Consumer confidence in Britain remained flat in February from the previous month, as optimism about personal finances soared to the highest in almost two years, a report by researchers GfK NOP showed on Thursday.
The world's largest economy barely grew in the fourth quarter, erasing a previously estimated contraction, the Commerce Department said Thursday.
Switzerland's economic momentum slipped for the fourth consecutive month in February, however, a smaller-than-expected drop implies a chance it will turn a corner next month.
Sales at Japan's retailers struggled to regain pace at the beginning of this year, reflecting customers' unwillingness to increase spending even despite Shinzo Abe's pledge to introduce more bold measures soon.
Britain's economy contracted in the last three months of 2012, but at the same time grew more than previously thought during the last year, figures from the Office for National Statistics showed Wednesday.
Orders for durable goods in the world's largest economy plunged 5.2%, reflecting the biggest slump in defence bookings in a decade.
Confidence among consumers and investors in the 17-nation currency bloc improved for the fourth consecutive month in February, adding to signs that region's economy may be emerging from a recession, the European Commission said Wednesday.
The number of employed people in Switzerland fell less than predicted in the last three months of 2012, the report by Swiss Statistics showed Tuesday.
Haruhiko Kuroda, who ran the nation's currency policy and then built an international reputation, leading the Asian Development Bank, is likely to become the next Governor of the Bank of Japan.
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