Loan demand from firms and households jumped in the first quarter, adding to the evidence that the Japanese economy is on the path of recovery, according to Senior Loan Officer Survey.
Gold stayed nearly flat in thin trade on Friday, on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a key U.S. option expiration and a Federal Reserve policy meeting next week.
Fearing a trade war, a Spanish oil executive is asking Madrid to take a cautious approach to how it responds to Argentina's seizure of two subsidiaries of a Spanish oil major .
US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
Japan reported Thursday a record trade deficit for fiscal year 2011 as exports tumbled on account of falling global demand and a nuclear energy crisis that resulted in the rise of oil and gas imports.
The International Monetary Fund said Wednesday it has received pledges worth $320 billion to boost a global firewall against Europe's debt crisis.
The head of the United Nations Economic Commission for Latin America and the Caribbean Alicia Barcena suggested Wednesday that Mexico’s 2012 GDP growth could be higher than expected due to the pace of recovery in the United States and Mexico’s open economic policies relative to other countries in the region.
Global markets saw a shallow but broad selloff Wednesday, as unsettling news from Spain combined with a histrionic report by the International Monetary Fund to give investors pause regarding the situation in Europe.
European banks could be forced to shrink their balance sheets by as much as $3.8 trillion through 2013, or almost 7 percent of total assets, with a quarter of the deleveraging likely to come from cuts in lending and the remainder from sales of securities and noncore assets, the International Monetary Fund said Wednesday.
Sudanese President Omar al-Bashir announced he will 'liberate' South Sudan during a political rally Wednesday as clashes along the border intensify.
Asian stock markets rallied on Wednesday as sentiment was boosted by a successful Spanish debt auction and strong global growth forecast from the International Monetary Fund (IMF).
Asian stock markets surged Wednesday, following solid gains on Wall Street overnight as stronger International Monetary Fund (IMF) global forecast and falling Spanish bond yields buoyed sentiment.
The International Monetary Fund (IMF) has raised its global growth forecast despite a persisting Eurozone debt crisis.
Stabilizing risk appetite lifted Asian shares and riskier currencies Wednesday, after firm demand at Spanish debt sales, positive corporate earnings, and improved sentiment in Germany boosted investor confidence.
The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
Gold prices rose slightly Tuesday on higher crude oil prices and a declining dollar.
Global growth is slowly improving as recovery in the United States gains traction and dangers from Europe recede, but risks remain elevated and the gains are very fragile, the International Monetary Fund said on Tuesday.
Foreign Direct Investment (FDI) inflows into China fell in March as investors spooked by a lingering European crisis cut down on spending.
Japan said Tuesday it would offer $60 billion in loans to the International Monetary Fund (IMF) to boost a global firewall against Europe's debt crisis.
Growth was 8.1 percent in the first quarter, the lowest since the same period in 2009, largely due to weak global demand and reduced investment in domestic real estate.
China's growth rate will decrease in 2012, according to the forecast by World Bank following the deterioration in the domestic property market and decrease in export demand globally.
The snap general election is expected to test Greek resolve for punishing austerity measures, and gives the parties just 24 days to prepare.
