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
Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.
Protests, a mutiny among politicians calling for the prime minister's resignation, billions in bad debt, and an economic recovery on hold — just a few of the challenges facing Slovenia.
There will be no chance of a financial transactions tax, a short-selling ban, or any other business-unfriendly measure being implemented here if the U.K. is not in the EU. That is a strong reason to suspect that the City would thrive outside of the EU, Professor Moorad Choudhry writes.
Barclays and Deutsche Bank will take a knife to bonuses for investment bankers as they seek to tackle high costs, people familiar with the matter said.
Output at euro zone factories fell for the third straight month in November and against expectations of a rise.
Europe's peripheral economies face a re-run of the U.K.'s "winter of discontent", with high unemployment and stagnant growth, according to a report by Goldman Sachs.
Germany's economic performance declined in the fourth quarter of the year as industry reduced its production in line with weak European demand, the country's Economy Ministry said on Friday.
Ireland has returned to the debt markets, peripheral bond yields have fallen and equities have rallied to 22-month highs. What can possibly go wrong?
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target.
The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.
Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.
A growing number of economists predict the European Central Bank’s rate-setting committee will vote to cut interest rates again at Thursday’s meeting.
Investors had one eye on the start of the earnings season in the U.S., but strategists said Europe's own earnings season could throw up a few surprises.
With scant prospect of a swift return to growth in the Euro zone, the risk in 2013 is less outright conflagration in the single-currency area than a fraying of social and political ties and an insidious erosion of hope.
The economies of the United States, China and much of the developing world have decoupled from Europe, leaving it to wallow in various stages of recession and fiscal disarray.
Europe's largest financial institutions, which have been readjusting since the onset of the 2008 financial crash and the sovereign debt crisis that followed, are causing pain all over the globe that will have long term implications, according to analysts. They argue that the situation will only worsen without the proposed European banking union.
After a heavy bout of stock market pessimism and a long term rally in the bond markets, analysts say that the new year could spell danger for sovereign bonds in Europe's core and a shift back to equities could be on the cards.
The much-maligned peripheral economies of the euro zone are showing some encouraging signs, leading to talk of a revaluation which would have seemed optimistic for most of last year.