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Hong Kong Feb-Apr Unemployment Rate Steady as Expected at 3.5%

21/05/2013
Hong Kong's unemployment rate was unchanged at 3.5% in the three months ended April, the Census and

Swedish Banks Get No Mercy as EU Agenda Ignored

21/05/2013
Swedish Finance Minister Anders Borg said he won’t cave to pressure from banks or the European Union to

Too big to fail is now bigger than ever: Andy Xie

21/05/2013
The G-7 summit brought up too-big-to-fail (TBTF) financial institutions as a systemic risk to be addressed. The

Unemployment casts long shadow over EU summit

20/05/2013
European leaders gather this week for a summit overshadowed by rampant unemployment and the deepening eurozone recession, but with hopes

Home Sales Probably Rose Toward 2009 High

20/05/2013
Home sales (NHSLTOT) probably rose in April to the highest level in more than three years, extending gains in residential real estate that are giving the U.S. expansion a lift,

Sluggish growth to extend into May

20/05/2013
This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors banking on a steady pickup

BOE's King : More Needs to Be Done for U.K. Recovery

20/05/2013
The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said. "We are seeing

S&P Retains Negative Outlook On India

20/05/2013
Standard & Poor's maintained its negative outlook on India's 'BBB-' rating, indicating at least a one-in-three chance of a downgrade within the next twelve months.

Van Rompuy: EU May Consider Youth Job Plan at June Summit

20/05/2013
European Union President Herman Van Rompuy said overcoming youth unemployment is “the utmost priority today” and may be tackled

Blankfein Tells Welt Euro Breakup Risk Is Lower Than a Year Ago

20/05/2013
Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd C. Blankfein told a German newspaper the risk of a euro-region breakup or member

U.S. economy walks uneven path

20/05/2013
The bubbling U.S. stock market might get more pop this week from positive sales trends in housing, but danger signs lurk in other parts of the economy. Sales of new and

IIF sees robust growth and progress on diversification in GCC

20/05/2013
The Gulf Cooperation Council (GCC) countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, registered an average growth

India-EU trade talks fail to bridge gaps; ministerial meet unlikely

20/05/2013
In a set back to talks for the long-pending India-European Union (EU) free-trade agreement (FTA), the chief negotiators' meet today

China Home Prices Climb as Buyers Defy Government Curbs

20/05/2013
China’s new home prices rose in all but two cities in April, with housing values accelerating in key centers including Beijing and Shanghai

Global economy has a ‘long and fairly bumpy’ recovery ahead

20/05/2013
Spring may have sprung, but not all economists are sprightly about the outlook for the global economy.
In fact, as a Toronto audience

Denmark Shelves Euro Goal Indefinitely as Crisis Scars Last

20/05/2013
Denmark is shelving indefinitely its euro adoption goal as Prime Minister Helle Thorning-Schmidt says an exchange rate peg without full

Central Bankers Prisoner of Policy Guidance: Cutting Research

20/05/2013
Central banks should be careful what they say about the future if they want flexibility to set monetary policy.
Policy makers can become

China to invest more in Greece

20/05/2013
China is to increase its investment in Greece's port industry, and deepen its economic ties with the southern European country as it struggles to clear its massive

Greece eyes closer economic ties with China

20/05/2013
Greece is pledging deepened cooperation with China with major agreements in sectors such as trade, shipping and tourism, said Greek Prime Minister Antonis

Bundesbank chief says France must take deficit cuts seriously

20/05/2013
France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is
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