Construction site in Beijing’s central business district:  report by London-based research house Capital Economics believes that China’s economic growth is being overstated by one to two percentage points because of a glitch in the way the data is calculated. Photograph: Reuters/Jason Lee

Economists regularly complain that Chinese gross domestic product (GDP) data is not to be entirely trusted, because they believe political manipulatio(...)

The budget deficit fell to £10.1 billion from £12.4 billion a year earlier, a smaller gap than economists had forecast.

Strong income tax receipts pushed British government borrowing to its lowest May reading since 2007, adding to signs that revenue growth could play a (...)

US retail sales rose 1.2 per cent in May from April, and by 2.7 per cent from the same month in 2014

The case for a second-quarter recovery in the US economy grew stronger after retail sales data showed Americans emerged from a long, cold winter and h(...)

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City. Sterling jumped the most since 2009 against the euro, and climbed at least 0.9 per cent versus its 16 major peers. Photograph:  Tim Ireland/PA Wire.

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City(...)

Britain’s prime minister David Cameron and his wife Samantha return to 10 Downing Street after Britain’s general election, in London. Photograph: Stefan Wermuth/Reuters

World bond and stock markets rose on Friday after a bruising week and sterling surged to a two-month high after the business-friendly Conservative par(...)

Chinese President Xi Jinping: A brokerages boom appears to have added more than half a percentage point to Chinese GDP in the first quarter as equities turnover surges. Photograph: Alan Betson/The Irish Times

Just what is going on in the Chinese stock market? There is a frenzied feeling about the equity market, where a world-beating rally has seen the bench(...)

Mario Draghi, president of the European Central Bank (ECB), pauses whilst speaking during the inauguration ceremony for the new European Central Bank headquarters in Frankfurt . Photographer: Martin Leissl/Bloomberg

Euro zone banks expect strong demand for loans from companies and home buyers in the coming months as the European Central Bank’s money printing impro(...)

Narendra Modi, India’s prime minister: some  analysts feel that he  has so far failed to bite the bullet on meaningful reforms. Photograph: Tomohiro Ohsumi/Bloomberg

For several years the question has been when, or if, India will finally take off and register a prolonged period of sustained economic growth. Free-ma(...)

The US economy pumped out a strong 295,000 net new jobs in February. Photograph: Jewel Samad/AFP/Getty

The dollar soared and bond yields spiked as hiring by US employers surpassed Wall Street expectations and sparked heightened speculation that the Fed(...)

European Central Bank (ECB) president Mario Draghi and Vice President Vitor Constancio (left) leave after addressing an ECB news conference in Frankfurt. Photograph: Kai Pfaffenbach/Reuters

Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, a day after the European Ce(...)