The economy of Japan still need to be supported from ultra-loose monetary policy even with budding recovery signs, the senior IMF official Mitsuhiro Furusawa said.
The Board of Governors of the Fed reported that the US Consumer Credit increased to $16.43B in March, up from the downwardly revised figure of $13.75B in February.
The earnings of the largest US mortgage financier, Fannie Mae, declined to $2.8 B in the first quarter of 2017, down from $5.0B in the prior quarter.
The French presidential candidate Emmanuel Macron stretches his lead over his main opponent Marine Le Pen, polls show.
The US unemployment rate declined to 4.4% in April to the lowest level since May 2007.
The US nonfarm payrolls increased by 211T jobs in April after an increase of 79T in March, the Labour Department said on Friday.
Angela Merkel, the German Chancellor, called for constructive and fair negotiations with the UK over Brexit, aiming to retain a good partnership.
The Ivey Business School reported on Friday its PMI increased to 62.4 in April, up from 61.1 observed in the preceding month, beating expectations for a 62.3 rise.
US non-farm payrolls jumped 211K in April from the downwardly revised figure of 79K in March, surpassing analysts' expectations for a 185K increase.
Statistics Canada reported that the seasonally adjusted number of unemployed people fell to 6.5% in April, while analysts anticipated rate to be unchanged at 6.7%.
German authorities announced on Friday that German Turks will not be allowed to vote in the upcoming Turkish referendum on the reintroduction of the death penalty.
Facebook has revealed that there is scheduled a trial for September 26 2017 for the lawsuit between Facebook shareholders and the company. The reason is the fact that Zuckerberg wants to create non-voting shares of the company.
North Korea accused the Central Intelligence Agency and South Korean intelligence service of making a plot to assassinate the leader of the country. Supposedly the agencies paid a North Korean agent only 20,000 US Dollars on two occasions for the service.
On the second day of the renewed offensive the Iraqi Army pushed further and gained a foothold in the northwestern part of Mosul. These are the latest gains in the seven month campaign against Daesh.
The bad loan ratio of fifteen Indonesian banks decreased in the first quarter while profits grew, thus improving their prospects for the given year.
The Greek Prime Minister Alexis Tsipras presented to legislators today the bailout agreement reached with the EU and the IMF on Tuesday. He added that any additional savings would be allocated to the Greeks.
The Indonesian economy expanded at an annualised 5.01% pace in the March quarter amid higher exports of commodities and stronger oversees demand.
On Friday, the Saudi Arabian OPEC Governor said that OPEC and non-OPEC members would likely extend the production cut deal beyond June.
The Chinese Finance Minister Xiao Jie missed today's meeting with his counterparts from South Korea and Japan due to domestic issues.
In a statement released on Friday, policymakers from major Asian states warned that a shift to protectionism is set to pose downward risks to growth prospects in the world.
The headline Markit Retail PMI for the Euro zone surged to 52.7 over the month of April from the 49.5-point reading observed in March, marking the steepest advance since mid-2015.
As reported by Reuters on Friday, Volkswagen has been targeting stable gains in productivity by cutting on costs and producing cars with higher margins in order to recover from the scandal related to emissions.
The Japanese Minister of Finance Taro Aso claimed on Friday that Xiao Jie, his counterpart in China, failed to attend a meeting that was scheduled between Finance ministers of the two countries and Korea due to "policy issues".
The British retailer Marks&Spencer has named Archie Norman as the new chairman, the company reported on Friday. His predecessor Robert Swannell retires on 1 September.