Economy News

Canadian housing starts rose more than expected in February, data released on Monday showed, though the modest increase was unlikely to sway the view that the country's housing market is stabilizing.

Brussels - The European Union is making steady progress towards its 2020 renewable energy target, a key effort in curbing the greenhouse gas emissions blamed for global warming, official data showed Monday.Renewables -- predominantly wind but including tidal and ...

Paris - The French economy is expected to grow by 0.2 percent in the first quarter, the country's central bank said Monday, confirming a preliminary forecast issued a month ago.The bank makes its forecasts based on a monthly survey of a panel of private sector...

The Bank of Japan is expected to maintain its massive monetary stimulus on Tuesday on a view the economy can weather a sales tax increase in April without extra support, although there is expected to be s...

Tokyo - Japan's economy expanded 0.2 percent in the quarter to December and 1.5 percent through 2013, revised data showed Monday, as growth came in slightly weaker than previously thought.Preliminary figures last month showed that gross domestic product grew 0...

Hanover - Britain and Germany will team up to work on developing the next super-fast mobile network, 5G, Prime Minister David Cameron told the opening of the world's biggest high-tech fair Sunday.Cameron said the initiative was one of three areas he wanted Brita...

Belgrade - The devastated Viskoza factory in western Serbia was once a proud symbol of Serbian industry.

Putnok - For Prime Minister Viktor Orban, Hungary's rising employment rate is more evidence of his masterful economic stewardship and another reason to give him a new term in elections on April 6.Under his watch, the number of working Hungarians has soared to a...

Europe's and Asia's industrial health will be closely watched in the coming week for an indication of how solid - or weak - a footing the global economy was on at the start of the year.

- The German IT and communications sector is set to return to growth in 2014 driven by smartphones and tablet computers but still trail a booming global market, an industry lobby said Sunday.On the eve of the world's biggest hi-tech fair, Germany's BITKO...