls for the central bank to undertake easing measures.

  • *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...