ECONOMY

The ECB is satisfied with the effects of its QE programme, says Executive Board member Yves Mersch.

The number of US rigs actively drilling for oil have now fallen for the 23rd week in a row.

US dollar weakened this week, after dismal US data, and the dollar index has now dropped for five weeks in a row.

Nepal owes $3.8bn (£2.4bn, €3.3bn) in foreign debt, according to World Bank figures

Ministries have until beginning of July to reveal planned cuts.

Despite official hopes of a recovery, economists predict worst is yet to come.

The bitcoin-like drachmae would be used alongside the euro as an alternative payment method.

EU phone operators consider blanket ad-blocking on their networks to force Google to share ad revenue.

Chinese markets regulator says its recent move to expedite approvals for IPOs will not have a big impact on the market.

British Retail Consortium says overall footfall in April 2015 was down 0.8%.

Global gold demand dipped a meager 1% year-on-year to 1,079.3 tonnes in a "generally quiet first-quarter".

UK regions rose by 7.4% while London was up by 7.5%, according to HomeLet.

Saudi Arabia continues to intensify production, moving market share away from high-cost rivals US shale producers.

Sajid Javid, the son of a Pakistani bus driver, has been appointed Business Secretary.

The Whigs are back in British politics and are offering an array of alternative policies.

The amount of houses being put up for sale dipped for the eighth time in nine months

The Shanghai Composite index ends a tad higher as excitement over more government stimulus fades.

Riyadh upped crude production and 60% of rigs in US shut.

Financial advisory firm deVere has warned that recent turbulence could adversely impact pensions.

Unemployment is down and wages are up but young people are stubbornly staying out of work and productivity may outpace skills.

As of end-2013, country had net wealth of 11,039tn won, up 3.5% from 2012, according to data released by Bank of Korea and Statistics Korea.

Primrose Hill, Kensington and Fitzrovia have all seen demand decline.

Chancellor George Osborne says Office for National Statistics figures show Tory plan is working.

Shanghai Composite and the Hang Seng indices settle lower after Beijing put out another set of weak economic data.

IMF chief Christine Lagarde and anti-poverty group representatives to attend summit.

Germanwings disaster and French strikes hit budget airline as Greece sucks life out of FTSE 100.

Russian authorities still have a long way to go to make 'deoffshorisation' a success. Here's how they can start.

The super rich have found that investing in art can reap rich rewards.

A property bonanza looms now that a Labour mansion tax is no longer on the cards.