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Dominique Strauss-Kahn has reportedly reached a deal with the New York hotel maid who accused him of sexual assault. The charges against Strauss-Kahn were dropped, but the maid had also filed a civil lawsuit against Strauss-Kahn, which was still pending before the reported settlement deal.

Euro zone finance ministers and the IMF announced on Monday night that they reached a deal on an urgently needed bailout for Greece.

Mohammed Morsi's government has the hard job of rebuilding Egypt's economy, but the IMF's $4.8 billion will make it a bit easier.

The Kingdom of Spain is increasingly resorting to off-the-cuff ideas meant to somehow push against the national economy’s death spiral.

A sharp exchange between top EU and IMF officials revealed a rare public rift between their approaches to the euro zone financial crisis.

The U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Bureau of Economic Analysis's trade deficit report.

China's non-manufacturing activity rose in October compared to that in the previous month, decreasing the concerns over the slowdown in the economic growth of the country.

Greek leaders say that demands made by the three big institutions that decide whether the nation gets bailout money are "unacceptable."

According to the official data released Thursday, China’s industrial production rose in September compared to that in the previous month, indicating an upswing in the manufacturing output.

Fed Chairman Ben Bernanke on Sunday tried to refute arguments that the central bank’s aggressive monetary easing has sparked a global “currency war” that risks destabilizing emerging market economies.

Indian Finance Minister P Chidambaram urged Reserve Bank of India Saturday, to support the struggling economy by reciprocating the government’s attempts to rein in fiscal deficit, while further strengthening industries and markets plea for monetary easing.

Greece will need two more years for meeting the fiscal targets, according to International Monetary Fund Managing Director Christine Lagarde.

Asian shares fell Wednesday, led by losses in technology and materials stocks after brokerage downgrades for Intel and a warning from global miner Rio Tinto about the uncertain near-term outlook.

The U.S. stock index futures point to a lower open Tuesday as investor sentiment continue to be weighed down by concerns over the declining global growth rate.

The IMF cut its global growth forecast Tuesday morning for the second time since April and warned U.S. and European policy makers that failure to fix their economic ills would prolong the slump.

The news that Bank of America was speeding up the layoffs of 16,000 workers aroused fear on Wall Street.

Most of the Asian markets dropped Tuesday as investor confidence was weighed down by the intensifying tensions between China and Japan and the increasing concerns over the euro zone debt crisis.

European markets fell Monday as investor sentiment turned negative after fears of the debt crisis affecting the euro zone were revived undermining the optimism over the stimulus measures announced by policymakers to bolster economic growth.

European markets fell Tuesday as investor confidence was weighed down by increasing concerns of the debt crisis affecting the euro zone.

Most of the Asian markets fell Tuesday as investors' concerns about the debt crisis affecting the euro zone were revived, undermining the optimism initially raised by the bond-buying plan announced last week by the European Central Bank.

Christine Lagarde, managing director of the International Monetary Fund (IMF), issued the following statement at the opening of Asia-Pacific Economic Cooperation (APEC) Leaders Summit in Vladivostok, Russia on Sunday.

China's services activity growth declined in August to the slowest pace in a year after the recovery in July, according to the HSBC Purchasing Managers' Index released Wednesday.

China's manufacturing activity declined in August compared to that in the previous month, increasing concerns over a slowdown in the economic growth of the country.

German Chancellor Angela Merkel voiced support for Bundesbank chief Jens Weidmann on Sunday, saying she welcomed his warnings about the handling of the euro zone debt crisis and saw his influence within the European Central Bank as positive.

Research groups say Israel may only suffer a 5 percent blow to GDP, but estimating the full cost of a war is a notoriously inaccurate undertaking.

Most of the European markets fell Friday as investors were worried that the economic condition of the euro zone continued to weaken.

The Egyptian government Wednesday sought a $4.8-billion loan from the International Monetary Fund to help boost the country's economy struggling to recover from a political turmoil since last year's uprising that led to the fall of President Hosni Mubarak.

European markets rose Thursday as investors were hopeful ahead of the meetings between the Greek and other euro zone leaders this week to discuss measures to tackle the economic and financial instability affecting Greece.

China's manufacturing activity fell in August compared to that in July, according to the preliminary HSBC Flash Purchasing Managers Index released Thursday.