Ruble Falls Amid Credit-Rating Concerns

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

MOSCOW--The Russian ruble slid to yet another all-time low against the dollar and the euro as investors wait for the latest report on the country's creditworthiness from Standard & Poor's Inc., expected later Friday. S&P; has Russia's low investment-grade credit ...

LONDON MARKETS: Oil Stocks Knock FTSE Lower For First Time In Four Days

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch)--Oil firms knocked the U.K.'s FTSE 100 index lower on Friday as oil prices slumped, offsetting relief that U.K. GDP numbers didn't miss expectations. The benchmark slid 0.5% to close at 6,388.73, breaking a three-day ...

Putin Reiterates Commitment to Free Floating Currency

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

MOSCOW--Russian President Vladimir Putin said Friday the country won't "burn up reserves thoughtlessly" as he reiterated his commitment to a free- floating currency. The Bank of Russia is planning to switch to an inflation targeting policy next year, abandoning its ...

Oil Prices Post Fifth Weekly Loss

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Nicole Friedman NEW YORK--Global oil futures posted a fifth weekly loss as concerns about high global supply continued to weigh on prices. Prices have tumbled for months as supply growth has outpaced demand. Market participants are waiting to see ...

Dollar Lower Against Yen On News of New Ebola Patient in US

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Hiroyuki Kachi The dollar was lower against the yen in Asia trade Friday, with news of a new Ebola patient in New York prompting investors to switch to the perceived safety of the Japanese currency. As of 0450 GMT, ...

South Korea's Economic Growth Picks Up in Third Quarter

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Kwanwoo Jun SEOUL--South Korea's economic growth picked up some pace in the third quarter, as a rebound in domestic demand supported by stimulus measures offset weak exports. Gross domestic product rose a seasonally adjusted 0.9% in the July-September period ...

U.K. Will Pay an Extra GBP2.1 Billion to EU

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

The U.K. will be required to contribute an additional EUR2.1 billion ($2.6 billion) to the European Union's budget, a move that will likely inflame euroskeptic sentiment in Britain and make it more difficult for U.K. Prime Minister David Cameron's Conservative ...

LONDON MARKETS: U.K. Stocks Slide Amid Ebola Fears; GDP Ahead

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- U.K. stocks headed lower on Friday amid a broader global selloff, ignited by concerns over reports of an Ebola case in New York City. Investors in London also waited for third-quarter U.K. economic ...

South Korea GDP Rises 0.9% in 3rd Quarter

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

SEOUL--South Korea's economic growth accelerated in the third quarter amid measures aimed at stimulating domestic demand. Gross domestic product rose a seasonally adjusted 0.9% in the July-September period from the previous quarter, after growing 0.5% in the second quarter of ...

Italy October Consumer Confidence Falls

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Liam Moloney ROME--Italian consumer confidence fell in October to its lowest level since February, as household sentiment on most issues declined as the country heads towards a third year of recession. Italy's consumer confidence index slipped to 101.4 in ...

French Unemployed +0.6% In Sep To 3.43 Million

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Sam Schechner PARIS--The number of unemployed people actively seeking work in France resumed its climb in September, complicating French President Francois Hollande's struggle to turn around a stagnating economy. The number of unemployed--defined as registered job seekers who are ...

Russian Ministers Warn Sanctions, Oil Prices May Harm Economy

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

MOSCOW--Russia's economy and budget may suffer if low oil prices and Western sanctions persist for some time, government ministers warned Friday. In the government's clearest acknowledgment so far of the pain Western sanctions and lower oil prices have inflicted on ...

Sanctions on Russia to Stay in Place, Germany's Merkel Says

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Matthew Dalton BRUSSELS--A cease-fire between Ukrainian troops and Russia-backed rebels in eastern Ukraine isn't being fully observed and thus European Union sanctions against Russia must remain in place, German Chancellor Angela Merkel told reporters early Friday morning. Ms. Merkel ...

German Consumer Confidence Set to Rebound in November -- Update

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Emese Bartha FRANKFURT--German consumer confidence is expected to rebound in November, a sentiment survey released Friday showed, signaling that citizens of Europe's largest economy have become less sensitive to conflicts across the globe and their impact on economic growth. ...

German GfK Nov Consumer Sentiment At 8.5 Vs 8.4 Oct

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Emese Bartha FRANKFURT--German consumer confidence is expected to rebound in November, a sentiment survey released Friday showed, signaling that citizens of Europe's largest economy have become less sensitive to conflicts across the globe and their impact on economic growth. ...

U.K. Will Have to Pay an Extra GBP2.1 Billion to EU Budget

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Matthew Dalton And Jenny Gross The U.K. will be required to contribute an additional EUR2.1 billion ($2.6 billion) to the European Union's budget, a move that will likely inflame euroskeptic sentiment in Britain and make it more difficult for ...

LONDON MARKETS: U.K. Stocks Slide Amid Ebola Fears

TODAY: Oct. 25, 2014 PUB DATE: Oct. 24, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- U.K. stocks headed lower on Friday amid a broader global selloff, ignited by reports of an Ebola case in New York City and offsetting relief that U.K. GDP numbers didn't miss expectations. The ...