CNBC's Simon Hobbs reports on all the market moving events in Europe today, including» Read More
How quickly could situation in Europe escalate? This market 'tell' may help you gauge if or when they near their tipping point.
As shoppers hit the stores this Thanksgiving weekend, investors are likely to keep bidding up retail stocks even as some of those stocks hit multi-year or even all-time highs.
Things are getting better in the long term when it comes to the banks and Europe, H. Rodgin Cohen, senior chairman at the law firm Sullivan & Cromwell, told CNBC Wednesday.
Ireland faces an uphill struggle to survive the turmoil currently plaguing it, and the rest of Europe will need to stand by the country if it wants to avoid the debt crisis spreading further across the region, Mohamed El-Erian, CEO and co-CIO of Pimco wrote in a commentary piece for the Financial Times on Wednesday.
Financial bookmakers expect to see Europe's top indexes rising on Wednesday, with resource-related shares finding support in rising metal and commodity prices.
Japan will be forced to take austerity measures similar to those embarked upon in many European countries, but Prime Minister Naoto Kan’s five-month-old government has so far failed to take decisive action to get Japan’s economy back on track, Tobias Harris, author of "Observing Japan" said.
The biggest bailout the European Union will have to do if it comes to it will be Spain and it is worrying that there is not a set mechanism on how to go about it, Cornelia Meyer, CEO & Chairman, MRL Corporation, told CNBC Monday.
When European Union (EU) leaders provided a bailout for Greece last May, they no doubt “did the right thing.” But in the process, they not only broke the spirit of the EU Treaty, but also set themselves up for the future challenge of reining in moral hazard.
European shares are indicated to open flat Friday, ahead of a conference at the European Central Bank in Frankfurt where Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet will both speak.
Clearing house LCH Clearnet doubled its margin requirement for Irish government bonds Wednesday, reacting to fears over uncertainty regarding the country's debt issues, which pushed yields on Irish debt higher.
Google says its mapping service erred by attributing a disputed islet off North Africa first to Morocco, then Spain, when it currently belongs to neither.
The United States should tax purchases of yen, yuan and euro used to import goods from those three economies. Set it at about 40 percent until the Gang of Three agrees to acceptable exchange rate reforms.
The European Central Bank should worry less about the “phantom risk” of inflation and instead focus on the rising threat of deflation which could result from a currency war, economist Nouriel Roubini said in an article for Roubini Global Economics clients.
Despite the euro zone's recovery still looking very fragile, the central bank's key playmakers seem determined to talk about pushing policy back onto a more "normal" footing.
A combination of better data than expected, China’s pledge to buy the country’s bonds and hopes that international bail-out loans will be extended have boosted investor sentiment. The Financial Times reports.
This year’s rescue plans for Greece and the euro zone were driven partly by rising US anxiety about the risks to global financial stability stemming from Europe’s slowness to take action. The FT reports.
Investors in euro zone bond markets stand accused of letting “animal spirits” affect their judgment on the risk of a European debt default. The FT reports.
Stocks declined after a volatile session, but ended the month with the best September results in 71 years. American Express and Caterpillar fell.
Stocks declined as the session end neared as quarter-end rebalancing, and profit-taking, caused the markets to waver despite positive economic news. American Express and Caterpillar fell.
That's the allegation in a widely circulated paper by an anonymous writer. The paper claims that Spain overstated its GDP from 2007-2009, understated the country’s decline in growth by as much as 14.2 per cent.