Australian economy is responding to low interest rates and already starts showing signs of stabilisation, the Reserve Bank of Australia said Tuesday.
Haruhiko Kuroda, who will become next governor of the Bank of Japan, stepped down as the President of Asian Development Bank on Monday, after eight years of leading the Manila-based multilateral lending bank.
Consumer prices in Britain increased at the fastest pace in nine months in February, sharpening the debate on whether the Bank of England should add more stimulus to the stagnant economy, the Office for National Statistics said Tuesday.
Construction of new homes in the world's largest economy nudged up in February, while building permits rocketed to the highest level in almost five years, demonstrating progress in the housing market that's helping boost the economy.
Confidence among German investor unexpectedly surged to a three-year high in March, suggesting Europe's largest economy will return to growth this year.
Benefiting from signs of a global recovery and upbeat sentiment on global financial markets, Swiss economy is now expected to grow more than initially was expected.
A reappointment of Masayoshi Amamiya, a mastermind of quantitative easing, is adding to signs that the Bank of Japan will soon introduce a radical shift in its policy framework.
The average asking price for property in Britain soared to its highest level ever recorded for the month of March, as the market begins to see encouraging signs of activity, according to the Rightmove House Price Survey.
Sentiment among home builders in the world's largest economy slipped to the lowest level in five months, as supply chains concerns and rising costs weighed on enthusiasm.
The 17-nation bloc posted a trade deficit in the first month of 2013, the European Union's statistics office Eurostat said Monday.
Producer and imports prices in Switzerland improved in February, however, less than initially predicted, reflecting manufacturers' concerns about future economic performance of the country.
Japan's parliament has approved Shinzo Abe's all three nominations for the top three jobs at the BoJ, suggesting more aggressive easing is expected to be introduced soon.
The U.K. economy is expected to start recovering after a slump in 2012, the Bank of England Governor Mervyn King said on Friday.
Consumer prices in the world's largest economy soared in February at the fastest pace in more than three years, as the cost of gasoline surged, the Labor Department reported Friday.
Inflationary pressure in the Eurozone eased in February, adding to signs that governments and central bankers can increase their stimulus programmes, as the region's leaders seek to shift their focus to reviving economic growth.
The Swiss National Bank pledged its readiness to keep up its defence of the franc cap, after almost doubling its currency reserves.
Japan's industrial output rose in the first month of 2013, however, at a slower pace than a month ago, the Ministry of Economy, Trade and Industry said Thursday.
The Bank of England is widely expected to inject more money into the struggling economy this year, and the announcement of the increase of asset purchase programme may be made during March's Monetary Policy Committee (MPC) meeting.
The number of Americans who lost their jobs dropped unexpectedly during the last week, supporting the argument for the Federal Reserve to remove its ultra accommodative monetary policy stance earlier than expected.
The number of people holding down jobs in the Eurozone fell to its lowest point in nearly seven years in the final three months of 2012, according to the European Union's statistics agency Eurostat.
The economy of Britain's capital has been outperforming the rest of the nation's economy since 2007, the Office for National Statistics said Wednesday.
Sales of the U.S. retailers surged in February by most in five months, even despite possible tax increases.
Activity of manufacturers, mines and utilities in the 17-nation currency bloc fell more than initially was expected at the start of 2013, the EU's statistics office Eurostat said on Wednesday.
A measure of consumer confidence among Australians increased for the third month in a row in March, as people grew more upbeat about the economic outlook and their own finances, since lower rates improved domestic demand. According to the Westpac-Melbourne Institute, a gauge of consumer sentiment showed a reading of 110.5 in March, 2% higher from the previous month's reading