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U.S. Import Prices Drop In Line With Estimates In Apri

15/05/2013
Import prices in the U.S. fell in line with economist estimates in the month of April, according to a report

China Money Rate Drops to One-Month Low on Signs Inflows Rising

15/05/2013
China’s money-market rate dropped to a one-month low on speculation rising inflows of foreign capital will help

EU Should Rely on Transactions for Indexes, Barnier Says

14/05/2013
Tighter supervision of how banks calculate benchmark indexes is unlikely to lead to rules which ban the use of estimates rather than actual

Spain Home Expropriation Plans Seen Violating EU Bailout

14/05/2013
Spanish politicians trying to cushion the blows of austerity plan to seize foreclosed homes to house the needy, discouraging foreign investment

Greek Program Back on Track, But More Austerity Seen

14/05/2013
Greece is on track to meet its budget targets this year and next but may have to make further cuts in 2015 and 2016, the European Commission

Cyprus receives EU-IMF bailout funds

14/05/2013
Cyprus has received the first instalment of a 10bn-euro bailout package from international creditors, which was agreed earlier this year. Cyprus received 2bn euros

Portugal $2.7 Billion Bailout Tranche To Be Released

14/05/2013
Finance ministers from the euro zone welcomed new austerity measures announced by the Portuguese government to lower the country's

Spain, Portugal Express Support for Banking Union Push

14/05/2013
The premiers of Spain and Portugal Monday expressed support for a quick push to create a banking union in the euro zone, joining a chorus

US retail sales inch up in April

14/05/2013
US retail sales rose unexpectedly in April, after falling back in the previous month.
The Commerce Department says retail sales crept up 0.1% during

U.S. Business Inventories Flat in March; Sales Decline

14/05/2013
U.S. firms continued to keep inventories in check in March, suggesting that business remained uncertain about the strength of the economic

German finance minister suggests 2-step bank union

14/05/2013
Europe shouldn't rush to establish a central authority to wind up failing banks, but should rely at first on cooperation between national

France Finance Min: Need to go far as possible in Bank Union under Current Treaties

14/05/2013
French Finance Minister Pierre Moscovici said Monday that Europe can go a long way within existing treaties

Euro Recession Seen Longest in Single Currency Era

14/05/2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest

China’s Investment Slows as Production Trails Estimates

14/05/2013
China’s fixed-asset investment unexpectedly decelerated last month while industrial output trailed estimates, adding to concerns that the economy

Global doldrums: The world’s largest economies are losing steam

14/05/2013
The US, the EU, Germany, China and Japan are experiencing sluggish economic growth as international markets attempt to shake off the

ECB's Visco Says Rate Cut Will Aid Italian Economy

14/05/2013
The European Central Bank's latest interest rate cut will provide real support for the Italian economy, but what the country really needs is

Europe Tries to Boost Economy After Pressure From U.S.

14/05/2013
European policy makers expressed a willingness to consider new ways to revive their ailing economy as they confronted fresh U.S.

Fitch Survey Signals Euro-Zone Still Hamstrung

14/05/2013
A majority of European investors believe the worst of the euro-zone crisis isn't over yet, with weak economic growth prospects the central concern, a survey

China data show gains, but some numbers disappoint

14/05/2013
Chinese economic data for April, out Monday, showed some improvement from March’s results, though prints for industrial production and

Turkey Current Account Gap Widens In March

14/05/2013
Turkey's current account deficit widened in March after narrowing in the previous month, data released by the
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