Inflation-wary Bank of England to halt money-printing press
The Bank of England looks set to call a halt to its asset-buying programme on Thursday, despite the economy having slipped into recession and renewed risks rising from the eurozone debt crisis, as UK
Heavy losses for Greek pro-austerity parties: Exit polls
Greece's two main pro-austerity parties suffered major losses in elections on Sunday, exit polls showed, throwing into doubt the eurozone country's commitment to meeting the tough terms of its two bai
Asian shares, euro slip as data casts doubt on recovery
Asian shares slipped on Thursday and the euro languished near a 2-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth.
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Wall Street fall on European concerns
US stocks slipped on Monday as investors were concerned about new developments in Europe's debt crisis and political turmoil.
The European PMI data declined to 47.4 in March, suggesting a shrinking e
Recession-threatened Britain awaits key growth data
Britain on Wednesday finds out whether it is officially back in recession, or if the non-eurozone member has avoided a fresh downturn amid severe cuts to state spending and spreading debt tensions.
IMF chief seeks fresh funds for poor countries
The head of the International Monetary Fund on Sunday renewed a push to fully fund a $17 billion lending package for poor countries, which are threatened by high oil prices and the risk of eurozone co
Lagarde's next battle at IMF: Power shift
Fresh from a big victory in raising $430 billion for the International Monetary Fund, Christine Lagarde's tougher test as head of the global lender will be finding a way to give emerging economies mor
Asian stocks edge lower as investors await cues
Asian markets were mostly lower on Monday despite figures from HSBC that it said could dampen fears of a slowdown in the world's number two economy and as investors awaited key events this week.
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BRICS ready to flex muscles at G20 meet
China and other BRICS emerging economies are set to flex their muscles as the top finance officials of the G20 and the IMF meet Friday seeking to raise $400 billion to prevent financial contagion.
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Safe-haven yen lower in Asian trade
The yen fell against the dollar and euro in early Asian trade on Wednesday as risk sentiment shifted on easing worries over Europe's debt crisis, following a successful Spanish bond auction.
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