G20 warns of financial volatility risk as central banks diverge

WASHINGTON, April 17 (Reuters) - The Group of 20 leading economies was set on Friday to warn of a heightened risk of financial volatility as the monetary policies of major central banks begin to go their separate ways.

Greece at substantial risk of default, say experts

Greece is at substantial risk of a default, one of the world’s three leading ratings agencies said on Wednesday, as it downgraded the debt of the struggling eurozone country.

'Quick fix' Labour plans a cause for concern, experts warn

A Labour government would introduce "quick fixes" and interventionist policies, hindering job growth and sending a signal that Britain was no longer open for business, experts have warned. Business groups gave a lukewarm reception to Ed Miliband's unveiling of the Labour manifesto.

Hiring of workers in UK remains at 'sky-high' levels

Employers in the UK plan to keep hiring more staff, but concerns remain about the country's failure to raise productivity, a new report has warned.

South Africa Stocks Rally to Record in Best Week Since January

South African stocks advanced to an all-time high as emerging markets benefit from low global interest rates, which are prompting investors to seek assets deemed as risky for higher returns.

IMF's Lagarde sees 'new reality' of mediocre growth

WASHINGTON (Reuters) - Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday.

Eurozone: Six days for Greece to offer new reforms

The eurozone has said only six working days are left for Greece to come up with a revised list of reforms to seal a deal on its next rescue bailout.