The Bank of England is considering introduction of negative interest rates to force banks to lend more to small businesses, amid concerns that current policies are not reaching the small and medium sized enterprises sector, as it was initially expected.
Confidence among U.S. consumers picked up much more than expected this month, as Americans shrugged off earlier worries over fiscal policy and tax increases, a report by the Conference Board showed Tuesday.
Silvio Berlusconi has ruled out an alliance with the former Italian Prime Minister Mario Monti on Tuesday and noticed that the results of elections are reflecting popular discontent with austerity measures.
The amount of cash Swiss commercial banks held with nation's central bank edged higher in the week to February 22, a sign that investors are getting less anxious over Eurozone's financial woes.
Japanese government is expected to nominate Kikuo Iwata to be the next Bank of Japan deputy governor. Iwata, who has been a vocal critic of BOJ policy, is known as an advocate of aggressive monetary easing.
The number of mortgage approvals in the U.K. fell unexpectedly last month, reflecting restrained borrowing appetite and low business confidence among investors.
The fact that the U.S. government will announce more budget cuts and the prospect for messy political fights over fiscal policy are expected to weigh on the economic growth this year, the National Association for Business Economics said Monday.
The centre-right coalition led by former Prime Minister Silvio Berlusconi is leading in the race for the Italian Senate, according to the latest polls.
The Canadian economy registered its lowest growth of consumer prices in more than three years last month due to a sharp decline in gasoline prices and clothing.
The average wage in the world's third largest economy edged higher for a third consecutive year in 2012, pointing at the improvement in the labour market, the Labor ministry said Thursday.
The U.K. tax authority has published names of tax evaders on Thursday as a part of efforts to address public anger over tax evasion at a time of economic austerity.
The U.S. Federal Reserve is likely to maintain its bond-buying programme at least until the end of this year in order to foster economic expansion.
The Eurozone economy is widely expected to shrink for a second year in 2013 due to higher unemployment and the fact that governments, consumers and companies curb their spending, the European Commission said on Friday.
The trade surplus in Switzerland widened last month on the back of strong exports of watches.
"The question is whether Abe's nominees can win opposition support"- Tomoaki Iwai, a political science professor at Nihon UniversityJapanese Prime Minister Shinzo Abe is trying to avoid the same situation, which happened in 2008, when the seat for the Bank of Japan governor was left open for weeks, so Abe is trying to find a candidate who will win vital
The U.K. saw its budget surplus widened last month, as the Treasury received the first payment of gilt- coupon income from the Bank of England's asset-purchase programme.
The number of Americans who lost their jobs surged more than expected during the last week, supporting the argument for the Federal Reserve to maintain its very accommodative monetary policy stance.
Manufacturing activity among Eurozone factories shrank further in February, adding to concerns that the economy struggled to recover from the deepest recession in almost four years.
Swiss economic sentiment improved more than initially was expected this month, proving that the economy gained momentum at the start of the year, according to Centre for European Economic Research.
The deficit in Japan's trade balance widened to a record high on energy imports and a weaker Yen, reflecting consequences of Prime Minister Shinzo Abe's policies that are pushing the currency lower.
The U.K. labour market is showing some signs of recovery in the beginning of 2013, as jobless claims fell more than expected and job creation surged, the Office for National Statistics said Wednesday.
Led lower by apartments, construction of new homes in the world's largest economy fell sharply in January, while the number of permits for future home building soared to the highest level since July 2008.
Consumer prices in Germany, Europe's largest economy, slowed in line with analysts' forecasts, while producer prices rose more than expected, the final data released by the Federal Statistical Office showed Wednesday.
Wholesale in Canada dropped in the last month of 2012 more than initially expected, mainly due to lower sales of computers and communications equipment, such as mobile phones, indicating weak domestic demand.