The Markit household finance survey’s measure of financial well-being for the next 12 months rose to its highest level since the survey started six years ago

British households were more optimistic in December about their financial prospects in the coming 12 months than at any point in the last six years, (...)

Further price cutting, together with signs of economic performance deteriorating in the core countries, will concern the European Central Bank which is battling to reinvigorate the economy and drive up dangerously low inflation

Heavy discounting failed to stop euro zone business activity growing less than thought last month, a survey showed on Wednesday, suggesting the econo(...)

An employee welds the exterior of a vehicle along a production line at a factory in Qingdao, Shandong province. Photograph: China Daily/Reuters

Growth in China’s manufacturing sector slowed in November, suggesting the world’s second-largest economy is still losing momentum and adding pressure (...)

Markit said the PMIs point to a 0.2 per cent expansion of GDP in the current quarter, with risks to the downside.

Euro zone businesses performed much better than anyone expected this month but did so by slashing prices again, and optimism about the future fell to (...)

Wage growth has been weak despite Britain’s strong economic recovery, but the number of people in employment and total hours worked have grown much more rapidly

British households’ incomes from employment rose at the fastest rate in more than five years in early October, but many families still feel under fina(...)

Beijing: The services sector made up 46.1 per cent of gross domestic product in 2013

Growth in China’s services sector weakened slightly in September as new business cooled, a private survey showed on Wednesday, reinforcing signs of a (...)

Geopolitical tensions could still provide some support to oil prices, but conflicts in the Middle East, North Africa and Ukraine have so far had only limited impact on crude output

Oil prices fell below $91 a barrel on Wednesday to their lowest since June 2012, holding to a months-long tumble in prices as lower economic growth fo(...)

A service industry PMI for France, the bloc’s second-biggest economy, sank to 49.4 after just two months in growth territory. Photograph: Christian Hartmann/Reuters
Eurozone suffers unexpected slowdown
  • Economy
  • September 23, 2014, 10:56

Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row. The dat(...)

“The most prudent course is likely to be a period of stability in interest rates,”  Glenn Stevens, governor of the Reserve Bank of Australia, said over-night as held the country’s key interest rate steady at 2.5 per cent. Photograph: Ian Waldie/Bloomberg

Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, pouring cold water on the positive market (...)

Michael O’Leary: under his stewardship Ryanair has offered an attractive dividend yield. Photograph: Dave Meehan

For income-hungry investors, plummeting bond yields and deposit rates over the past few years have meant they have had to look for returns elsewher(...)