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.

Global stocks climb on US growth

Global stock markets surged Thursday on renewed confidence in the US recovery after days of wild swings, but some observers warned of more turbulence to come over the slowing Chinese economy.

Markets nervous after China rate cut

European markets joined Asia on a roller-coaster session Wednesday, as China's interest rate cut showed no sign of ending a crisis fuelled by fears over stalling growth in the world's number-two economy.