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Asian Markets Fall as US Fiscal Cliff and Greek Bailout Concerns Continue
Nikkei drops 0.34 percent while KOSPI falls 0.62 percent. Hang Seng and Shanghai indices fall 0.77 and 1.04 percent respectively.
Greece Needs An Extra Two Years and €32bn to Meet Bailout Targets
Media reports suggest extra time and cash required for new Greek rescue only hours after painful austerity budget approved by parliament
Japanese GDP Shrinks Pushing Country Towards Recession
Japanese economy contracts 0.9% in third quarter and by 3.5% on yearly basis.
Asian Markets Mixed on Weak Japanese GDP and Better Chinese Exports
Nikkei down 0.80 percent while KOSPI falls 0.35 percent. Hang Seng and Shanghai indices gain 0.09 and 0.13 percent.
Greek Parliament Passes Tough Austerity Budget
Budget passed by 167 votes to 128 amid protests outside parliament, but it will take quite some time for much-needed bailout funds to be available.
Germany Says Not Ready to Release Greek Aid Tranche as Default Concerns Grow
Germany insists it need Parliamentary approval to release long-delay Greek aid tranche despite Athens' "courage" in passing austerity bill.
Construction4Growth Campaign Trying to Rebuild Britain's Crumbling Economy
Despite being in collapse, construction sector could be key to full UK economic recovery, claims new campaign.
China's Industrial Output and Retail Sales Show Higher Growth
Industrial production rises to 9.6 percent in October while retail sales increase to 14.5 percent.
Bank of England Holds on QE, Key Rate Amid Patchy Recovery
Policymakers also keep base rate at record low as they wait to see impact of credit easing efforts on UK economy.
UK Permanent Job Vacancies Rising Despite Worse Outlook for Economy
Index of permanent jobs shows fastest rise in vacancies for almost a year and a half, though UK economy's outlook worsens.
Spotlight on China: Can New Leaders Fix its Oil Addiction?
China's growth may be slowing but its appetite for oil will continue to dominate demand.
EU Tourism Chief Targets China and Brazil For Market Growth [VIDEO EXCLUSIVE]
As Europe's market share in global tourism falls, new executive director Eduardo Santander delivers a strategy to target China, Brazil and the US for growth
Global Stocks Slump As US Election Optimism Gives Way to Economic Reality
President Barack Obama's sweeping victory is eclipsed by yet another grim assessment for the Eurozone and concerns about US 'fiscal cliff"
UK Retail Sales Drop in October As Consumers Curb Spending
Consumers restrict spending to essentials as economic uncertainties persist.
US Elections a 'Cliffhanger' as Global Investors Prepare for Next President
With both the Fiscal Cliff and a new Fed Chairman in play for the next President, global investors await results of the most economically important elections in decades.
UK Service Economy Slows as Recovery Stumbles
Weakest growth in two years for Britain's most important growth driver raises concern over recovery path
Spotlight on China: Middle Income Trap New Leadership's Biggest Challenge
China's ageing population, huge credit bubbles and rising inequality is creating a serious "middle income trap" that could hurt the next phase of its "economic miracle".
Greece Unions Urge General Strike in Cutbacks Protest [VIDEO]
Greece finance minister announces amended 2013 budget that raises debt and deficit forecasts for 2013.
Norodom Sihanouk, the King-Father is Mourned by His People. More Than Even Cambodia's Government Expected?
Seldom today does one hear of a person being charged with lese-majeste, yet 43-year-old Wang Zia Chao a Chinese garment factory supervisor was found guilty of this crime on Tuesday, 23 October 2012 by a judge in Phnom Penh, the capital of Cambodia. Her crime was "...intentionally damaging the photos..." of recently deceased former King Norodom Sihanouk who abdicated in favour of one of his sons in 2004 and died in Beijing, aged 89, on 15 October. The former King's body was flown back ...
Asian Markets Down, Weak Corporate Earnings Dampen Sentiments
Nikkei average ended 0.04 percent lower while KOSPI closed flat at 1891.52. Shanghai and Hang Seng indices slid 0.35 and 0.16 percent
CBI: UK Businesses See Employment Drive as Economy Exits Recession
Over a third of UK businesses expect workforce to grow over next 12 months, led by science, high-tech and IT sectors.
Positive US GDP Figures: Fresh Ammunition in Presidential Battle
US GDP grew faster than expected but mixed data below headline provides ammunition for both Obama and Romney campaigns
UK Home Energy Prices Set for Inflation-Busting Surge That Threatens Recovery [VIDEO]
EDF Energy plans 10.8 percent increase on UK household gas and energy prices in move that challenges Bank of England policy.
South Korean Economy Records Slowest Growth in Three Years
Falling global demand and sluggish domestic investments push South Korea's economic growth to three-year lows.
Japan Announces £3.2 Billion Stimulus Plan to Revive Ailing Economy
The Japanese government announces stimulus package as the country struggles on falling global demand.
Spain's Jobless Rate Hits Record High as Bailout Pressure Mounts on Rajoy
One in four out of work in Europe's fourth-largest economy amid deepening recession.
Britain Exits Recession With Strongest Quarterly GDP Growth in Five Years [VIDEO]
Olympic Games helps drive solid economic turnaround with 1pc growth but experts say recovery will remain uneven.
David Cameron's GDP 'Hint' May Have Broken UK Data Rules
Prime minister may have broken UK Statistics Authority regulations with revelation that good news on economy imminent.
Asian Markets Mixed After Chinese Flash PMI Shows Improvement
Nikkei eases 0.02 percent while KOSPI drops 0.65. Shanghai and Hang Seng gain 0.35 and 0.20 percent.
Canada and Russia Face Different Risks to Similar Energy Challenge
BP's deal to link-up with Russia's state-owned Rosneft and Industry's Canada's recent moves to block foreign takeovers are symbolic of government's troubled relationship with energy.