SEOUL, Dec 1- South Korean exports fell for an 11th consecutive month in November although increased ship deliveries and resilient domestic demand kept the economy afloat. Export prospects remain bleak, the trade ministry said in a statement, as China and other emerging economies were still experiencing a slowdown and Europe as a whole was struggling to...» Read More
New research by Citigroup has shed a light on the growing gap between a weak economy and a bullish stock market in the U.K., but the bank says sterling's tumble could be a warning for overseas investors, particularly those from the U.S.
As central banks in Europe edge closer to deciding that their flagging economies need yet more monetary stimulus, they cast an envious eye towards China.
Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan.
"Germany did the minimum that was necessary to preserve the euro... And that is what maintained the crisis conditions," business magnate George Soros said.
Before the fall of communism, Vaclav Sloup trained the soldiers who caught thousands trying to flee across Czechoslovakia's fortified border to West Germany. Today, he helps power a Czech communist party that has surged to second place in polls, tapping anger over poverty and graft.
The risk that Britain is entering its third recession in four years grew with manufacturing shrank unexpectedly last month and mortgage approvals for home buyers dropped in January.
Italy's seasonally adjusted unemployment rate jumped to 11.7 percent in January from 11.3 percent the month before to hit its highest level for at least 21 years, data showed on Friday.
Spain's largest companies suffered the worst drop in quarterly earnings as new data showed the Spanish economy was shrinking at a faster rate than expected. The FT reports.
The ongoing euro zone crisis has meant exporters in Turkey have continued to seek new markets away from the continent and Turkey's Central Bank Governor Erdem Basci told CNBC that Iraq is likely to replace Germany as its number one export market by the end of the year.
Ireland has gone from having "no credibility or integrity internationally" and unsustainable debt to a recovery based on tough cost savings, but the pain is not over yet, Irish Prime Minister Enda Kenny told CNBC.
The European Central Bank is not about to remove the crisis measures it deployed to help the ailing euro zone economy, the central bank's chief said on Wednesday.
Europe is embroiled in a Japan-style "lost decade" and must solve its political problems before the economic crisis can be resolved, according to Charles Beazley, CEO of Nikko Asset Management.
Economic and business confidence in the euro zone improved for the fourth straight month in February, the European Commission said on Wednesday, as factories saw their order books filling up.
They find the language difficult and the locals as chilly as the weather but for young Spaniards Berlin has become a popular spot to sit out the economic crisis at home.
The European parliament and EU states could agree on Wednesday to impose caps on bankers' bonuses, a measure that would channel public fury at financial sector greed, but which opponents say marks a reckless overreach by Brussels.
The U.K. has a plateful of economic problems to contend with right now. A 1-notch downgrade to its credit rating isn't one of them, writes Moorad Choudhry.
Spain said it was extremely worried about the impact of Italy's deadlocked election result, warning on Tuesday the deadlock could affect the entire euro zone.
Political deadlock in Italy could provoke upheaval in the euro zone economy, as well as in the currency and equity markets, analysts told CNBC.
Germany's central bank has called on France to stick to its EU-mandated budget deficit target, saying that any slippage by such a eurozone heavyweight would further undermine confidence in the bloc's fiscal discipline. The Financial Times reports.
European markets are braced for a sell off on Tuesday as Italy's election results could result in a political deadlock, causing economic chaos and further damage to the euro zone.