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.
China recorded a small trade deficit of $884 million in March as imports surged way ahead of market expectations, growing 14.1 percent year on year, while annual export growth of 10.0 percent were largely in line with forecasts.
The global ratings agency cut China's long-term local currency credit rating to A-plus from AA-minus on Tuesday with a stable outlook, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.
British banks could pay up to a quarter more to be supervised as two new watchdogs adopt more intrusive regulation and impose higher fines which will be paid into the coffers of cash-strapped government.
The digital currency bitcoin continued its surge on Tuesday crossing $200, more than doubling in value in just over one week.
U.K. stocks performed better during Margaret Thatcher's tenure compared to any other period of time over the last 50 years.
Greek consumer prices entered deflationary territory for the first time in 45 years, data showed on Tuesday.
Slovenia is heading toward a severe banking crisis and a deep recession despite recent reforms, according to the OECD.
Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet.
A "crescent of chaos" emerging from the Middle East and North Africa (MENA) region and tensions with Iran could lead to a dramatic turnaround in the price of oil, according to Nomura's analysis.
French media group Lagardere Tuesday said it has sold its entire 7.4% stake in European Aeronautic Defence & Space Co EADS through a private placement for 2.28 billion euros.
German imports fell sharply in February for the third time in the last four months and exports also declined.
France's economy is at near-stall speed, trade and budget deficits widened last month and the country is embroiled in increasing political uncertainty.
The euro isn't working, says Professor Moorad Choudhry.
Japanese investment in Europe's bond markets are expected to jump following the Bank of Japan's drastic action to ease monetary policy, the FT reports.
The European Financial Stability Facility is set to launch a new five-year benchmark bond on Tuesday that remains part-guaranteed by bailed-out Cyprus.
Israel's richest man, is relocating to London in a move likely to inflame debate about unfettered wealth and inequality in his country. The Financial Times reports.
U.S. markets, particularly the riskiest areas of investment, are likely to benefit at least near term from the latest entrant to the central bank money-printing arena: Japan.
Margaret Thatcher's economic reforms were the driving force behind the creation of the euro zone, a senior political analyst told CNBC.
France's Socialist government promised on Monday to publish details of individual ministers' assets next week as it scrambled to stem a deepening scandal over a former budget minister's secret foreign bank account.
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.
There is a clear difference between U.S. and Chinese education, according to pianist Lang Lang - the amount of free time.
The Chinese pianist Lang Lang learned to love classical music from Tom and Jerry.
Lang Lang says that winning competitions is seen as hugely important in China and this had proved detrimental for his early career.