Ukraine Recession Likely to Endure in 2015

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

Ukraine will suffer one of the deepest recessions in years as the country's economy struggles to regain momentum, the country's central bank chief said. According to Chairwoman Valeria Gontareva, gross domestic product will contract by around 7.5% this year. Inflation for next year is expected to remain high, at 17%-18%, but below the 25% rate expected this year.

China Plays Long Game With Ruble Deal -- Barron's Asia

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Wayne Arnold What new devilry is this? While all of Christendom was recovering from a day over-indulging on eggnog, figgy pudding and antics worthy of that new quadcopter drone, China was busy extending its financial tentacles. On Dec. 26, ...

Ukraine Central Bank Chairwoman: Recession to Endure into 2015

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Nick Shchetko Ukraine will suffer one of the deepest recessions in years as the country's economy struggles to regain momentum following a turbulent year, the country's central bank chief said Tuesday. National Bank of Ukraine Chairwoman Valeria Gontareva said ...

IRS Says Tax-Filing Season Will Start On Time in 2015

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By John D. McKinnon WASHINGT0N--The Internal Revenue Service will start processing paper and electronically filed tax returns on time on Jan. 20, despite late action by Congress this month on numerous temporary tax measures. The start of the filing season ...

Japan Ruling Parties Agree to Cut Corporate Tax Rate

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

TOKYO--Japan announced a plan Tuesday to reduce its relatively high corporate tax rate from spring, the latest push by Prime Minister Shinzo Abe to resuscitate his faltering growth-revival plan. Mr. Abe is following up on his pledge to boost the ...

U.S. Retail Sales Rise 5.4% in Christmas Week -- Redbook

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Angela Chen National chain-store sales rose 5.4% during Christmas week compared with a year ago, according to Redbook Research's latest indicator, released Tuesday. Sales in the first four weeks of December were up 4.7% from last year, just missing ...

ECB: Lending to Private Sector in Eurozone Improves

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Brian Blackstone FRANKFURT--Lending to the private sector in the eurozone improved in November compared to October but remained below the level of a year earlier, the European Central Bank said Tuesday, suggesting the flow of credit is slowly healing ...

Fortunes Diverge for U.K. and Its Stocks

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Tommy Stubbington The U.K. economy is picking up, but the country's stock market isn't. Amid all of Europe's struggles in 2014, the region's worst-performing major market index is London's flagship FTSE 100, which has fallen 3%. Even Italy, whose ...

Oil Prices Up Slightly Ahead of Inventory Data

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Nicole Friedman NEW YORK--Oil futures ticked higher Tuesday, rebounding slightly from multiyear lows on the belief that U.S. supplies fell last week. Oil prices have plunged in recent months on concerns that global supply growth is outpacing tepid demand, ...

Russia's Services Sector Output Falls in December

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Alexander Kolyandr MOSCOW--Russia's services sector output fell in December while input price inflation stood at the highest level since May 2008 and output prices also rose at the fastest rate since 2003, the HSBC's Russia Services Business Activity Index ...

Dollar Pulls Back After Recent Highs

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Ira Iosebashvili The dollar retreated against the yen and the euro on Tuesday, as investors took profits after the buck hit multiyear highs earlier in the day. Around 11:10 a.m. EST, the greenback was off 1.1% at Yen119.339, while ...

Pending Home Sales Expected to Rise 0.5% -- Data Week Ahead

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

The following are forecasts for this week's remaining data from a survey compiled by the Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Wednesday 0830 Jobless Claims Dec 27 290K (8) 280K 0945 Chicago Barometer Dec 60.0 (10) ...

Rupee Cushioned Against Stronger U.S. Dollar -- Barron's Asia

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Christy Tan An Upbeat India We maintain the view that the Indian rupee is probably better cushioned against the global USD recovery. From the macro perspective, India looks well positioned to register a higher growth performance in 2015. Our ...

Net trade balance at -SEK 0.7 billion in November

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

Statistical news from Statistics Sweden 2014-12-30 9:30 AM Nr 2014:582 Exports, imports and net trade balance, November 2014: Net trade balance at -SEK 0.7 billion in November In November 2014 Swedish exports of goods amounted to SEK 94.9 billion, while ...

Lithuanians Warm to Euro

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Juris Ka a Many Lithuanians once skeptical of the euro are now ready to embrace it. The former Soviet republic will become the 19th member of the common currency on Thursday--underlining its Western ties at a time it has ...

Lending to Eurozone Private Sector Improves

TODAY: March 30, 2015 PUB DATE: Dec. 30, 2014

By Brian Blackstone FRANKFURT--Lending to the private sector in the eurozone improved in November compared to October but remained below the level of a year earlier, the European Central Bank said Tuesday, suggesting the flow of credit is slowly healing ...