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The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
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Russian Prime Minister Vladimir Putin accused the political opposition on Tuesday of lacking goals and leaders, in his first comments since tens of thousands gathered at the weekend to protest against disputed parliamentary vote results.
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Stung by souring loans and troubled government bond portfolios, many European banks are being forced by regulators to raise money to build up their cash cushions against future losses.
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Investors can blame Europe for choking off stock market gains in 2011. But there’s a growing list of geopolitical flashpoints lurking in 2012—and any one of them could pose a risk to stocks.
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China manufacturing data, export activity point to a slowdown in China. Should investors be concerned? David Riedel, Riedel Research Group, Tim Seymour, Emergingmoney.com, discuss.
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The economic crisis threatens to increase protectionism as governments think more on a national than an international level, Pascal Lamy, Director General of the World Trade Organization (WTO) told CNBC Thursday.
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Hold the condolence cards, but the recession cost the rich. The share of income received by the top 1 percent — that potent symbol of inequality — dropped to 17 percent in 2009 from 23 percent in 2007, according to federal tax data. The New York Times reports.
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Russian stocks and the rouble held above their two-week lows, but analysts said that, at least until Dec. 24, investors would be better off staying away from Russia.
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Scott Budman, KNTV reports the Supreme Court will hear Arizona's controversial immigration case, with NBC's Pete Williams. Also, Canada is pulling out of the Kyoto Protocol; MF Global's former CEO, Jon Corzine, will testify at a Senate subcommittee on Tuesday; and New Jersey Nets owner and Russian billionaire, Mikhail Prokhorov intends to run against Vladmir Putin for president of Russia.
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A look at how the slump in emerging market is causing a drop in commodities, and how to trade it, with the Fast Money traders.
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In the fiscal accord, the nations that use the euro essentially agreed to go back to Plan A — that is, the principles and rules with which they created their common currency two decades ago.
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Keith McCullough, CEO Hedgeye Risk Management, discusses what's happening in China and Russia, and says he's back to bullish on U.S. stocks in the intermediate term.
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Once the master of a booming euro zone universe spanning Greece, Italy and Germany, the European bond trader now presides over a shrunken, fear-struck market — and might well lose his job by the end of the year. The New York Times reports.
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Emerging markets have had a bad year, but market pros still see investing in countries in South America, Asia and elsewhere as reliable long-term plays.
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Russian stocks crater on anti-Putin protests, with Tim Seymour, Emergingmoney.com
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Russian voters streamed to the polls on Sunday in a parliamentary election that has shaped up as a referendum on the governing party and Prime Minister Vladimir V. Putin as he prepares to return to the presidency next year, reports the New York Times.
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Plamen Monovski, Chief Investment Officer at Renaissance Asset Managers says Russian stocks are either the world's best or worst performing and after doing poorly in 2011, he expects stocks to rise 50-80% in 2012.
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A move announced by central bankers on Wednesday to contain the European debt crisis resulted in euphoria in global stock markets, but it also prompted skeptics to wonder: will this time be different? The New York Times reports.
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The world's central bankers have shown they've learned a lot from the 2008 financial crisis by taking coordinated action Wednesday to ease strains on the financial system, Goldman Sachs Asset Management CEO Jim O'Neill told CNBC Wednesday.
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The Western world has run out of ideas and is "finished financially" while emerging economies across the world will continue to grow, David Murrin, CIO at Emergent Asset Management told CNBC on the tenth anniversary of coining of the so-called BRIC nations of Brazil, Russia, India and China, by Goldman Sachs' Jim O'Neill.
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Measures taken by the Indian government to open up the country to foreign investment could see it match Chinese growth rates, Goldman Sachs’ Chairman Jim O’Neill told CNBC Wednesday.