DUBAI, Dec 28 (Reuters) - Gulf stock markets rose in early trade on Sunday, shrugging off a fresh decline in the price of oil after Saudi Arabia's government said at the end of last week that it would maintain spending at high levels in 2015.
in absolute amounts. Pg 31: Epstein presents data from the Blue Chip Economic Indicators, FOMC, BEA, as well as lower oil prices , to support his 3.5% GDP growth projection for 2015 vs a consensus of 3% . Pg 34: A deal on corporate taxes is unlikely
MOSCOW (Reuters) - Slumping oil prices have put Russia's economy on course for a sharp recession and double-digit inflation next year, government ministers said on Friday, as authorities scaled up a bailout for the first bank to succumb to this month's ruble crisis.
NEW YORK (Reuters) - Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya.
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MOSCOW (Reuters) - Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of more than 3 percent of gross domestic product if oil prices average $60 a barrel.
TOKYO (Reuters) - Japanese annual core consumer inflation slowed for a fourth straight month in November due largely to sliding oil prices , highlighting the challenges the central bank faces in achieving its 2 percent inflation target.
firm by market value. GAS shares advanced 3.68 percent, rebounding from Thursday's tumble triggered by a slip in global oil prices , while Hanoi-based lender Vietcombank climbed 3.01 percent in solid volume. Shareholders of Vietcombank, Vietnam
* But strong U.S. data supports oil prices (Updates prices, tweaks lead)
Vietnam's benchmark ended a three-day winning streak on Thursday, hit by selling in large-cap energy shares as global oil prices slid and investors stayed on the sidelines during the holiday season. The Thai SET index fell 1.3 percent to 1,504