US President Barack Obama had cut short his Christmas holiday in Hawaii to resume talks in Washington over how to avoid the 'fiscal cliff'.
Traders remain cautious on US budget concerns as lawmakers struggle to settle differences before the deadline.
Emerging economies such as India and Russia to surpass Britain by 2020.
Asian markets gain as traders remain upbeat on yen's weakness against dollar and euro.
Incoming PM Shinzo Abe wants Bank of Japan to reset inflation target to 2%.
Asian stocks remain volatile as US budget concerns weigh on investor sentiments
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Markets decline as Republicans' decision to cancel backup plan increases budget talk concerns.
Asian markets decline in the morning session as concerns on the 'fiscal cliff' talks mounted after Republicans called off a proposed vote.
The central bank has extended its asset purchase programme by £73bn with a view to keep its borrowing costs down.
Asian markets decline as the US fiscal cliff talks appear to hit further roadblocks and traders await Bank of Japan's policy decisions.
European markets rise firm in the early minutes of trade as concerns on US budget negotiations ease.
Domestic demand expected to boost growth in East Asia and Pacific region despite weak global economy.
Asian stocks extend gains as traders remain positive on US lawmakers reaching consensus on 'fiscal cliff' soon.
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With inflation expected to ease, Reserve Bank of India will focus on growth.
Central Bank plans mid-2013 opening of Asian branch to help its on-going effort to stabilise the value of the Swiss franc on foreign exchange markets.
European stocks gain in early minutes of trade as US fiscal cliff negotiations show progress.
Illicit financial outflows include corruption money and tax evasion.
Asian stocks sway between gains and losses as traders look for signs of progress in the US 'fiscal cliff' talks.
European markets remain mixed in the opening minutes of trade as fiscal cliff concerns offset China's economic policy reassurances.
Japanese stocks climb as yen dips after pro-stimulus LDP wins elections.
Key economic meeting provides first glimpse of new Communist Party leadership in action.
Following six consecutive years of recession, Greece to record positive growth rate in 2014.
Unlike Moody's and S&P, which downgraded France, Fitch reaffirms France's top credit rating.
Sentiments upbeat on China's 14-month high manufacturing figures and hopes of 'fiscal cliff' solution.
PetroChina to buy 49.9 percent stake in project for $2.2bn.
Chinese markets gain after a preliminary manufacturing Purchasing Managers Index (PMI) showed improvement but Japanese stocks fall on dropping business sentiments.
Positive Fed stimulus measures offset by 'fiscal cliff' worries.
80% holding in Migros to give Wal-Mart Tansas, Macrocenter and 5 M supermarkets.