Bank of Japan (BOJ) Governor Haruhiko Kuroda

As deflation deadline nears, BOJ faces prospect of failure

With just five months left before Governor Haruhiko Kuroda's self-imposed deadline for banishing deflation, the Bank of Japan is preparing for failure, and the first casualty could be its facade of board unity.

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France's 2015 Budget Project

EU provisionally clears French, Italian budgets after tweaks

The European Commission provisionally accepted the budgets of France and Italy, saying on Tuesday that no euro zone states had submitted deficit plans for next year that seriously breached EU rules for fiscal stability.

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President Xi Jinping

China bans private clubs in parks, historical buildings in graft crackdown

China has banned private clubs in historical buildings, parks and other public facilities because they are hindering the fight against corruption, state media said on Monday, as the government broadens its anti-graft and frugality campaigns.

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Brazil's President Dilma Rousseff

Rousseff will struggle to restore Brazil's economic good times

President Dilma Rousseff narrowly won re-election by spending heavily and promising to extend the fight against poverty but she will need to restore order to public finances in her second term to get Brazil's stalled economy back in gear.

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No Russia-Ukraine gas deal at EU talks; Moscow queries finances

Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay.

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Bank of England

Banks to get instruction manual for submitting Libor quotes

Banks who submit quotes for compiling Libor interest rates will have to follow a manual of instructions to avoid a repeat of the rigging seen in the past, the benchmark's new administrator said on Monday.

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Suez canal near Ismailia port city

Egypt signs with six international firms to dredge new Suez Canal

Egypt signed contracts with six international firms on Saturday to carry out dredging of the new Suez Canal, the flagship project in President Abdel Fattah al-Sisi's program to revive an economy battered by years of political turmoil.

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Russia's President Vladimir Putin (L) shakes hands with Ukraine's President Petro Poroshenko

Ukraine says it agrees on interim gas price with Russia

Ukraine's and Russia's leaders have reached a preliminary agreement on a price for gas supplies this winter but Kiev may need international help to pay, Ukrainian President Petro Poroshenko said on Saturday.

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Europe-Asia summit

Russia and Ukraine reach tentative gas deal in tough Milan talks

Russia and Ukraine made progress on Friday towards resolving a dispute over gas supplies in time for winter, but European leaders said Moscow still had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

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US Federal Reserve

Fed's Plosser sees risks in Europe, confident on U.S.

A top Federal Reserve official said on Thursday there are risks in Europe, which is having a "tough time" economically, but he downplayed the possible impact on the U.S. economy and U.S. exports.

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American Jobs Act

White House, companies look for ways to hire long-term unemployed

Vice President Joe Biden will meet with human resource officers from major U.S. companies at the White House on Wednesday to discuss changes to hiring practices aimed at improving employment prospects for people who have been out of work for a while.

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China to scrap mortgage fees for some home loans: state media

China will scrap some charges for homebuyers who borrow from a government housing fund, state media said on Monday, as Beijing makes another move to boost the weak property market by reducing costs.

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IMF Managing Director Christine Lagarde

Trade engine shifts down just as global growth needs a boost

Policymakers scrambling to keep the world economy from settling into the "new mediocre" of sluggish growth can no longer rely on global trade to do the heavy lifting.

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Elbit Systems

Israel's Elbit Systems wins U.S. Army helmet contract

Israeli defense electronics company Elbit Systems said its U.S. subsidiary, Elbit Systems of America, won a $12.7 million contract to provide Apache Aviator Integrated Helmets to the U.S. Army helicopter fleet.

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Valeria Hontareva

Ukraine, Russia central bankers quip, shake hands in Washington

Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington on Saturday and described differing fallout from the conflict in eastern Ukraine.

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