The Greek government has issued a decree forcing public sector bodies to transfer idle cash reserves to the central bank in a sign of how severe the country’s cash crunch has become.
The moment US central bank chief Janet Yellen presses the button will be a massive economic event.
Britain’s next government will face a tougher time than expected reducing Whitehall’s annual spending deficit, according to the International Monetary Fund, which said lower tax receipts and uncertainty surrounding the election would undermine growth forecasts.
The IMF’s latest world economic outlook released on Wednesday lacks the gloom that has accompanied previous reports.
One closely-watched financial analyst has launched a scathing attack on the country's finances and predicted another crisis for its currency.
Former Treasury Secretary Hank Paulson tells CNBC the growth model powering China's economy is running out of steam.
China's economy grew at its slowest pace since the global financial crisis in the first quarter, official data showed on Wednesday, building the case for further stimulus from policymakers.
Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails to strike a deal with lenders to keep its bankrupt economy afloat.
UK companies have become gloomier about their trading prospects and the economic outlook as the EU referendum approaches, according to a survey.
Nine out of 10 of the country’s top economists working across academia, the City, industry, small businesses and the public sector believe the British economy will be harmed by Brexit, according to the biggest survey of its kind ever conducted.