BEIJING— China's Ministry of Commerce says it has imposed anti-dumping duties on steel imports from Japan, South Korea and the European Union. The ministry said China started levying the duties on Saturday and would continue to do so for five years. For its part, Beijing faces mounting criticism from the United States and Europe that it is exporting steel at... » Read More
Italy's bond sale disappoints and the Swiss franc is rich - it's time for your FX Fix.
Top policymakers did not seriously consider the idea that problems in the housing market would bring a recession, newly released transcripts show. The New York Times reports.
Aadil Ebrahim, Managing Director, Bowen Asia says that the first half of the year is looking "pretty average" in terms of European government bonds. He also talks about what's in store for equity markets this year.
Respectable bond sales and disappointing U.S. data are pushing the euro higher, and this strategist sees a trading opportunity.
The Greek government held crucial talks with representatives of private bondholders on Thursday to hammer out a deal on a bond swap that would reduce the country's debt load and secure an integral part of its second bailout package.
The European Central Bank left interest rates on hold on Thursday, as its President Mario Draghi defended its use of ultra-long loans and said they had helped avert another credit crunch.
A Spanish bond sale lifts the euro, but the European Central Bank meeting is the real headliner - time for your FX Fix.
Successful Spanish and Italian auctions of shorter-term debt offered a welcome breather for crisis-weary European bond markets on Thursday, but analysts warned that the sale of 10-year bonds will provide a more accurate indication of market sentiment.
Thursday’s meeting of the governing body of the European Central Bank (ECB) will happen as calls for the central bank to take further action to solve the euro zone debt crisis by acting as lender of last resort for troubled countries increase.
European refiners have started to sever links with Iran, stopping spot purchases of crude ahead of a European Union meeting later this month that could impose a full oil embargo on Tehran, the FT reports.
Don't look now, but the Canadian dollar could soon have its wings clipped.
Patrick Doyle, Domino's president & CEO, discusses the company's international growth plans despite continued concern coming out of Europe.
The European Central Bank has its monthly meeting and news conference on Thursday. Here's how to get ready.
As talks between Hungary and its international creditors heat up, sharp European Union criticism of the country's lack of progress in tackling its high budget deficit added to pressure on Hungarian negotiators, who already seemed to be softening their tough stance.
British trade data disappoints and Fitch offers tough love for the euro - it's time for your FX Fix.
Robin Bew, Chief Economist, The Economist Intelligence Unit says that he is still worried about the periphery of Europe, and believes France is at risk of a credit rating downgrade in the coming months.
The Swiss franc rose on the resignation of the Swiss National Bank's chairman, and this strategist sees a trade.
European shares close solidly higher as Wall Street rallies. European commodity stocks are boosted by Alcoa's outlook. The ECB meets Thursday: the Euro zone enters recessionary territory. Fitch says it doesn't foresee cutting France's AAA rating this year. Fitch also says countries under review, like Italy and Spain, could be cut one or two notches. Germany's Merkel and the IMF's LaGarde are slated to meet today in Berlin. Philips says European weakness will hurt its Q4 profits. The Bank of France says the
As negotiators arrive back in Athens today, Greece enters a pivotal time period in which it must finish a crucial renegotiation of its more than $200 billion of debt.
CNBC's Michelle Caruso-Cabrera has the details on the guidelines for a Greek debt deal.