Singapore economy contracts 1.5% but avoids recession

Singapore's economy contracted in the July to September period, but has narrowly avoided a technical recession.

Europe accuses U.S. of failing to cut Boeing aid

(Reuters) - The European Union accused the United States on Thursday of ignoring a World Trade Organization ruling to stop subsidies to planemaker Boeing (BA.N) and asked the Geneva-based body to investigate, prolonging the world's largest trade dispute.

IMF chief Christine Lagarde urges eurozone and US action to end 'terrifying and unacceptable' jobless rates

Christine Lagarde has called for decisive action from world leaders to end uncertainties in the global economy that are prolonging “terrifying and unacceptable” levels of unemployment.

Finance leaders to address global economic threats

WASHINGTON (AP) — When global finance ministers meet this week in Tokyo, they'll confront a triple challenge: Economic troubles in three major regions are threatening the world's economy.

China Q3 GDP growth seen slowing for 7th straight quarter

BEIJING: China's annual economic growth probably slowed for a seventh straight quarter in the July-September period to the weakest level since the depths of the global financial crisis, a Reuters poll showed, reinforcing the case for further policy stimulus.

Iran government likely to win battle of wills over currency

DUBAI: A battle of wills between Iran's government and foreign exchange traders may end with authorities taking over all legal trade in the rial, leaving many Iranians to seek hard currency illegally in a poorly supplied black market.

Euro zone recovery to take years: ECB's Coeure

FRANKFURT: The euro zone economy will not operate at its full potential again for many years, but will emerge stronger, European Central Bank Executive Board member Benoit Coeure said in an interview published on Saturday.