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US Economy Contracts for First Time Since End of Recession
Surprise GDP decline triggered by limited restocking and government cuts to defence spending.
Spain's Deficit Targets at Risk as Recession Deepens
Prime Minister Mariano Rajoy to unveil new stimulus measures but vows to stick to budget cut pledges.
European Stocks Steady ahead of Fed's Policy Decision
Markets little changed as traders await Fed's policy announcement and initial US GDP estimates.
Japan's Retail Sales Growth Slows in December
Retail sales rose 0.4 percent in the month down from the 1.2 percent gain in November, underscoring weak consumer sentiments.
European Stocks up on US Earnings Optimism
Positive US quarterly performance and indicators cheer markets, but traders remain cautious ahead of the Fed's policy meet.
Iceland Cleared of Breaking Depositor Protection Rules in Landsbanki Collapse
European Free Trade Association Court Says Iceland's plan to gradually repay savers is within EU law.
Can Diamonds Outlive India's Gold Obsession?
Socio-economic development and gold's relative high price are prompting more Indians to turn to diamonds.
George Osborne: Triple-Dip Won't Change Government's Fiscal Strategy
Chancellor Osborne insists austerity is only way to recover public finances despite prospect of intensified downturn in UK economy.
China's Industrial Profits Rise 17% in December
China's industrial profits rise for the fourth straight month in December, indicating ongoing economic recovery.
Japan Forecasts 2.5% Real GDP in FY 2013
The aggressive stimulus measures from Japan's new government prompt analysts to estimate improved conditions.
New Bank Boss Prioritises Growth
Incoming Bank of England governor Mark Carney says stimulus measures must remain in place to take UK economy out of danger zone.
Britain's Austerity Drive Will Continue, Vows Clegg
Deputy prime minister faces down criticism that cuts have gone 'too far, too fast', saying the coalition remains committed to slashing the deficit.
US Military Blacklists Afghanistan’s Kam Air Airline over Opium Smuggling Claim
Opium allegedly hidden on Kam Air passenger flights between Kabul and Tajikistan’s capital of Dushanbe.
European Shares Extend Gains as Investor Sentiment Builds Bullish Case
European banks repay nearly a third of emergency ECB loans after German business sentiment rises for a third consecutive month
UK Economy: A Three-Way Bet to Avoid a Triple Dip
David Cameron, George Osborne and Mervyn King have placed an all-in bet on Britain's economic future, says IBTimes Business Editor Martin Baccardax.
Triple-Dip Recession Ahoy? Analysts React to Q4 UK GDP Slump
ONS preliminary data shows -0.3 percent contraction of UK economy in fourth quarter of 2012.
WEF Paints Bleak Outlook for Russia's Economy
The World Economic Forum benchmark report emphasises significant changes needed to sustain economic growth
UK Economy Contracts 0.3% in Final Quarter of 2012
Triple-dip recession looms as ONS preliminary data says UK economy contracted 0.3 percent in 2012's fourth quarter.
Japan Consumer Prices Fall Puts BoJ Under Further Stimulus Pressures
Japan's consumer prices fall in December raises deflation concerns despite the recent government efforts to boost inflation rates.
Germany's Comeback Highlights '3-Speed' Europe as Markit PMI Data Points to Deeper Recession
Record unemployment in Spain and three-year low for manufacturing in France indicate growing divergence in eurozone.
South Korea's Growth Picks Up but at Three-Year Low in 2012
Asia's fourth largest economy posts weaker-than-expected GDP figures as lower external demands hurt growth.
HSBC Flash China Manufacturing PMI Rises to 2-Year High in January
Domestic demand expected to drive China's ongoing economic recovery.
Asian Markets Pick Up after Improved China PMI
Markets recover from a weak start sparked by Apple's weak results after HSBC's China Flash PMI shows improvement.
World Economic Outlook: IMF Lowers UK Growth Forecast
Slower growth predicted by International Monetary Fund delivers latest economic blow for Chancellor George Osborne.
UK November Unemployment Rate Falls to 7.7% [VIDEO]
ONS data also shows employment rate rising despite weak UK economy.
World Economic Forum Meeting opens in Davos
World Economic Forum discusses global, regional and industry agendas to shape world.
European Shares Dip After Bank of Japan Delay, EU Tax Proposal
Stock markets post modest declines as bond and currency traders prepare for David Cameron's key EU speech in London
EU Green Light to Pursue Financial Transaction Tax
France and Germany among 11 countries to design regional 'Tobin Tax' after EU finance ministers give majority support.
UK Adds £15.4 Billion to Public Debt Pile in December
Public debt as a portion of GDP now 70.7 percent, reports Office for National Statistics.
European Shares Nudge Higher Ahead of Bank of Japan Decision, Key UK Data
US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.