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Spain`s economy growth accelerates in first quarter

Last Updated: Thursday, April 30, 2015, 16:37

On an annual basis the Spanish economy, the eurozone's fourth-largest, grew by 2.6 per cent in the first quarter, up from 2.0 per cent in the previous three month period.

German unemployment hits 24-year low

Last Updated: Thursday, April 30, 2015, 13:59

In raw or unadjusted terms, the jobless total decreased by 88,660 to 2.843 million and the jobless rate fell to 6.5 percent in April from 6.8 percent in March, the labour office said.

German business confidence hits 10-month high

Last Updated: Friday, April 24, 2015, 15:19

German business confidence rose to its highest level in 10 months in April, as recovery in Europe`s biggest economy continues apace, but optimism could soon begin to stall, the Ifo economic institute said Friday.

Spain sees slight increase in first quarter jobless

Last Updated: Thursday, April 23, 2015, 12:52

Spain`s already high unemployment rose slightly in the first quarter, official data showed Thursday, in a bleak reminder of the challenges the country faces as it seeks to cement a fragile economic recovery.

Recovery 'is there', politicians must make it work: ECB board member

Last Updated: Thursday, April 23, 2015, 12:02

Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.

G20 strikes hopeful tone, but officials fret over Greece

Last Updated: Saturday, April 18, 2015, 01:08

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen`s inability to strike a deal with its lenders could upset Europe`s tentative recovery.

G20 strikes hopeful tone, but officials fret over Greece

Last Updated: Friday, April 17, 2015, 22:14

The G20, however, sounded guardedly optimistic the global economy was poised for at least a modest recovery.

US Treasuries rally, equity futures drop after jobs data

Last Updated: Friday, April 3, 2015, 22:45

The US jobs data reduced the market`s expectations for a Federal Reserve interest rate increase by September.

Weak Japan business confidence highlights recovery doubts

Last Updated: Wednesday, April 1, 2015, 08:57

The Bank of Japan`s closely watched Tankan survey showed confidence at the country`s biggest manufacturers stood at plus 12 in March, flat from the previous report and missing expectations that the level would come in at 14.

EU pledges 160 mn euros in aid to Guinea-Bissau

Last Updated: Wednesday, March 25, 2015, 20:40

The EU on Wednesday pledged 160 million euros in aid for Guinea-Bissau to bolster democracy and speed up economic recovery in the west African country.

Global equities rise as euro recovers and dollar weakens

Last Updated: Monday, March 16, 2015, 22:18

Stock markets around the world rallied on Monday, with U.S. shares recovering after an extended period of weakness as the U.S. dollar weakened and eased concerns about its impact on corporate profits, while the euro recovered from a 12-year low.

Wall St rises as euro recovers against dollar

Last Updated: Monday, March 16, 2015, 20:22

U.S. stocks opened higher Monday and the benchmark S&P 500 rebounded after three weeks of losses as the euro strengthened against the dollar, easing some concerns over the impact of a robust greenback on corporate earnings.