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Greece: Ex-PM George Papandreou Denies He is a €550m Mummy's Boy

Mother of George Papandreou accused of holding largest secret bank account on Lagarde List.

Umberto Bacchi Dec 03, 2012

Greece Launches €10bn Debt Buyback as Rescue Reaches Critical Phase

Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015

Martin Baccardax Dec 03, 2012

Germany Approves Greek Bailout Deal but Buyback Questions Remain

Germany's Lower House agrees to new terms for Greece's rescue package as markets await details on Athens' plan to buyback more than €60bn in government bonds.

Martin Baccardax Nov 30, 2012

Asian Markets Fall on Concerns of US Fiscal Crisis

Asian markets end lower as fears of US 'fiscal cliff' returns to focus

Prasanth Aby Thomas Nov 28, 2012

UK Underemployment Soars by 1 Million Since Financial Crisis

Number of employed people wanting more hours at work shoots up 47.3 percent says Office for National Statistics.

Shane Croucher Nov 28, 2012

Asian Markets Fall as Fears of US 'Fiscal Cliff' Rise

Asian markets have traded lower in the morning as concerns over the US 'fiscal cliff' dampened investor sentiments.

Prasanth Aby Thomas Nov 28, 2012

American History X - European Style: Greece's Latest Bailout is Pure Politics

The latest European agreement on Greece's financial support has many political benefits but few economic ones.

Martin Baccardax Nov 27, 2012

UK Economy Grew 1% in Third Quarter Confirms ONS

ONS's second estimate of UK GDP data for Q3 reiterates original headline figure.

Shane Croucher Nov 27, 2012

Asian Markets End Mixed Amid Greek Bailout Deal and US 'Fiscal Cliff' Woes

Asian markets have ended mixed as the concerns on the US economy persist.

Prasanth Aby Thomas Nov 27, 2012

Greece Wins Bailout Fund as Lenders Agree on Debt Reduction and Fresh Loans

The eurozone finance ministers and the IMF agree on a €40bn debt reduction and about €43.7bn fresh loans for Greece, despite conflicting views.

Jerin Mathew Nov 27, 2012

Asian Markets Rise on Greek Bailout Deal

Asian markets have gained in the morning trade as IMF and eurozone finance ministers struck a deal to unlock bailout funds to Greece.

Prasanth Aby Thomas Nov 27, 2012

IFS Sees Five More Years of Austerity, Debt Target Miss in Osborne's Autumn Budget

George Osborne may have to scrap 'unrealistic' debt target for UK, says thinktank.

Shane Croucher Nov 26, 2012

Egypt Markets Volatile as Mursi Decree Puts $5bn IMF Loan at Risk [VIDEO]

Investors fear new political turmoil as demonstrators plan more protests in Cairo.

Martin Baccardax Nov 26, 2012

Asian Markets Gain on Greek Bailout Hopes

Traders in Asia positive on eurozone ministers approving Greece bailout and Yen's weak run against major global currencies.

Prasanth Aby Thomas Nov 26, 2012

Bank of Japan's Independence Eyed as Yen Slide Looks to Continue

Leading candidate for Prime Minister seeks big changes for BoJ that have implications for central banks all over the world.

Martin Baccardax Nov 21, 2012

EU Ministers Fail to Take Final Decision on Greece Bailout

Eurozone finance ministers delay agreement again on Greek bailout fund decision, citing technicalities.

Prasanth Aby Thomas Nov 21, 2012

Asian Markets Gain as Japanese Exports Drop

Eurozone concerns continue with Greek bailout issues.

Prasanth Aby Thomas Nov 21, 2012

Asian Markets Down on Bank of Japan's Monetary Policy Decision

Nikkei falls 0.12 percent while KOSPI rises 0.64 percent. Shanghai and Hang Send indices drop 0.40 and 0.16 percent respectively.

Prasanth Aby Thomas Nov 20, 2012

UK Unemployment Falls but Claimant Count Soars as Olympics Jobs Fade

London 2012 boost gone as more Britons claim the dole though employment rate improves.

Shane Croucher Nov 14, 2012

Asian Markets Gain Ahead of China's New Leadership Announcement

Global economic concerns continue

Prasanth Aby Thomas Nov 14, 2012

Greece Gets Two More Years for Budget Targets

Eurozone finance ministers remain elusive about the release of bail out funds to Greece , though they have given two years' extension to meet its deficit reduction targets.

Prasanth Aby Thomas Nov 13, 2012

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

Martin Baccardax Nov 12, 2012

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.

Prasanth Aby Thomas Nov 12, 2012

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.

Martin Baccardax Nov 09, 2012

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.

Shane Croucher Nov 08, 2012

Report: China Urged to Relax One-Child Policy by 2015, En Route to Total Lifting on 2020

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.

Lianna Brinded Nov 08, 2012

US Presidential Elections: Yuan Emerges as Real Alternative to US Dollar

Renminbi's ascendance as international reference currency depends on size and scale of new leadership's economic reforms.

Geetha Pillai Nov 06, 2012

China's and Japan's Diaoyu/Senkaku-Islands Dispute (Photo: Reuters)

China's New Leaders: Where Next for Sino-Japanese Relations in Diaoyu/Senkaku Islands Dispute?

As the 18th Party Congress prepares to anoint a new leadership, China expert Jonathan Fenby warns of the potential of nationalism undermining economic progress for the new superpower.

Jonathan Fenby Nov 02, 2012