Author : EW News Desk Team

The International Monetary Fund on Wednesday issued a warning against excessive austerity, singling out the United States and the United Kingdom as countries who can afford to slow the...

The Cypriot government may sell part of its gold reserves within the next few months, admitted Finance Minister Haris Georgiades on Wednesday, bringing truth to earlier speculation that Cyprus...

The U.K. property market is beginning to show some signs of activity again after a couple of years of relative inactivity. February in 2013 saw slight average house prices...

For the first time in history, two Chinese banks, the Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB), on Wednesday managed to unseat American oil...

The intellectual case for fiscal austerity came under fire on Tuesday when a study by academics at the University of Massachusetts found that economic growth is achievable even public...

The South Korean government on Tuesday unveiled a 17.3 trillion won ($15.3 billion) stimulus plan to boost slowing growth in Asia’s fourth largest economy, which has been hit by...

Crime syndicates in East Asia and the Pacific are generating nearly $90 billion annually from illicit trade activities such as fake goods, drugs and human trafficking, claimed a UN...

Local governments from provinces, cities, counties and villages across China could owe somewhere between $1.6-$3.2 trillion to banks and other debtors, said a senior Chinese auditor on Tuesday, warning...

Greece has reached an agreement with international creditors on its economic recovery efforts, paving the way for the disbursement of 8.8 billion euros in bailout money as well as...

Economic growth in Sub-Saharan Africa is likely to reach 5 percent on average over the next three years, outpacing global growth, as a result of high commodity prices and...