Poland economic policy to protect growth:Tusk

CHORZOW (Reuters) - Prime Minister Donald Tusk said the government will run an economy balanced between fiscal discipline and economic expansion, signaling it will not sacrifice growth to spending cuts.

US consumer sentiment improves in late June

NEW YORK: US consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.

European Union meet again to agree rules for bank failures

BRUSSELS: European Union finance ministers are making a fresh attempt to set up rules on who will pay for bank bailouts without letting taxpayers foot the bill.

India warns over UK plan to make visitors pay £3,000 bond

Indian business leaders have criticised plans to make visitors pay a £3,000 "security bond" to enter the UK. The idea, to be piloted from November, is aimed at deterring people from "high risk" countries staying in the UK once their short-term visas expire.

US stock markets fall sharply over Fed comments and China growth concerns

US stock markets fell sharply on Monday, as markets worldwide continued to react negatively to comments by the Federal Reserve last week and signs of weakness in the Chinese economy.

Big farms set to lose in EU agriculture subsidy shake-up

LUXEMBOURG: European Union negotiators gathered on Monday for talks to finalise reforms of the bloc's 50 billion euro-a-year farm policy that could remove almost half of the subsidies now given to some of its largest grain and livestock producers.

Abe’s Arrows of Growth Dulled by Japan’s Three Principles

As Japan’s economy fell into recession last year, Yoichi Uehara wanted to save money at his family firm.

China Manufacturing Shrinks Faster in Threat to Europe

China’s manufacturing is shrinking at a faster pace this month, a trend that threatens to stem an economic recovery in the euro area from the currency bloc’s longest-ever recession.

Jobless claims up, but firming labor market tone intact

(Reuters) - More Americans than expected filed new claims for unemployment benefits last week, but still not enough to signal a material shift from the recent pace of moderate job growth.

Cyprus leader Anastasiades attacks bank bailout terms

Cyprus President Nicos Anastasiades has urged eurozone leaders to revise the terms of his country's bank bailout, in a highly critical letter.

Consumer Prices in U.S. Increased Less Than Forecast in May

The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.

Spain emerging from crisis: Budget minister

SANTANDER: Spain is emerging from its financial crisis and may be heading for a "turning point" thanks to strengthened public finances, having narrowly avoided a full-scale bailout in 2012, Budget Minister Cristobal Montoro said Monday.

French Socialists call for weaker euro, eased EU budget rules

PARIS (Reuters) - France's ruling Socialists called on Sunday for a weaker euro and changes to EU rules on budget deficits, accusing the centerright governments of Britain and Germany of creating economic hardship across the European Union.

BOJ Urged to Set Easing Time-Limit to Quell Bond Volatility

The Bank of Japan should specify a two-year limit for its unprecedented monetary easing to help quell bond-market volatility, according to one of the central bank’s board members.

IMF: US economy improving but tax increases a drag

WASHINGTON (AP) — The International Monetary Fund said Friday that the U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases.

Nation's CEOs say economic recovery still on slow road

WASHINGTON -- Four years into a sluggish recovery marked by modest hiring, the economic horizon looks pretty much the same in the eyes of the nation's top corporate bosses.

UK job market perks up in latest sign of recovery

LONDON: The number of Britons claiming unemployment benefit fell more than expected in May to its lowest in two years in the latest sign that the recovery is moving onto a firmer footing.

What This Economic Recovery Looks Like

Last week’s unemployment report showed a slow but steady economic recovery taking place. While the number of people “discouraged from work” did not change, the economy did create 175,000 jobs, which is a step in the right direction.

U.K. Recovery Gathers Pace as Output Gauge Improves, BDO Says

Britain's economic recovery is showing signs of strengthening, with indexes of confidence, output and employment rising, according to a survey by BDO LLP.

Consumers in crisis-hit Spain put brakes on spending

MADRID: Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.

Merkel urges more EU structural reforms

(Reuters) - Chancellor Angela Merkel urged European Union countries on Saturday to carry out further structural reforms, saying Germany could only remain in good shape if the European economy recovers.

US economy adds 175,000 jobs in May

US employment rose by slightly more than economists had predicted during May. The latest US non-farm payrolls show that 175,000 jobs were created last month.

UK services sector in fastest growth since March 2012

The UK's services sector, which accounts for around 75% of the economy, grew at its fastest rate since March 2012, new data suggests. The Markit/CIPS Services Purchasing Managers' Index (PMI) for the UK rose to 54.9 in May from 52.9 in April.

Eurozone recovery signs few and far between

LONDON: A run of economic figures for the 17 European Union countries that use the euro all showed the same thing _ growth remains elusive.

Japan's Shinzo Abe hails Africa as 'growth centre'

Africa will be an engine for world growth in the coming decades and Japan has to invest more on the continent, Japan's prime minister has said.

King Urges Carney to ‘Be Himself’ at BOE as Economy Recovers

Bank of England Governor Mervyn King said an economic recovery in the U.K. appears to be under way and advised his successor, Mark Carney, to “be himself.”

China Manufacturing Tops Estimates in Sign Growth Is Stabilizing

China’s manufacturing unexpectedly accelerated in May, indicating that a slowdown in economic growth in the first quarter may be stabilizing.

Britain asks Germany to help lead reform of EU

(Reuters) - Foreign Secretary William Hague called on Britain and Germany to lead a campaign to reform the European Union on Friday as he explained how the bloc could be overhauled and derided planned EU financial services regulation as "folly".

US economic recovery may not be good for many

The U.S. markets are getting worried again - but this time the fear is refreshingly different. The worry is that economic growth may be about to accelerate.