SHANGHAI, May 25- Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.» Read More
European shares were seen mixed on Thursday, as investors take a breather after a brisk two-day rally, bracing for further debt auctions in the euro zone as well as interest rate decisions.
I would lend my 401K to a Bowery wino—especially at 7 percent interest—if someone with deep enough pockets promised to take me out at par.
The early morning hoopla Tuesday was that Japan had pledged to support the Eurozone in its continuing fight against the ill winds of threatened illiquidity by buying bonds. Probably bonds issued by the Financial Stability thing that has been set up by the European central bank.
European shares were set to open flat to lower on Wednesday as caution over the euro zone debt crisis prevailed ahead of a closely-watched Portuguese bond auction.
Despite denials by the Portuguese Prime Minister Jose Socrates that the country will not be seeking financial aid from the IMF or the European Union, technical discussions are being held ‘quietly’ among European leaders about a possible bailout plan, the Portuguese newspaper Publico reported on its Web site.
Greek Finance Minister George Papanconstantinou sought to reassure investors over the country’s debt burden on Tuesday, saying spreads between Greek and German bonds were high because of broader market turbulence rather than real threat of default.
Banking regulators have quietly taken a major step toward harmonized global regulation by agreeing to raise worldwide capital requirements whenever an individual country declares a credit bubble.
European shares were set to rise on Tuesday, after Wall Street finished off lows, and Alcoa kicked off earnings season by beating forecasts.
European sovereign debt is the US stock market's bad penny—it keeps turning up where it's not wanted and at the most inopportune times.
Investors have very short memories and the major economies of the world are not as strong as the markets would have us believe, Pedro Noronha, fund manager at Noster Capital, said Monday.
Greek bond yields hit another record high Monday amid a broader flare-up in Europe's debt crisis and despite better than expected deficit reduction figures.
Will this be the week that Portugal becomes the latest euro zone country to call in the European Union and the International Monetary Fund to bail it out? The answer to that question will become clear on Wednesday when Lisbon taps the bond market for the first time in 2011.
European stocks were seen mostly unchanged on Monday, following last week's strong gains, as investors brace for this week's flurry of debt auctions in the euro zone.
From Portugal and Spain to the state of housing in the US, here are some notable themes to watch for in 2011.
European shares were set to pause after a brisk rally this week, with investors reluctant to take large positions ahead of a U.S. job report that will shed more light on the recovery.
In his new book, "HOW TO RUN THE WORLD Charting a Course to the Next Renaissance," Khanna takes a look at the current global chaos and offers up a road-map out of the "Dark Ages."
European shares were set to edge higher on Thursday, after Wall Street reversed early losses following upbeat U.S. data on jobs creation and services sector growth.
European stocks were seen retreating on Wednesday, losing ground for the first time this year, as heavyweight resource-related shares feel the pinch of a sell-off in commodity prices.
The Fast Money traders weigh in on whether today's commodity sell-off is a sign of a deflating bubble or a temporary correction.
The past is not always a prologue to the future. But looking at some of the big winners and losers of 2010 does provide some strong hints of a positive 2011.