Japan PM to visit Africa, Mideast with cash pledge: reportsJapanese Prime Minister Shinzo Abe will visit Africa and the Middle East this week, reports said Monday, bearing development cash pledges as Tokyo pushes back against growing Chinese influence in the resource-rich region.
2014 year of 'hard truths' for British economy: OsborneBritish finance minister George Osborne will warn that 2014 is to be the year of "hard truths" and public spending cuts when he sets out his plans for the year ahead.
Dollar gains on euro as new year opensThe dollar rose against the euro Thursday as investors pushed back into the greenback and sent US bond yields lower.
03 January 2014
China stock market disappoints on double cash crunchA cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.
Obama signs defense, budget bills into lawPresident Barack Obama signed into law Thursday the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense measure that takes a step toward ultimate closure of Guantanamo.
Japan OKs record budget, sees deflation threat recedeJapan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
25 December 2013
EU banking union too complicated, too slow: analystsAn EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
23 December 2013
Tourists to spend $10 billion during Brazil World CupForeign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.
21 December 2013
Six countries sign US pacts in fight against tax fraudThe United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.
20 December 2013
Spaniards bet on slimmed-down 'Fat One' Christmas jackpotSpaniards are digging into their pockets to gamble on their beloved "Fat One" Christmas lottery with the world's richest total payout, but winners will get slimmed-down prizes this year as a new austerity tax takes a bite.
20 December 2013
EU finance ministers reach banking union dealEU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.
19 December 2013
Eurozone ministers make progress on Banking UnionEurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.
Japan to pledge $20 bn aid to ASEAN: reportsJapan will pledge $20 billion in aid to Southeast Asian countries at a 11-nation summit this weekend as it looks to shore-up ties in a region increasingly dominated by China, reports said Friday.
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