Japan's economy shrank at a record pace in the first quarter and its ability to turn some modest growth ahead into a lasting recovery will hinge on how soon the global economy
Oil slipped from a six-month high above $60 a barrel on Tuesday along with other commodities and stock markets as data showed U.S. housing starts fell to a record low in April,
New U.S. housing starts and permits unexpectedly fell to record lows in April, a government report showed on Tuesday, denting hopes that stability in the housing market was imminent. The Commerce Department
Investor sentiment in Germany has risen to the highest level in nearly three years, data showed on Tuesday, reflecting the views of policymakers who have said the global economy may recover by
The Cyprus Employers and Industrialists Federation (OEV) has put forward a series of measures to help deal with the global economic crisis. The Federation advocates a conservative policy on salaries and prices,
Oil rose to a fresh six month high above $60 a barrel on Tuesday as unrest in key producer Nigeria and a U.S. refinery outage kindled concerns over oil fundamentals after weeks
British consumer price inflation fell more than expected in April to its lowest level in more than a year in April because of the declining cost of food and energy, official data
Oil rose above $57 a barrel on Monday as traders saw the previous session's near 4 percent fall as excessive and violence in Africa's top oil exporter Nigeria lent support. Nigeria's main
Moody's stripped Japan of its coveted AAA rating on its foreign currency debt on Monday, rekindling some speculation that other major economies may pay for their efforts to revive growth with credit
EU foreign policy chief Javier Solana said on Monday that the European Union should consider toughening sanctions on Myanmar over its treatment of opposition leader Aung San Suu Kyi who faces trial
