The amount of cash Swiss commercial banks held with nation's central bank rose slightly in the week to January 18, a sign that investors are getting less anxious over Eurozone's financial woes.
The Bank of Japan will have to slow its stimulus measures in case the appreciation of goods and the nation's currency go too far, according to Koichi Hamada, who's advising Prime Minister Shinzo Abe.
London home prices advanced most since February 2010 in January, indicating some improvement in the property market, according to Rightmove Plc.
After being re-elected for the second term and being the first African-American president, Barack Obama took the oath of office on Monday.
Price pressure at factories in the Europe's largest economy was weaker than it was initially expected due to lower energy costs, Germany's federal statistics office said Monday.
Manufacturing sales in Canada jumped more than expected in November, adding to signs that the economy growing amid a string of disappointing data and weak global demand for the country's goods.
The output at Japanese manufacturers, mines and utilities fell less than expected in November, indicating some positive signs for the world's third largest economy.
Britain's retail sales dropped unexpectedly in December, as consumer uncertainty extended into the key Christmas trading season for British stores.
Led by gloomier views on current conditions, sentiment among the U.S. consumers deteriorated further in January, reaching the lowest level in over a year.
The Greek parliament voted on Friday to investigate former finance minister George Papaconstantinou for allegedly interfering with a tax evasion probe.
"Japan's economy can emerge from recession in the first quarter as consumer spending and exports are expected to pick up"- Yasuo Yamamoto, senior economist at Mizuho Research InstituteActivity at Japanese tertiary industry dropped unexpectedly in November, indicating weak domestic demand in the world's third largest economy. According to the Ministry of Economy, Trade and Industry, a gauge, which measures the
Producer and import prices in Switzerland advanced less than initially was expected in December, due to higher domestic costs.
The U.K. economy is likely to lose its place among the world's top 10 largest economies, report by PriceWaterhouseCoopers showed on Thursday.
New applications for the unemployment benefits in the world's biggest economy dropped significantly during the last week, pointing to further improvement in the labour market.
The International Monetary Fund approved another tranche to Greece, saying nation's bailout programme is moving in the right direction.
U.S. shares accelerated on Thursday, with the S&P 500 reaching its highest intraday level in five years as optimism was brought to the market after a data showed decline in jobless benefits claims and a residential construction gain in December. The benchmark S&P 500 Index climbed 0.43% to 1,478.99, the Dow Jones industrial average added 0.46% to 13,572.72 and the
Manufacturing activity in the Philadelphia area decreased notably in the first month of 2013 as companies are becoming more concerned about the U.S. government spending abroad which could have a negative impact on economic growth. The Federal Reserve Bank of Philadelphia's general economic index fell from 4.6 in December to minus 5.8 in January, where reading below zero is used as a sign of
U.S. weekly fillings for unemployment benefits declined to its lowest level in five years as a sign of recovering domestic economy and labor market, the Labor Department reported on Thursday. Initial jobless claims for state benefits declined 37,000 and fell to a seasonally adjusted 335,000 the lowest figure since January 2008, and created the largest drop in a one-week period
Inflation of producer and import price in Switzerland declined in the last month of 2012, beat the expectation of economists though, when it fell to 1.0% in December from a November's 1.2%, the Federal Statistical Office reported on Thursday. On a monthly basis, the producer and import prices index recorded a modest gain of 0.1% following an unchanged November."Should the
Confidence among Japanese consumers dropped unexpectedly in December, adding to signs that people are getting more cautious about future economic performance of the world's third largest economy.
Retail sales in Switzerland rose in November, however, at a slower pace, indicating weak domestic demand and consumer spending, the country's Federal Statistical Office reported on Wednesday.
The U.K. construction sector and the economy itself are facing a prolonged recovery period, after the economy was hit by the global slowdown, cuts to public as well as private spending in all major sectors of the industry, the Construction Skills Network report said Wednesday.
Consumer prices for goods and services in the world's largest economy were flat in December, providing the Fed with more space to prop up the economy by staying on its ultra-easy monetary policy path.
Consumer prices among the Eurozone's 17 countries that have the Euro in circulation remained stable last month, despite a drop in energy prices across the region.