Canada officially falls into recession

Canada fell into recession in the first half of the year, government data confirmed Tuesday, posting its weakest results since the 2008 global financial crisis.

India's economy grows by 7% in Q1

India's economy grew by a slower than expected 7.0 percent in the first quarter, official figures showed Monday, adding to pressure on Prime Minister Narendra Modi to speed up efforts to boost growth.

Oil prices jump on strong US data

World oil prices surged more than 10 percent Thursday after strong US economic growth data lifted confidence about the world's biggest economy and petroleum user.

Japan inflation falls back to zero

Japanese inflation fell back to zero in July, official data showed Friday, raising speculation that the central bank would unleash a fresh round of stimulus.