ECONOMY

Analysts say strong PMI growth should hold, barring major societal change.

The CIPD says employment intentions for UK companies have reached a six and a half year high.

CBI chief urges caution over pace of house price growth in the UK.

Industry group CBI predicts UK economy will grow by 3% in 2014, but highlights political risk.

UK household wealth hit £7.84tn at the end of 2013, states Lloyds Bank report.

European and US sanctions over Ukraine threaten to push Russia into recession.

Local media banned from covering upcoming Global Bitcoin Summit in Beijing.

Chinese foreign ministry urges US to help maintain regional stability around disputed islands

Fair trade is big business, but the movement is not without its critics.

Russian energy giant says it is taking action after Ukraine's failure to pay for gas deliveries in April

NIESR report suggests UK GDP grew by 1% in the three months to the end of April.

Maritime clashes in disputed resource-rich area have deadly history and threatens a bloody future

China, Brazil and CIS demand slowdown to weigh on global steel use in 2014.

There is a lot of talk of a housing bubble forming in the UK, but are there signs the boom is slowing?

India launched 'RuPay' which cuts banks' cost for clearing and settlement by 40%.

Factory output grew at its fastest rate since 1999, ONS figures show.

Egypt struggling to make payments for wheat as foreign currency reserves are squeezed and elections loom.

Inspections are to commence in an effort to revoke last week's ban.

IBTimes UK speaks to CEO of law firm W Legal about Iran's economic situation after sanctions

Thirty-five years after the Iranian Revolution erupted, the country is still living under crushing sanctions

NIESR figures reveals GDP growth will surpass 2008 peak

Stephen Barter from KPMG told IBTimes that the economic recovery continues to translate into more jobs with more staff placements, which in turn is pushing up pay.

President Hassan Rouhani's administration wants to collaborate with judiciary to recover $33bn

Chinese leader pledges not to interfere with internal politics on back of massive aid and investment packages

Venezuelan government implements rationing to reduce demand on the national power grid.

Rics reports slowing growth of house prices in April though still "firmly on the upward trend".

The Balkan country is looking for a deal worth around $1.5bn from the International Monetary Fund.

Vietnam claims China rammed its ships near the Chinese oil rig in disputed waters in South China Sea.

Halifax said in its monthly house price index that property values dropped 0.2% in April.