"We're engaged in a race against time, and in too many countries, too many people without a job -- in particular young people -- remind us that the battle is not yet won, and further efforts are needed " -EU President Herman Van Rompuy The number of unemployed people in the 17-nation economy soared to a fresh high in April,
Swiss economy expanded at a faster pace than it was initially expected
Japan's industrial production expanded more than expected in April
Housing market in the U.K. is continuing to gain pace, as home prices soared most in 18 months
A drop in government spending and tax hikes dragged more on the world's largest economy than initially thought in the first quarter of 2013, a sign of increasing pain from Washington's austerity measures.
European Union authorities decided to soften its demands for austerity measures, providing six members with more time to curb budget deficit back to the target level.
Australian construction sector took another hit in the quarter of 2013, even with borrowing costs close to record lows.
During his monthly policy meeting as a Governor of the Bank of Canada Mark Carney kept the main interest rate unchanged and noticed that tighter policy may be needed soon as the economic expansion progresses.
Sales at Britain's retailers dropped the most in 16 months, due to weak demand for food and drink, according to an index compiled by the Confederation of British Industry.
Concerns that the Federal Reserve may soon slow down the pace of its stimulus programme sent mortgage rates to the highest level in a year.
The number of unemployed people in Europe's largest economy increased more than four times as much as economists estimated this month, as long winter and further deterioration in the neighbouring Eurozone countries took their toll on German economy.
A cluster of economic data from Switzerland has emerged on Tuesday, sending mixed signals, as the nation's trade surplus narrowed, while the labour market improved.
Japan's retail sales eased to seasonally adjusted annual rate of –0.1% in April, indicating a noticeable improvement in retail trade amid the aggressive stimulus plan by the Japanese top officials, who aim to halt the nation's 15-year deflation and reach the 2% inflation goal.
Britain's four largest banks are going to eliminate around 189,000 jobs by the end of this year, bringing employment level to a nine-year low due to a dearth of revenue, and moreover, more cuts may follow.
Confidence among consumers in the world's largest economy jumped more than initially was expected in May, reaching a five-year high, lifted by an increased optimism for hiring and business conditions.
Spanish government led by the Prime Minister Mariano Rajoy failed to reach an agreement on more flexible means of how to reach the budget-deficit target of the regions.
The amount of cash held by the nation's commercial banks and the central bank inched higher last week, adding to signs that investors are getting less anxious over the Eurozone's financial woes.
Japan's corporate service price index unexpectedly declined last month, according to official data Tuesday.
House prices in the U.K. surged most in six years in May, as a shortage of properties boosted values in London, due to a very strong demand, a survey conducted by Hometrack showed Monday.
Despite belt-tightening in Washington, slowdown in heavy industry and businesses unwillingness to increase spending, consumers are the only one who are keeping the U.S. economy on track.
Amid growing tensions between the European Union and the world's second largest economy German Chancellor Angela Merkel claimed her readiness to reach an agreement with China over import tariffs in order to avoid triggering a damaging trade war.
New Zealand posted smaller than expected trade surplus last month, hit by a rise in petroleum imports which more than offset increasing meat exports from the country.
The Bank of Japan Governor Haruhiko Kuroda sees no signs of "excessively bullish expectations" in asset markets and believes that the nation is able to withstand increasing interest rates.
The number of mortgage approval in the U.K. reached the highest level in three months in April, though cautious consumers continued to reluctantly increase spending, and put all the money into their savings rather than take on new borrowing.