ECONOMY

All the measures of consumer price inflation released surprised markets on the higher side in a big way.

BOJ expects Japanese economy to expand 1% in the year to March 2015.

The average price of a home in the UK is now £262,000.

Russia's President seeks alliance to prevent future economic sanctions punishment.

The money is mostly owed to HMRC, Ministry of Justice and the Department of Work and Pensions.

ONS says CPI grew by 1.9% in June, an acceleration on May, putting pressure on household incomes.

Beijing steps up rhetoric after US criticised its provocative and unilateral behaviour in region.

Brics leaders expected to sign a deal creating development bank.

In 2013 they each spent £586 a day on average.

Argentine shares lagged behind other indices in region, while Germany's DAX performed well.

Aurelius says Argentina still has time to engage in serious negotiations and avoid default.

IFS report shows young adults hit hardest by falling employment and incomes in the UK.

Isis expel rebels from Deir Ezzor city, capital of the oil-rich Deir Ezzor province.

EXCLUSIVE: Al-Huda International is run by controversial Dr Farhat Hashm who preaches an "obscurantist brand of Islam", says critics.

Brics headquarters destined for China's financial capital.

Moody's cited stabilisation in the country's external liquidity position for outlook upgrade, but kept Pakistan's rating at Caa1 citing large fiscal imbalances and weak debt metrics.

Manufacturing slump triggers first fall in GDP growth in seven quarters.

768,000 holiday-makers visited the country during May, down from 969,000 in the same month in 2013.

Thinktank highlights fact that typical FTSE 100 CEO earns 160 times the average UK worker.

Fred is the biggest victim, followed by Julio Cesar.

State-owned airline expects change in law to allow airlines to charge for food and baggage.

Xinhua news agency opposes claims in West that five Brics economies are fragile and fading.

The WPI index for June rose 5.43% while the market had been expecting a rise of 5.8-6.0%.

Federation of Small Businesses urges UK government to tackle poor internet connections for industry.

In an interview with IBTimes UK, De Gucht discusses the controversy and status of the free trade agreement.

KRG representatives anger Baghdad by seeking oil export agreements and access to revenues for oil already sold.

Singapore trails African cities Luanda and N'Djamena, and Hong Kong.

TUC warns talk of UK interest rate hikes are a "worrying distraction" from the unemployment problem

The Canadian dollar's sharper gains after the June policy will increase risks of a more dovish bias at the BoC on 16 July, and a growth-focused US Fed underpins that case.