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U.S. Posts Biggest Monthly Budget Surplus in 5 Years

13/05/2013
The U.S. government posted its biggest monthly budget surplus in five years as record revenues bolster federal

Fed's George Pushes for Exit From Bond-Buying Program

13/05/2013
The president of the Federal Reserve Bank of Kansas City on Friday continued to push for the nation's central

G7 Agreed More Demand Needed in EU Surplus Countries

13/05/2013
Boosting demand in the recession-hit euro zone would be aided by higher domestic demand in countries with

Schaeuble Signals Support for Easier European Austerity

12/05/2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying

Euro-Zone 1Q GDP Contraction Seen Smaller Than 4Q

12/05/2013
Economic weakness across the euro zone will likely be confirmed in the week ahead with the first release of first-quarter gross domestic product

Bernanke Sees Important Risks in Wholesale Funding

12/05/2013
Federal Reserve Chairman Ben S. Bernanke said risks persist in wholesale funding markets used frequently by Wall Street brokers to finance

G-7 to discuss ways to 'nurture recovery'

12/05/2013
The role of central banks in shoring up the global economic recovery is set to be a key point of discussion among top financial officials from the world's

Greece says steadily beating austerity targets

11/05/2013
Greece says its painful austerity program is making progress, with the country's first-quarter budget deficit falling to less than half the sum initially forecast.

German exports 0.5 percent higher in March

11/05/2013
German exports rose 0.5 percent in March compared with the previous month, a figure that follows promising data on industrial orders and production in Europe's

Italy's Poorest Households Face Much Higher Inflation Rates than Wealthiest -Istat

11/05/2013
Low-income Italian households face higher inflation rates than their wealthier compatriots, according to a new

China April New Yuan Loans, Money Supply Exceed Estimates

11/05/2013
China’s new local-currency loans exceeded estimates last month while money supply expanded at a faster pace, central bank data showed

Italy to Approve EUR15 Billion In Cuts, a "Trifle," Berlusconi Aide Says

11/05/2013
Italy will approve up to 15 billion euros ($19.6B) in tax cuts, a "'trifle' given annual public spending is more than 50 times as large",

Obama-Companies Plan Topping $43.7 Billion in Brazilian Exports

11/05/2013
The Obama administration is setting out to help exporters get in on Brazil’s building boom even as it spars with the region’s biggest

U.K. March Visible Trade Gap Narrows

11/05/2013
The U.K. visible trade deficit decreased slightly in March largely due to an increase in exports, the Office for

Homebuilders can't find enough qualified workers

11/05/2013
U.S. builders and the subcontractors they depend on are struggling to hire fast enough to meet rising demand

Hong Kong 1Q GDP up 0.2% Vs 4Q; Market Expected up 0.8%

11/05/2013
Hong Kong's economy grew 0.2% in the first quarter from the previous three months, slowing from the fourth

Japan's Amari Says Yen Fall Reflects U.S. Recovery

11/05/2013
Japan's economy minister said the yen's rapid descent against other major currencies reflects a recovery in

UK manufacturing output rebounds in March

11/05/2013
British manufacturing output rose in March, official data showed on Thursday, gaining for the second month in a

German Manufacturing Sales Continue To Decline

11/05/2013
German factory sales continued to decline in March, but at a slower pace compared to the previous month, a

Japan Eco Watchers Current Index Falls, Outlook Improves

11/05/2013
Japan's economy watchers' assessment of current situation weakened in April, while outlook for the economic
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