Sales of residential property in New Zealand have soared to a four year high in January 2012, according to figures released by government owned property valuer Quotable Value (QV).

Reports for the month of July 2011 found that house prices across New Zealand remained

Global ratings agency, Standard & Poor’s (S&P), have warned that it could lower Japan’s sovereign rating if the economy expands less than predicted.

China and Japan have begun work this month to produce a mutual currency exchange system.

The Japanese Finance Minister caused a bit of a stir this week when he suggested the country would be willing to risk friction with the United States by taking steps to deliberately weaken the yen if necessary.

The Indian government expects the country’s economy to grow between 7.5% and 8% over the next two years.

The European Central Bank (ECB) has been hit with its second lawsuit from The British Treasury as it attempts to block the ECB’s proposed “location policy”.

New research suggests that Canadians are becoming increasingly pessimistic about the future of their national economy as fears grow that any recent gains in living standards will subside rapidly.