The number of mortgages approved in the U.K. dropped unexpectedly last month, confounding expectations for a modest increase.
The Fed Chairman Ben Bernanke, speaking at the London School of Economics on Monday, said that the central bank's highly expansionary monetary policy is beneficial not only for the U.S recovery, but also for the world economy.
Struggling into the early-morning hours to avoid a collapse of Cyprus's banking system, the European officials agreed a bailout deal for Cyprus after a week of uncertainty.
Australian leading index improved in the first month of this year, suggesting that the economy is on the path of recovery, the Conference Board said Friday.
Average land price in Japan dropped at a slower pace for the third year in the 12 months to January, as demand was spurred by record low interest rates and buying by real estate investment trusts, the Ministry of Land, Infrastructure, Transport and Tourism said Friday.
On Friday, Chancellor of the Exchequer, George Osborne, unveiled tough Budget despite fears of another recession.
Earlier this month, Paul Ryan, who is a chairman of the House Budget Committee, claimed that the enormous national debt is weighing on the economy, however, economic data on labour and housing markets do not support this claim.
Falling confidence among investors in Europe's largest economy reflects nation's vulnerability to the problems afflicting the bloc's southernmost nations.
Swiss trade surplus narrowed last month, however, less than initially was expected, the Federal Customs Office said on Thursday.
Haruhiko Kuroda stepped in as a new governor of the Bank of Japan on Thursday.
Britain's retail sales unexpectedly bounced back in February, after previous month's slump, when heavy snowfall held back consumers, the Office for National Statistics said Thursday.
Signs of recovery in the world's largest economy have been underlined with latest data, pointing at the improvement in labour and property markets.
Activity at manufacturing and services sectors in the Eurozone deteriorated further in March, as the downturn intensified.
After seven consecutive months of gains a gauge of economic expectations fell in March, indicating that Swiss investors and analysts are now less optimistic about the economic outlook.
The Bank of Japan Governor Masaaki Shirakawa formally resigned Tuesday, clearing a way for his successor, Haruhiko Kuroda.
The number of unemployed people in Britain increased for the first time in a year, while average earnings growth fell to the lowest in over three years, the Office for National Statistics said Wednesday.
The U.S. Federal Reserve is expected to start reducing its $85 billion in monthly bond buying not earlier than the last quarter of 2013.
The 17-nation bloc current account surplus narrowed in the first month of 2013, dragged down by deficit for current transfers, the European Central Bank said on Wednesday
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.