More needs to be done to promote global economic growth, and any additional U.S. deficit reduction needs to be restrained, the IMF's Christine Lagarde told CNBC.
Bitcoin staged an impressive comeback Wednesday, after crashing nearly 60 percent earlier to a low around $105, erasing more than half of its intraday losses.
Italy's caretaker government on Wednesday sharply hiked its targets for public debt this year and next despite waves of austerity measures, and said there was now room for less restrictive fiscal policy.
German Chancellor Angela Merkel's conservatives and their junior coalition partners have enough support to win a governing majority in September's election for the first time in more than three years, according to a poll out on Wednesday.
Banks in bailed-out Portugal need an extra 8 billion euros ($10 billion) in capital, based on conservative tests of their financial health, Moody's Investors Service said on Wednesday.
Goldman Sachs downgraded its 2013 price target for gold and advised investors to short the precious metal, in a commodities report out on Wednesday.
Luxembourg plans to lift bank secrecy rules for European Union citizens who have savings based in the country, the prime minister announced on Wednesday.
As the French government is mired in a growing scandal over secret foreign bank accounts, President Francois Hollande called for tax havens to be eradicated.
James Crosby, former boss of failed British bank HBOS, offered on Tuesday to give up his knighthood and nearly a third of his pension after being denounced by lawmakers for the "colossal failure" that led to his bank's collapse.
China saw export growth of 10 percent year on year in March while exports to the U.S. and Europe, its two biggest markets, continued to slump, which is making analysts question the reliability of the data.
The world's biggest bond fund manager Bill Gross has had a change of heart on Treasurys, raising allocations to U.S.government bonds.
Malian authorities will give French President Hollande another camel after the one they gave him in thanks for helping repel Islamist rebels was eaten.
Germans are one of the poorest groups in Europe, according to the surprising findings of a joint survey by various divisions within the European Central Bank.
Demand for 500 euro bills as a store of value has started to decline, according to a currency strategist, who told CNBC that the note is used extensively for criminal activity and should be abolished.
The effort by U.S. Treasury secretary Lew to persuade Europe to consider shifting its focus from budget balance to growth highlighted a deep trans-Atlantic policy gulf, the NYT reports.
Billionaire investor George Soros is the latest person to criticize Germany's role in the euro zone crisis, telling the country that it should consider leaving the euro zone.
Repeated threats of aggression from North Korea have created little panic in markets, but some experts warn that a big risk could be Pyongyang not knowing it's crossed the line.
Italian center-left leader Bersani met his center-right rival Berlusconi to discuss the election for the next president, offering hope of a breakthrough in the deadlock.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
Austria and Luxembourg are preparing to ease longstanding bank secrecy rules, allowing other EU member states access to their depositors' account details amid mounting pressure to crack down on tax evasion. The FT reports.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Dolly Parton has formally opened the doors of the latest addition to her growing Dollywood theme park empire, the "DreamMore" resort.
Tania Bryer speaks to fashion designer Diane von Furstenberg about her extraordinary life.
In part two, designer Diane von Furstenberg talks to Tania Bryer about starting again in the fashion business.