Japan's government has no plans of buying foreign currency denominated bonds as part of monetary easing, the Finance Minister Taro Aso claimed Tuesday.
"We're going to have to go shopping in world markets at a time when they will be very tight (on supplies) themselves"- Ofgem chief executive Alistair BuchananThe U.K. consumers will soon face higher energy bills, as he U.K. becomes more reliant on energy imports. According to the Ofgem chief executive Alistair Buchanan, the fall in nation's power production capacity is
Confidence among home builders in the world's largest economy turned lower unexpectedly this month, as builders faced higher material costs, the report by the National Association of Home Builders showed Tuesday.
Confidence among German investors soared to the highest level since April 2010 in February, adding to signs that Europe's largest economy is rebounding from its slump, according to the ZEW Center for European Economic Research.
The amount of cash Swiss commercial banks held with nation's central bank edged higher in the week to February 15, a sign that investors are getting less anxious over Eurozone's financial woes.
The Japanese government started to make arrangements to propose next governor of the Bank of Japan.
The average asking price for a property in Britain soared to its highest level since February 2008, as the market begins to see encouraging signs of activity, according to the Rightmove House Price Survey.
The U.S. President Barack Obama is expected to announce his plan on how to reduce the deficit and work with Republicans to avoid automatic budget cuts, White House Chief of Staff Denis McDonough said Sunday.
The Eurozone's current account surplus narrowed more than initially was expected, as surpluses for goods and services were partially offset by a deficit for current transfers.
Manufacturing sales in Canada sank more than initially was expected in the last month of 2012, reflecting weak activity in the manufacturing sector.
The industrial output in the world's third largest economy expanded in December, albeit slower-than-expected, the Ministry of economy, Trade and Industry showed Friday.
British retail sales dropped unexpectedly last month, as cold weather kept consumers at home and incomes remained under pressure, hurting spending on food, household goods and auto fuel.
Sentiment among the U.S. consumers soared to a three-month high in February, buoyed by signs of increased hiring and overall improvement in the labour market outweighing worries about a decline in future income.
The Eurozone posted an increase in its trade surplus in December, however, lower than expected, as imports fell steeper than exports, data by European Union's statistics office Eurostat showed on Friday.
Inflation expectations among Australian consumers rose for the second straight month in February, indicating high economic confidence, the Melbourne Institute Survey of Consumer Inflationary Expectations said Thursday.
The world's third largest economy shrank unexpectedly in the last quarter of 2012, falling deeper into the recession, while the Bank of Japan kept monetary policy steady and even raised its assessment of the economy.
The production of shale oil is likely to boost the world economy significantly, especially the U.K. adding up to £800 to each person's economic output in the country, according to a report from accountants PricewaterhouseCoopers.
The number of Americans who lost their jobs dropped during the last week, a sign of healing in the labour market.
The Eurozone economy slipped deeper into recession in the final three months of 2012, with the worst performance in almost four years, as the region's three biggest economies suffered slumping output.
Producer and imports price in Switzerland gained less than initially was estimated in January, indicating weak demand for goods and raw materials by manufacturers.
Activity within the Japanese tertiary sector jumped unexpectedly in the last month of 2012, indicating that consumers are getting less anxious over the world's third largest economy's outlook.
The inflation rate in the U.K. is widely expected to remain stubbornly high for longer than previously thought, while the economy has begun to recover, albeit slowly.
U.S. consumers increased their purchases of retail goods in January at a slower pace, suggesting that an increase in payroll taxes took a bite out of consumers' pay checks.
Production among the 17-nation Eurozone manufacturers showed a sharp turnaround in December, adding to signs that the region's economy is starting to recover, the statistical office of the European Union Eurostat said Wednesday.