The Spanish economy will shrink by around 1.5 percent this year as a contraction that began last quarter deepens, Economy Minister Luis de Guindos said in an interview published Sunday.

The stronger the economy gets, the more the presidential race comes down to what voters believe: Are things actually getting better? Or is it all still a mess?

The latest surge in US job creation suggests the world's biggest economy is gathering momentum -- in contrast with the recession taking hold in parts of Europe.

Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export demand due to Europe’s debt crisis.

Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export demand due to Europe’s debt crisis.

The economy likely produced another solid month of hiring in January, a promising start for 2012.

“The past is a foreign country: they do things differently there.” — L.P. Hartley, English novelist It must now be obvious that, economically speaking , we’re in another country. Things we once took for granted no longer apply; things we never imagined occur all the time. We’ve entered a zone of ignorance where familiar experience and ideas count for less. “Thirty years ago, if you’d said that ...

China’s economy may be headed for a “rough landing,” Singapore Prime Minister Lee Hsien Loong said.

The U.S. economy likely produced another solid month of hiring in January, a promising start for 2012.

The economy will be the political battleground in 2012, Prime Minster Julia Gillard said today, as she refused to be drawn on questions regarding leadership tensions with Kevin Rudd.