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Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
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LONDON, April 5- The investment herd is scattering again in a sign of less stressful times, encouraged by resolute central bank protection even if scarce growth and jobs may deter funds from straying too far.
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PARIS, April 5- Chancellor Angela Merkel's Social Democrat rival in this year's election accused the German leader during a visit to France on Friday of dragging Europe's southern economies into a vicious circle of ruin by insisting on fiscal austerity.
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SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
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Buoyed by new opinion polls showing a lead for his center-right coalition, Berlusconi said on Friday Italy must return to the polls quickly unless the center left agrees to govern with him.
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Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
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MILAN, April 4- A number of oil companies operating in Italy artificially boosted the price of gasoline at the pump through intra-company deals, Italian tax police said on Thursday.
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MADRID, April 4- When a corruption scandal hit Spain's ruling party earlier this year, attention turned to the Accounts Tribunal, an obscure body that audits public spending.
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SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.
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*ECB keeps interest rates at 0.75 pct. FRANKFURT, April 4- European Central Bank President Mario Draghi opened the door on Thursday to an interest rate cut as soon as next month, saying his bank stands "ready to act" to boost the recession-hit euro zone economy.
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SAO PAULO, April 4- Automobile production in Brazil rose slightly in March but sales continued to lag compared with a year earlier, underscoring a fragile market that prompted the government to extend tax breaks on car and truck sales through the end of the year.
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SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.
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SAO PAULO, April 4- Automobile production in Brazil rose 39.2 percent and sales climbed 20.8 percent in March from February, the national automakers' association said on Thursday. Production in the month rose 3.4 percent from March 2012, according to data released by industry group Anfavea.
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FRANKFURT, April 4- The European Central Bank expects a gradual economic recovery later this year but will monitor incoming data very closely and is ready to cut interest rates if necessary, its president said on Thursday.
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FRANKFURT, April 4- European Central Bank President Mario Draghi said on Thursday that the bank would keep a close eye on economic data over the coming weeks to judge what impact it would have on inflation.
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*Gold hits 10- month low as dollar strengthens. LONDON, April 4- The yen sank on Thursday after the Bank of Japan unveiled a bold plan to pump money into the economy, while Europe's main share indexes and the euro held steady after the European Central Bank left policy unchanged.
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FRANKFURT, April 4- The European Central Bank kept interest rates on hold on Thursday, waiting to see if a recession-hit economy perks up and whether an aggressive policy move by the Bank of Japan helps the euro zone.
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LONDON, April 4- A huge drop in French business activity meant the euro zone's recession dragged on in March but British services firms provided a rare glimpse of economic sunshine, posting their best month since August.
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LONDON, April 4- European shares were flat on Thursday, held back from a more bearish reaction to weak economic data by hopes of some reassurance from the European Central Bank later in the session.
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Nicholas Spiro, managing director at Spiro Sovereign Strategy, tells CNBC that markets are much more ambivalent to political machinations than two years ago.