The pace of growth in the vast U.S. services sector accelerated to its fastest rate in a year, indicating that executives of the biggest part of the economy were not concerned by the upcoming budget cuts.
Activity of the service sector in the 17-nation currency bloc contracted further in February, however, at a slower pace than previously, according to the Markit Economics.
The amount of cash Swiss commercial banks held with nation's central bank turned lower in the week to March 1, raising concerns that investors are getting more anxious over Eurozone's financial woes.
The Bank of Japan's newly nominated governor Haruhiko Kuroda said the bank will do whatever is needed to end 15 years of deflation in the world's third largest economy.
The start of automatic spending cuts in the U.S. has not altered a stalemate between Democrats and Republicans on America's fiscal future.
The output of Britain's construction sector shrank the most in more than three years in February, raising fears of a triple-dip recession, a report by the Markit and the Chartered Institute of Purchasing and Supply showed Monday.
The number of registered unemployed people in Spain rose less than expected last month, however, jumped beyond the 5 million mark for the first time, as the Eurozone's fourth-largest economy contracted and the government imposed steep spending cuts.
Switzerland's key manufacturing output index grew for a second consecutive month, albeit slower, as a slight appreciation in the Swiss Franc and renewed weakness in the Eurozone dragged on demand.
Consumer prices in the world's third largest economy dropped for the eighth time in nine months, highlighting the challenges facing the Bank of Japan in reaching its ambitious 2% target level.
Activity in the U.K.'s manufacturing sector unexpectedly contracted last month, reviving concerns that the economy may slip into a triple-dip recession.
Manufacturing activity in the world's largest economy expanded at the fastest pace in over a year and a half in February, due to a surge in new orders, the Institute for Supply Management's said Friday.
The rate of unemployment in the 17-nation currency bloc soared to a fresh record in January, indicating that the recession is engulfing more and more businesses, figures from the EU's statistics office, Eurostat, showed Friday.
Consumer prices in the 17-nation currency bloc turned lower to 2.0% from January 2012, down from 2.2% in December, and on par with the ECB's 2% inflation target, as consumers had to pay more for goods and services.
The growth of the Swiss economy slowed in the last three months of 2012. However, despite a slowdown it performed better than most analysts had forecasted and better than other European countries.
Japanese Prime Minister Shinzo Abe nominated Asian Development Bank President Haruhiko Kuroda to lead nation's central bank, as Abe seeks a more aggressive regime in order to overcome decades of deflation.
Consumer confidence in Britain remained flat in February from the previous month, as optimism about personal finances soared to the highest in almost two years, a report by researchers GfK NOP showed on Thursday.
The world's largest economy barely grew in the fourth quarter, erasing a previously estimated contraction, the Commerce Department said Thursday.
Switzerland's economic momentum slipped for the fourth consecutive month in February, however, a smaller-than-expected drop implies a chance it will turn a corner next month.
Sales at Japan's retailers struggled to regain pace at the beginning of this year, reflecting customers' unwillingness to increase spending even despite Shinzo Abe's pledge to introduce more bold measures soon.
Britain's economy contracted in the last three months of 2012, but at the same time grew more than previously thought during the last year, figures from the Office for National Statistics showed Wednesday.
Orders for durable goods in the world's largest economy plunged 5.2%, reflecting the biggest slump in defence bookings in a decade.
Confidence among consumers and investors in the 17-nation currency bloc improved for the fourth consecutive month in February, adding to signs that region's economy may be emerging from a recession, the European Commission said Wednesday.
The number of employed people in Switzerland fell less than predicted in the last three months of 2012, the report by Swiss Statistics showed Tuesday.
Haruhiko Kuroda, who ran the nation's currency policy and then built an international reputation, leading the Asian Development Bank, is likely to become the next Governor of the Bank of Japan.