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Indonesia's economy grew at just 6.02% in the first quarter of 2013, compared with the previous year. That's the slowest growth in two years, and it's in large part due to flagging export demand.

Chancellor to stick to austerity strategy and defend stance at upcoming London talks

Here's yet another reason we may never trust credit-rating agencies again: One of the biggest of them has just suggested that we shouldn't.

Recent data shows growth is slowing in the United States and China, while Europe's recession is still underway. And even though Japan has announced a massive stimulus program, it's not likely to grow much this year either.

Government poised to offload several major assets, starting with some or all of its £3bn stake in Urenco nuclear fuel firm

The coldest March in 50 years may have tipped the ailing U.K. economy into a third recession since the financial crisis, a result that will raise further doubts about the government's policy of austerity.

British chancellor says he wants to put tax reform at centre of Britain's presidency of the G8 this year

Trillions of dollars at risk as stockmarkets inflate value of fossil fuels that may have to remain buried forever, experts warn

Pontiff says politicians need to be bold in tackling the root causes of the economic crisis

Business secretary speaks out against rush to sell bailed-out bank, saying it could be used to make sector more competitive

Bailed-out bank's chairman uses strongest language yet to talk of sale, as RBS reports first-quarter profits of £826m

With around a quarter of its population older than 60, Japan has rightly earned its rep for having the worst demographic crises in the world.

Almost three times as many women as men have become long-term unemployed since 2010, says Fawcett Society

Goldman Sachs boss Lloyd Blankfein says the UK must stick with its austerity plan or face a negative reaction from global investors.

Chancellor to beef up £80bn loans scheme amid US calls for Britain to tone down austerity measures

The world's leading economies set an objective on Saturday to boost growth and jobs at the end of a weekend of high-level meetings, but undermined their ambitions with sharply differing views of the necessary policies.

Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations.

The UK desperately needs to do something different.