ECONOMY

Where do old ships go when they die? The answer would probably be: a beach in south Asia.

Angola raised the rate by 25 basis points to 9.25% when Romania lowered it to 2% from 2.25%.

Danish unemployment has jumped in February while GDP growth rate surprised on the higher side.

A combination of rising employment, rising wages and lower petrol prices are driving greater consumer activity.

Indian mills have purchased between 70,000 and 80,000 tonnes of Australian prime wheat at $260-$265 a tonne.

Jobs data from Italy and for entire Eurozone was weaker than expected while UK Q4 GDP has been revised upward.

During 2014, US oil production increased by 1.2 million barrels per day to 8.7 million barrels per day.

The Conservatives have been campaigning heavily on the economy ahead of the general election.

Balls is also expected to reveal that Labour would reverse the government's corporation tax cut.

The Prime Minister will claim that his party will keep the UK's economic recovery on track.

Indian Oil Corp buys two million barrel cargo of Iraqi crude from Chinese trader Unipec.

The USD index has risen to an 11-day high, moving up from last week's three-week low.

Fate of application uncertain as Taiwan does not have diplomatic relations with China.

Greece's relationship with the EU has soured since the left-wing Syriza party came to power in January.

European Benchmark Brent oil fell to $55.50 a barrel as Iran talks resumed in Switzerland.

Upcoming test of Britain's seven largest banks and building societies will gauge whether they can withstand a global crisis.

Greece submitted economic reform measures to its creditors on Friday.

Bitcoin price hovers around $250, while criticism about cryptocurrency comes from security services.

Earlier, Soros listed steps towards a $50bn financing package for Ukarine as a safeguard against an aggressive Russia.

Australia's company tax rate is higher than many of its competitors but its GST is the lowest in the developed world.

Denmark is viewing the establishment of the AIIB as "a significant and exciting development in the world order".

European IPO volume beat the US and Asia combined during the first quarter.

Janet Yellen is scheduled to speak this week as well.

Hedge fund manager Pierre Andurand warns crude prices could drop to $30 amid concerns of Middle East supply disruptions.

Tensions in the Middle East and negotiations in Greece could help boost the metal's safe-haven status.

Britain was first major Western country to apply to be AIIB founding member.

Markets expect rate increase to take effect in 2016 amid lack of consensus among MPC members.

The USD index ended last week 0.53% down extending the 2.4% drop of the previous week.

Lee's current pay is equivalent to combined annual pay of leaders of France, Germany, Italy, Japan and UK.