BRUSSELS, July 24- European Union countries are considering tougher sanctions against Russia over its role in the conflict in eastern Ukraine and the downing of the Malaysian airliner that killed 298 people last week.» Read More
The closely watched Ernst & Young ITEM club has warned the Bank of England not to raise interest rates despite soaring inflation.
Overheating emerging markets, in China in particular, pose the biggest threat to the market and political situation in 2011 according to Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets.
Jean-Claude Trichet’s hawkish comments on inflationary pressures and the resultant jump in the euro following Thursday’s European Central Bank's press conference talk has turned attention back to central bank exit strategies, an economist said Friday.
European stocks were set to dip Friday, tracking losses on Wall Street and in Tokyo, with heavyweight resource-related shares feeling the pinch of lower commodity prices.
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."