Japan needs to stick to a consistent policy and its central bank must be more effective in communicating its policy if it is to defeat the country's deflationary conditions, the International Monetary Fund said in a paper released on Monday.
Greece is facing another bailout standoff with its creditors amid reports that eurozone countries will refuse to release additional funds to it this month.
Britain’s services sector enjoyed a record rise last month, as companies shrugged off the initial shock of the vote to leave the EU, according to a survey of business activity that adds to signs the economy has escaped recession in the immediate aftermath of the referendum.
The prospect of an interest rate rise in the US has receded after news that the world’s largest economy suffered a lull in job creation last month.
The International Monetary Fund (IMF) has called for the leaders of the world’s leading economies to make a positive case for globalisation after voicing concern that prolonged slow growth and rising inequality is eroding support for free trade and open markets.
Ireland may have to revise its annual GDP figures for the past decade following the European commission’s ruling that the majority of Apple’s overseas profits should have been taxable in the Republic.
Britain’s factories saw a strong rebound in output and new orders in August, according to a survey that suggested manufacturers quickly shrugged off the shock of June’s vote to leave the EU.
A former governor of the Bank of England has said the decision of Britain to leave Europe put the country on a better economic footing.
The dollar went up. The dollar went down again. Share prices dropped. Share prices recovered. Yes, it was time for Wall Street to play one of its favourite games: interpreting a speech by Janet Yellen.
Sterling hovered near a three-week high against the dollar this morning, after receiving a boost from strong economic data which showed investment was moving in the right direction.
Economic wonks at UBS have calculated the British pound could fall to equal value to the euro, if the UK does decide to quit the European Union in the vote set for 23 June.
The US has been accused of “behaving like a tax haven”, in an escalating war of words between Washington and Brussels over the European commission’s anti-trust cases against Apple, Amazon and Starbucks.
The Bank of England’s interest rate cut to 0.25% in August should be enough to prevent the economy from slipping into a recession, according to the most hawkish member of the central bank’s interest rate-setting committee.
Britain’s manufacturers insisted they have a crucial role to play in a post-Brexit world, contributing $247bn (£190bn) a year to the economy and creating well-paid, high-value jobs.
The outlook for the UK economy is looking increasingly rosy, new data released on Friday showed, with rising consumer and business confidence and house price gains adding to hopes that the recovery is taking hold.
The London housing market stumbled in July as sales dropped and inquiries fell at their fastest rate since the onset of the credit crisis, in a further sign that the UK property market is cooling.
Having money from economic growth flow to poor people rather than the rich feeds into a lift in the rate of economic growth and lower unemployment. Conversely, as income inequality increases, the potential for economic growth is constrained.
Last week should have been a good one for George Osborne.
The Chinese believe the Lunar New Year is about ushering in luck and fortune, and this year may be particularly prosperous for the country's wealthiest, according to research firm WealthX.
The collapse in the value of the pound since Britain voted to leave the EU has been described by Mervyn King, former governor of the Bank of England, as a welcome change.
The UK has recorded its biggest-ever month for tourist visits after the referendum-related slump in the pound lured 3.8 million people to British shores in July.