MOSCOW, Dec 25- An economic aide to Russian President Vladimir Putin told journalists on Thursday that annual inflation would reach around 11 percent by the end of the year. "We've already reached 10.4 percent, around 11," Andrei Belousov said, RIA Novosti news agency reported. Finance Minister Anton Siluanov said on Thursday that inflation by the end of the year...» Read More
*Outlook remains weak as OPEC says will not cut production. LONDON, Dec 23- Brent crude oil rose above $61 a barrel on Tuesday after data showed the U.S. economy grew at its quickest pace in 11 years in the third quarter, outweighing downward pressure from a global glut and evidence of weak demand in other parts of the world. Brent for February rose $1.38 a barrel to a...
*Outlook remains weak as OPEC says won't cut production. *Brent could drop below $60, WTI to $50, says BofAML. LONDON, Dec 23- Brent crude steadied around $60 a barrel on Tuesday, under pressure from a supply glut but supported by forecasts of stronger economic data from the United States, the world's biggest oil consumer.
*Overall outlook remains weak on OPEC reluctance to cut output. *Brent could drop below $60 a barrel, WTI to $50, says BofAML. SINGAPORE, Dec 23- Oil prices slid back close to opening levels around $60.20 per barrel on Tuesday, after gaining earlier in the day on expectation of firm U.S. economic data due later on Tuesday.
*OPEC hopes economic recovery will spur fresh demand. *$100 seen as encouraging non- OPEC output. ABU DHABI, Dec 23- Arab OPEC producers expect global oil prices to rebound to between $70 and $80 a barrel by the end of next year as a global economic recovery revives demand, OPEC delegates said this week in the first indication of where the group expects oil markets to...
Overall outlook remains weak on OPEC reluctance to cut output. *Brent could drop below $60 a barrel, WTI to $50- BoAML. WTI crude futures rose over a dollar to a session high of $56.85 a barrel before dipping back to $56.11 at 0340 GMT.
According to the median of 11 economists' predictions, gross domestic product will fall 3.6 percent in 2015. After growth of just 0.5 percent this year, the recession will challenge President Vladimir Putin's promise last week that Russia can eventually recover from what he called "tough times". At the start of this year analysts forecast the economy would...
*Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
REUTERS POLL- RUSSIA 2014 INFLATION SEEN AT 10.1 PCT INFLATION BY END-2015 SEEN AT 9.2 PCT.
MOSCOW, Dec 22- Following are the results of a monthly Reuters poll of 11 economists on Russia's economic and foreign exchange outlook. For a story on poll click on. INDICATOR MEDIAN MEAN MIN MAX YR AGO.
Bob Doll of Nuveen Asset Management, thinks 2015 is the year investors move from disbelief to belief.
After a mixed year for housing data, David Berson, Nationwide Insurance, discusses the problem with the housing recovery, and whether owning or renting a house is a better investment.
Howard Ward of Gabelli Funds, shares his top ten reasons to buy stocks for the New Year. Bob Doll of Nuveen Asset Management, provides perspective.
The economy is getting better, but it will be bumpy, explains Bob Doll of Nuveen Asset Management. He thinks the Fed will raise rates next year.
Two pros discuss the juice behind the market right now, with Lindsey Piegza, Sterne Agee, and Thomas Manning, BP Wealth Management.
SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next but its revised projections were still seen as too optimistic, supporting expectations of an interest rate cut early next year. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent projected...
SEOUL, South Korea— South Korea lowered its growth forecast for next year, citing persistently weak sentiment among consumers and businesses. The finance ministry said Monday that Asia's fourth-largest economy will expand 3.8 percent in 2015. Six months ago, it forecast growth of 4.0 percent. In 2013, South Korea's economy expanded 3.0 percent.
SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next, but does see conditions perking up in 2015 as government stimulus measures and falling crude oil prices animate domestic consumption. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent...
CNBC's Bob Pisani reflects on the 275 IPOS this year, the most since 2000. He outlines IPO candidates for next year.
SAN FRANCISCO, Dec 19- U.S. inflation will likely still be "well below" the Federal Reserve's 2- percent target next year, but that won't stop the central bank from raising interest rates, a top policymaker said on Friday. "I would say at this point that June 2015 seems like a reasonable starting point for thinking about when liftoff could happen," San Francisco Federal...
SBB Research Founder & CEO Sam Barnett, discusses how he grew his quantitative hedge fund, and why he's optimistic about the technology sector.