European Central Bank policymakers pressed governments on Monday to follow even stricter budget rules and open their books to external monitoring as they stepped up calls for a new carrot-and-stick approach to
Japanese Prime Minister Naoto Kan, stressing that tax reform was vital to repair the country's tattered finances, told a news conference that full-fledged debate on a sales tax rise would begin after
China's yuan surged on Monday the most since its revaluation in 2005, sending a clear signal ahead of this weekend's G20 summit that Beijing is sticking to its word of allowing greater
The biggest threat to Britain's economy is its huge budget deficit, and an emergency budget on Tuesday will save the country from the fate of debt-stricken Greece, British finance minister George Osborne
The euro zone has a strong programme in place to help debt-laden countries like Greece, and the euro is a very credible currency, ECB President Jean-Claude Trichet told Russia Today in an
The Australian dollar cut some of its earlier sharp gains and the euro pulled back from a four-week high against the dollar on Monday after a sign that China would proceed only
The volume of Greek government debt traded on the central bank's electronic system (HDAT) fell 87 percent month-on-month in May to 1.4 billion euros ($1.73 billion) from 10.6 billion in April, the
U.S. President Barack Obama urged G20 countries to accelerate financial reform and strengthen public finances in a letter released on Friday before the group's meeting in Toronto. In an apparent nod toward
World stocks rose for a ninth day running on Friday, extending a modest rally that has seen U.S. and European shares regain all their losses for the year as the worst fears
China told the rest of the world on Friday not to meddle with the way it manages the yuan, calling the exchange rate a sovereign matter for it alone to decide and
