As talks surrounding the Malaysia jet lawsuit continue, some argue the case won't have a strong chance in the U.S.» Read More
*Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European shares fell and U.S. futures pointed to a weaker open on Wall Street on Thursday after disappointing results from tech heavyweights Google and IBM, while the dollar fell on dovish U.S.
*Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European stocks dipped on Thursday as disappointing earnings from U.S. tech heavyweights Google and IBM dampened the previous session's upbeat tone on Wall Street, and the dollar weakened on dovish remarks from the Federal Reserve.
LONDON, April 16- Last Thursday morning investors queued around the block to buy the bonds of recent defaulter Greece, and by the end of the day were selling U.S. tech stocks furiously.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
ATHENS, Greece— Greece's borrowing costs in a short-term debt sale have tumbled, days after the country returned to the international bond markets. Greece raised 1.625 billion euros in Tuesday's sale, which was 2.73 times oversubscribed.
Greece made a successful, if artificially engineered, return to the long-term capital markets last week for the first time since its international bailout in 2010, and just two years after imposing heavy losses on its private creditors.
ATHENS, Greece— Hundreds of protesters battled with riot police in one of the Greek capital's main shopping districts. No injuries or damage have been reported. Left-wing activists and the Greek Orthodox Church oppose the extension of Sunday shopping for different reasons.
ATHENS, April 11- German Chancellor Angela Merkel pledged on Friday to continue backing Greece, one day after the debt-laden country tapped bond markets for the first time since its international bailout began four years ago.
The IMF's director for Europe refused to rule out Greece needing a further bailout, despite the success of its bond issue earlier during the week.
Moritz Kraemer, chief sovereign rating officer at S&P, highlights that while Greece has achieved a lot, its economy below pre-crisis levels.
The perception of Greece in the financial market has changed, says Reza Moghadam, director of the IMF's European department, adding however that the country still has large financial needs.
LONDON, April 11- Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, with even its sought-after new five-year bond succumbing to selling pressure. "The euphoria is fading after yesterday's deal," said Owen Callan, a senior analyst at Danske Bank.
ATHENS, April 11- German Chancellor Angela Merkel arrived in Athens on Friday, a symbolic visit to mark the economic rehabilitation of a nation that over the past four years has threatened the stability of Europe and its single currency. Merkel's visit, which comes the day after Greece returned to international bond markets, will be brief.
LONDON, April 11- Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, although its new five-year bond held up relatively well in early trading.
LONDON, April 11- Yields on Greece's new five-year bonds, sold in the bailed-out country's return to markets after a four-year absence, were expected to fall below the sale price when they began trading on Friday.
Marius Daheim, senior government bond analyst at Bayerische Landesbank, discusses the successful Greek bond sale and why investors are so quick to buy European peripheral debt.
Elena Panaritis, economist and founder at Thought 4 Action, says that while the Greek bond auction signals the country is doing better, the country needs to continue with its structural reform programs.
ATHENS, Greece— Greece won praise Friday from German Chancellor Angela Merkel— the lead advocate of eurozone austerity— for its painful economic turnaround and successful return to markets. "Greece has honored its pledges," Merkel said at a news conference with Greek Prime Minister Antonis Samaras in Athens.
Yianos Kontopoulos, group CIO of Eurobank Ergasias, says the Greek economy is improving after the country made a strong return to the bond market.
*Nikkei sinks through major chart support, much of Asia in the red. SYDNEY, April 11- Japanese shares sank to six-month lows on Friday as an escalating selloff on Wall Street spread to Asia and slugged markets that had been fairly resilient up to now.