The top financial brass from the Treasuries and central banks of Britain and the US are to take part in a war game, behind closed doors in Washington on Monday, to test how they would handle another Lehman Brothers-style banking crisis .
Goldman Sachs slashed its growth forecast for Hong Kong as pro-democracy protests stretched into their third week, with no end in sight.
Six years ago, finance ministers and central bank governors gathered in Washington for the annual meeting of the International Monetary Fund with the global financial system teetering on the brink.
Here we go again. Just as it looked like the recovery was on a firmer footing, and a little smugness had even crept in over Britain growing faster than other big economies, we’re hit with fresh warnings about a slowdown.
George Osborne has said the eurozone risks slipping back into a crisis with negative consequences for the British economy.
Britain’s financial services sector is growing at the fastest rate since before the financial crisis, according to the latest snapshot of the industry from the CBI.
After dismal summer employment numbers, the US added a robust 248,000 jobs to the economy in September, but the unemployment crisis continues as two other key measures are still unnervingly high: long-term unemployment and number of people in jobs they don’t want.
Economist Nouriel Roubini, renowned for his foretelling of the housing bust and financial crisis, has revealed the key flashpoints that are keeping him up at night, which he believes could hit "rationally complacent" financial markets.
Growth in the world’s $70tn (£43tn) shadow banking system is a risk to financial stability and monitoring of the sector is inadequate, the International Monetary Fund has warned.
The US economy grew at its fastest rate for two and a half years in the second quarter after a broad-based pick-up in activity, boosting hopes of a sustained recovery.
The Bank of England's governor, Mark Carney, has warned trade union members that they face higher interest rates next spring before they receive rises in real wages.
China is set to overtake the U.S. as the world's largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics.
Do you only sorta-kinda know about economics? Are you unsure about the difference between budget deficit and the national debt? You should read this entertaining lexicon.