ATHENS, Greece— Greece's new government disagrees with sanctions against Russia, and wants to boost trade ties with the country, Prime Minister Alexis Tsipras said before a visit to Moscow next week. The U.S. and the EU imposed crippling economic sanctions against Russia over its annexation of Ukraine's Crimean Peninsula and support for an insurgency in...» Read More
India has diversified its exports to make up for the fall in demand from the developed world since the global financial crisis hit, and the nation remains an attractive destination for foreign investors despite controversy surrounding its recent tax legislation, India’s Minister of Commerce and Industry, Anand Sharma told CNBC on Tuesday.
The short respite brought to euro zone bond markets by the ECB's liquidity-boosting measures has ended, and the central bank will need to resort to more tricks in order to prevent yields from rising to unsustainable levels again, according to analysts.
European shares are seen opening mixed Tuesday as lingering fears of the euro zone’s debt crisis continues to cap investor confidence.
A new survey released by credit scoring company FICO shows that almost eight out of 10 European-based managers believe Europe will plunge back into recession.
European equity markets are expected to open lower Monday as renewed concerns over the euro zone debt crisis take hold.
The European Central Bank’s twin 3-year refinancing operations, known as Long-Term Refinancing Operations (LTROs), have not solved Europe’s problems, but have distorted markets which are now reacting excessively to marginal pieces of news, Saxobank’s chief economist Steen Jakobsen said on Friday.
Fifty five years after the signing of the Treaty of Rome which founded what is now the European Union, the EU finds itself at odds with the very countries that make it up.
European stocks are seen opening lower Friday as weaker than expected China economic data hit investor confidence.
Levels of government debt have soared in most countries since 2008 as a result of the financial crisis and will need to be brought down to “prudent” levels of around 50 percent of gross domestic product to cope with future challenges including health and long-term care and pensions, the OECD said in a report published on Thursday.
The problems of the euro zone are back under the magnifying glass this week – but investors need to be careful to distinguish between the less and more successful countries.
The tale of ever-tightening oil inventories and reduced supply appears to be coming to an end, the International Energy Agency said on Thursday.
European shares are called to open flat Thursday after shares saw no more than small gains overnight in Asia, reflecting concerns about sovereign debt in Europe.
The price of gold has fallen, with the CBOE gold index hitting a new 52-week low recently, and Stuart Oakley, head of emerging markets FX Trading at RBS, told CNBC that the gold trade is over for now.
The international spotlight will be trained on Greek politics in May, as a Greek population straining at the reins of austerity takes to the ballot box.
Stock markets are likely to see a selloff of around 10 percent in the second quarter but over the longer term share prices may go even lower, according to Bob Janjuah, co-head of global macro research and head of tactical asset allocation at Nomura Securities.
With a bearish outlook on the Chinese economy, this analyst says his strategy is to stay short of the Aussie dollar.
European shares are seen retreating Wednesday following sharp falls in global equity markets overnight as euro zone debt fears rear their head once again despite a surprise first quarter profit from Aluminium producer Alcoa in the U.S.
Commodity exporting nations should prepare for a future in which commodity prices are far less likely to increase at the pace of the last decade and could in fact decrease, an International Monetary Fund (IMF) report warned on Tuesday, in an update to its World Economic Outlook.
Investors should make the most of recent falls in the price of gold and buy the precious metal by the summer to benefit from another record high by the end of the year, analysts said on Tuesday.
European traders logging on Tuesday morning for the first time since Thursday found a shakier marketplace than they left.