Roger Myerson, professor of economics at teh University of Chicago and 2007 Nobel Prize Laureate, says Europe needs to "fundamentally" rethink its banking regulatory environment.» Read More
The CBOE Market Volatility Index (VIX) edged upward Monday. With a new year, rising tensions on the Korean peninsula and global debt fears, should you shift your portfolio allocations? Julian Pendock, partner at Senhouse Capital, offered CNBC his insights.
The decision by the European Union last week to create a permanent bailout fund may not end the sovereign-debt crisis but it will—eventually—end the European Union as we know it.
More than one in ten bankers and traders in the UK and Europe could receive no bonus this year, as banks slash their year-end pay-outs following weaker revenues. The FT reports.
European shares were set to dip on Monday, with investors' nerves rattled by possible escalating tensions in North Korea.
Yesterday, I wrote about U.S. exposure —or the broad lack of U.S. exposure—to Spanish sovereign debt.
As pressures mount in the euro zone, rating agencies are in an impossible bind, the FT reports. This year many investors have complained that the agencies have been slow to recognize the scale of problems, downgrading periphery debt too late – but when the agencies have actually acted – most notably with Spain this week – they have been accused by politicians of fermenting a new market crisis.
European shares are expected to open flat Friday, though concerns about the euro zone debt crisis linger and could weigh on markets.
Stocks should take Friday's futures and options expiration in stride, as traders set up for the final two weeks of the year and the chance that Santa's rally is yet to come.
Why is it that we don't see more media coverage in the U.S. about the debt crisis in the Eurozone?
European shares were set to open flat to slightly lower Thursday, continuing to pause from strong gains earlier in the week.
Asia’s clean bill of health presents two major opportunities. The first is to re-ignite the drive towards closer economic cooperation that has been stalled since the late 1990s Asian Financial Crisis.
Bond vigilantes will target Portugal and force the country to seek a bailout within a month, but Spain will not need to turn to its European peers for help, Piers Curran, head of trading at Amplify trading told CNBC on Wednesday.
European stocks were indicated to open lower after Moody's put Spain's credit rating on review for a possible downgrade, on worries over the country's debt and funding needs for next year.
The risks of debt deflation and disorderly sovereign and private-sector defaults are rising because policymakers are pressing ahead with spending cuts and raising taxes before seeing strong signs of an economic recovery, economist Nouriel Roubini wrote in a commentary piece for Project Syndicate.
European investors were set to take a wait-and-see approach to start Tuesday, with indications of little change to major markets at the opening bell.
China’s inflation is soaring, Democrats in Congress are likely to pass the tax cut extension and spending bill, the FOMC meets this week, European Union leaders will also meet this week and what has everyone so bullish? Here's what you need to know for this week.
Europe was nowhere near ready for the euro when it was introduced in 1999 and the sovereign debt crisis has proven critics of a one-size-fits-all monetary policy right, London mayor Boris Johson wrote in an opinion piece for UK newspaper The Daily Telegraph on Monday.
Perhaps there’s a lesson to be learned from the Germans whose economy has bounced back from the recession quicker that the US’s and who have a workforce that is, largely, working.
As German Chancellor Angela Merkel and French President Nicolas Sarkozy meet in the small German town of Freiburg to discuss their next move in the euro-zone debt crisis, the market is still questioning what International Monetary Fund boss Dominique Strauss-Khan calls the EU’s "piecemeal" response.
European shares looked set to extend their winning streak to a fifth session Friday as investor sentiment got a boost from positive economic data from the U.S.