The new plan is expected to include a levy on bank deposits over €100,000 and nationalising pension funds.
China's manufacturing activity accelerates in March due to an increase in output and new export orders.
Asian markets advance as China manufacturing shows improvement, ahead of a key Bank of Japan briefing.
The Cypriot parliament Tuesday rejected a proposed levy on bank savings as a condition for an EU-IMF bailout, leaving an uncertain outlook for the country's economy.
European markets pick up as investors await further developments on Cyprus bailout plan and the UK Budget.
Emergency bank holidays in Cyprus affected customers in cyberspace who were greeted on Tuesday (March 19th) with messages saying online transfers were suspended.
Asian markets cautious as the Cypriot parliament's decision to reject bailout plan stoked fresh eurozone fears.
European markets open weak as investors remain cautious ahead of Cypriot parliament's bailout vote.
India's central bank has lowered the interest rates as expected by economists and the finance ministry.
Rio Tinto plans to go ahead with expansion plans despite concerns on falling iron ore prices.
Asian markets pick up from the previous session's slump as investors await the Cypriot parliament's decision.
China's arms exports surge 162 percent between 2008 and 2012 from previous five-year period, says SIPRI.
Investors worry that the deposit levy plan on Cyprus could set a precedence for other bailout packages.
The deal requires Cyprus to trim deficit, shrink banking sector and increase taxes.
Most Asian markets retreat but Japan continues to trade higher as parliament approves Bank of Japan governor.
Pound sees biggest jump since July before broadcast of ITV interview with Bank of England governor that warns recent fall has gone too far.
The European Union Summit have debated the issues of jobs, growth and spending cuts in the region.
Markets open mixed as investors await more US indicators for further economic recovery signs.
Markets open higher as investors await further US economic data after the recent retail sales upturn.
India's wholesale price index beats analysts' expectations and rises to 6.84% in February. .
Japan's industrial output rises 0.3% in January as against initial reading of 1% gain, shows revised data.
New Zealand's labour market remains weak despite expansion in demand and output, leading to uneven economic economy.
Asian markets extend losses as real estate-curb fears rebound in China, but Japan gains on stimulus optimism.
Markets open lower following weak Asian performance, ahead of Italy's debt sale.
Britain will promote its retailers' overseas expansion under a two-year action plan.
Australia's consumer confidence rises as sharp interest-rate cuts over more than a year boost economic activity.
Asian markets trade weak as the yen shows signs of strength and investors consider global economic conditions.
China targets higher nuclear power production with 30 units under development.
European markets open cautious following weak Asian performance as investors await some key economic indicators.
India's central bank expected to cut benchmark rates further despite high inflation rate.