May 17, 2013

Global economy lacking demand growth

Christine Lagarde delivers a speech at the Nikkei Special Forum in Japan ©Getty

For every nation reporting good news, there are weaker data elsewhere

May 17, 2013

Spain records first surplus since 1971

March exports rise 2 per cent and imports decline 15 per cent

From WORLD May 17, 2013

Italy takes steps to boost economy

Coalition suspends introduction of unpopular housing tax

From COMPANIES May 17, 2013

ABN profits hit as Dutch economy contracts

Results dent prospects of return to private ownership

Giant Euro sign outside the European Central Bank headquarters ©AFP From COMPANIES May 16, 2013

European banks face tougher scrutiny

Regulator seeks to ensure bad assets are being properly written down

May 16, 2013

Irish recovery ‘distorted’ by foreign PLCs

Country’s debt problem may be worse than official statistics suggest

French President Francois Hollande arrives for a press conference on May 16, 2013 ©AFP From WORLD May 16, 2013

Hollande goes on economic ‘offensive’

Embattled French president pledges ‘more growth and less austerity’

May 16, 2013

Executives upbeat on world economy

Positive trend continues from start of year

From MARKETS May 16, 2013

QE debate risky for US Treasury market

Yields have already climbed on improving economic data

Mervyn King, governor of the Bank of England, reacts during the bank's quarterly inflation report news conference at the Bank of England in London, U.K., on Wednesday, May, 15, 2013. The Bank of England raised its forecasts for economic growth and said it may hit its 2 percent inflation target quicker than previously estimated. ©Bloomberg From UK May 15, 2013

Sir Mervyn takes his leave on upbeat note

Slightly faster growth in first quarter leads to upward revisions

From UK May 15, 2013

King leaves best news until last

Outgoing governor stresses recovery in sight

May 15, 2013

Eurozone sets bleak recession record

Sixth quarter of decline longest since single currency was born

From MARKETS May 15, 2013

Greek bond yields fall on Fitch upgrade

Rating agency highlights ‘clear progress’ towards fixing deficits

May 15, 2013

Italy airs pessimistic view on recovery

Government has little room for stimulating growth

From MARKETS May 15, 2013

Investors bet Greece will survive and thrive

Signs of a turnround – and growth could return next year

May 15, 2013

Money Supply: Five quick takeaways from eurozone GDP

The ECB was correct to cut rates even if there are doubts over its efficacy

From MARKETS May 15, 2013

Greek yields fall sharply after upgrade

10-year yields at lowest in three years after Fitch lifts rating

From MARKETS May 14, 2013

Fitch upgrades Greece by one notch

Rating agency acknowledges progress towards eliminating deficits

From US ECONOMY May 14, 2013

US deficit falls faster than expected

Higher tax revenues and spending cuts take effect

From UK May 14, 2013

Britons slip down world ready-cash table

Slide from fifth to 12th in disposable income league