Eurozone manufacturing production expanded at the fastest pace since June 2000 in April. At 57.6 in April, up from 56.6 in March, the Markit Final Eurozone Manufacturing PMI (Purchasing Managers Index) came in slightly above its earlier flash estimate of 57.5. Operating conditions across Greece's manufacturing economy continued to deteriorate rapidly at the start of 2010 second quarter. (Read the article)

The People's Bank of China said it was lifting lenders reserve requirement ratio by 50 basis points, effective May 10, its third such increase this year (Read the article)

Australia's central bank raised its key cash rate by 25 basis points to 4.5 % on Tuesday but said lending rates were now around average in a sign it might pause in its tightening cycle, at least for a while. (Read the article)

Faced with strong housing and jobs markets and buoyed by red-hot demand for its mineral riches, Australia raised interest rates for the sixth time in seven months Tuesday, again marking itself as the odd man out among the world's major economies in its exit from stimulus measures put in place during the financial crisis. (Read the article)

There is a whiff of exuberance around the world economy these days. Financial markets are buoyant, business confidence is rising and global growth seems increasingly robust. (Read the article)

The BRIC countries, represented by the leaders of Brazil, Russia, India and China in a summit here on Thursday, represent a locomotive of world growth in the wake of last year's global downturn. (Read the article)

Brazil forecasted to grow 5.5% in 2010 boosted by domestic demand, says IMF Brazil, Latinamerica's largest economy and leading Mercosur partner is poised to grow 5.5% this year, almost a whole percentage point more than the previous forecast in January, according to the International Monetary Fund "World Economic Outlook" released in anticipation of the IMF and World Bank annual assembly this weekend in Washington. (Read the article)

Greece, China and Goldman Sachs - and not fundamentals - are likely to dictate the direction of financial markets over the coming weeks. (Read the article)

America's leading economists say matters are starting to look up for the U.S. economy. (Read the article)

Erskine Bowles realized how tough his task will be leading President Obama's war on the federal budget deficit when he told his 90-year-old mother of his appointment. (Read the article)

The European Commission has today revealed that Eurozone industrial output rose by 0.9% in February compared to January and by 4.1% compared to February 2009. Many analysts and experts had forecast 0% growth between January and February therefore the figure of 0.9% is very encouraging.So what does the future hold for the Eurozone? (Read the article)

The slowly unfolding financial meltdown in Greece was not inevitable any more than the 1998 economic crisis in Russia.But a combination of an unsustainable fiscal policy, weak government and some bad luck was enough to provoke the financial markets to abandon Russia in droves some 12 years ago. A similar set of circumstances seems to be conspiring to erupt in a financial collapse in Greece in the near future. (Read the article)

Growth in European new-car registrations picked up pace in March, driven by strong gains in Spain, the United Kingdom, Italy and France, as Germany posted another sharp decline. (Read the article)

In March, new passenger car registrations in the EU (excluding Cyprus and Malta) were 10.8 per cent higher than in the same month of 2009, according to ACEA figures. (Read the article)

The Footsie should get off to a strong start following the long weekend, after a slew of positive signs that America's economy is firmly on the mend. (Read the article)

Investors fled Greek bonds on Tuesday, pushing up the cost of new borrowing for the debt-stricken nation and calling into question a joint rescue plan by the European Union and the International Monetary Fund. (Read the article)

Malaysia's ringgit and South Korea's won led gains in Asian currencies this week after data showed an economic recovery is gathering pace, encouraging funds abroad to raise holdings of regional shares. (Read the article)

The Reserve Bank of Australia raised the cash rate today early in the morning by 0.25 to 4.25%.The move was highly anticipated by most of the investors as the recent economic data from Australia pointed to a strong recovery. (Read the article)

THE share market closed at an eighteen-and-a-half month high for its second consecutive day of post-Easter gains, amid relatively low volumes as investors awaited earnings results from banks. (Read the article)

The rupee was trading firm on Wednesday but off a 19-month-high as mild profit-booking offset a rise in local shares, and traders said state-run banks were not actively buying the dollar. (Read the article)

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