Australian Treasurer Joe Hockey has announced its Mid-Year Economic and Fiscal Outlook (MYEFO) in Canberra on Tuesday, forecasting a 47 billion AU dollars (almost 42.06 billion U.S. dollars) deficit in 2013-14, and 123 billion AU dollars worth of cumulative deficits over the forward estimates.
The Australian Coalition government marked its 100 days since the Sept. 7 election on Monday and pledged to keep building a stronger, more prosperous economy of Australia in 2014.
Four mainland-headquartered banks on Tuesday issued bonds in renminbi worth 6.7 billion yuan (1.1 billion U.S. dollars) in Taiwan.
British government will levy foreign property owners on selling homes that are not their primary residence, Finance Minister George Osborne announced on Thursday in his autumn budget statement.
The state pension age in Britain will increase to 68 in mid 2030s and 69 in late 2040s, announced Finance Minister George Osborne.
The Japanese central bank returned to black in the period from April to September for the first time in five years on a half-year basis, with a net profit of 400.62 billion yen, according to local media on Wednesday.
South Korea's current account surplus hit a fresh record high last month when exports topped 50 billion U.S. dollars for the first time in the country's history, central bank data showed Thursday.
Currency fund Tianhong Zenglibao has become the first fund in China to hit 100 billion yuan (16.30 billion U.S. dollars) of sales thanks to its cooperation with Yu'ebao, Alibaba's wealth management product.
Commonwealth leaders on Sunday committed to work on post-2015 development including debt financing and climate change during a conference that was marred by criticism over Sri Lanka's human rights record.
Milan prosecutors were investigating the Italian subsidiary of Apple for alleged fraud of around one billion euros (1.3 billion U.S. dollars), local reports said on Wednesday.
Chinese netizens clicked their way through purchases during a 24-hour online shopping frenzy on Monday, highlighting a booming online retail sector amid massive discounts and record-breaking sales numbers.
Japan's current account surplus increased in the first half of fiscal 2013, up for the first time in six half-year periods, as trade deficit was overweighed by the growth in direct investment income, local media reported Monday.
Samsung Electronics, the world's largest maker of smartphoens and memory chips, said Wednesday that it will seek more mergers and acquisitions (M&A) down the road to boost new growth engines and strengthen the existing tech businesses.
Hong Kong Exchanges and Clearing Limited (HKEx) said Tuesday that it welcomes the decision by the Ministry of Finance (MoF) to list yuan-denominated sovereign bonds again on its Stock Exchange (the Exchange), and for the first time use the Exchange's facilities for a public offer of its bonds.
Hong Kong Exchanges and Clearing Limited (HKEx) said Tuesday that it welcomes the decision by the Ministry of Finance (MoF) to list yuan-denominated sovereign bonds again on its Stock Exchange (the Exchange), and for the first time use the Exchange's facilities for a public offer of its bonds.
The Philippines recorded the second biggest foreign direct investment (FDI) inflow for the first half of this year, according to the United Nations Conference on Trade and Development (UNCTAD).
The U.S. federal government budget deficit fell to 680 billion dollars for the 2013 fiscal year, as its revenue increased and spending dwindled, the Treasury Department reported Wednesday.
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