SEOUL, Aug 1- South Korean exports fell for a seventh straight month in July over a year earlier, further clouding the outlook for the struggling economy as demand from China, Europe and other major markets remains weak. South Korea is the first major exporting economy to report monthly trade data and home to global suppliers such as Samsung Electronics, Hyundai...» Read More
European shares closed mixed on Tuesday, with upward momentum coming from the basic resources sector as benign Chinese inflation data raised hopes of further monetary easing by Beijing.
Greek consumer prices entered deflationary territory for the first time in 45 years, data showed on Tuesday.
Slovenia is heading toward a severe banking crisis and a deep recession despite recent reforms, according to the OECD.
German imports fell sharply in February for the third time in the last four months and exports also declined.
Japanese investment in Europe's bond markets are expected to jump following the Bank of Japan's drastic action to ease monetary policy, the FT reports.
The European Financial Stability Facility is set to launch a new five-year benchmark bond on Tuesday that remains part-guaranteed by bailed-out Cyprus.
European shares closed off their highs on Monday but remained in positive territory, shrugging off poor investor sentiment data for the euro zone.
France's Socialist government promised on Monday to publish details of individual ministers' assets next week as it scrambled to stem a deepening scandal over a former budget minister's secret foreign bank account.
Spanish Prime Minister Mariano Rajoy said on Monday that Europe should looks to give the European Central Bank more powers, in answer to a question on the Bank of Japan's stimulus measures.
Two of Greece's biggest banks face nationalization after failing to attract private investment and a surprise move by the state to suspend their merger deal.
UPS has appealed the European Union's decision to block its 5.16 billion euro (4.36 billion pounds) bid for Dutch competitor TNT Express, a UPS spokeswoman told Reuters on Sunday.
As Treasury Secretary Jack Lew kicks-off his first official visit to Europe, analysts said efforts to coax euro zone leaders to pursue growth-generating policies may fall on deaf ears.
Euro zone sentiment fell for a second consecutive month in April due to concerns over the Cyprus bailout, Sentix research group said on Monday.
The rejection of austerity by Portugal's main court puts new pressure on the country's faltering reform program and the euro zone, analysts told CNBC.
Portugal's prime minister told his country Sunday to brace for even harder times after a court ruling forced his government to find more savings through steep spending cuts.
Pimco's Mohamed El-Erian says the key assumptions of a Cyprus reform program that recently came out of the troika are already outdated.
Italy's cabinet approved a measure to provide 40 billion euros of state's debt to private companies, a move intended to provide vital liquidity to cash-strapped firms.
European shares closed lower on Friday after U.S. jobs data came in well below expectations, raising concerns that the recovery in the world's largest economy is weakening.
Successive Slovenian governments have refused to privatize the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country center stage in the euro zone debt crisis.
Buoyed by new opinion polls showing a lead for his center-right coalition, Berlusconi said on Friday Italy must return to the polls quickly unless the center left agrees to govern with him.