*Hopes for U.S. economic recovery, softer yen seen lifting index. *Market expects rising corporate profits. TOKYO, Dec 12- A weaker yen is forecast to help boost corporate earnings and drive Japan's Nikkei to double-digit gains next year, a Reuters poll found on Thursday.» Read More
As young people who've suffered directly from long-term unemployment, we're sure of one thing: youth joblessness is a massive challenge—but one that can be overcome through innovation.
Sunspots are moving in direct correlation with activity in the markets and they are predicting a crisis in about three years, technical analyst Charles Nenner told CNBC Monday.
Fortunately, the important news from Spain is good and the recent market punishment, which has seen sovereign spreads to Germany rise substantially, is unwarranted.
Nissan is planning to shift the balance of its production and support functions towards dollar-linked economies, including the U.S. and China, to protect itself against currency volatility, the Japanese carmaker’s chief executive has said. The FT reports.
Chinese policy makers are striving to curb inflation, but their approach carries risks. For one thing, their plan flies in the face of steps the U.S. has been urging. The NYT reports.
American businesses that import Chinese goods face higher prices, but exporters are predicting sales growth. The NYT reports.
The US Congress should focus on a medium-term plan to cut government debt to dispel fears about the world's biggest economy, Olivier Blanchard, IMF chief economist, told CNBC Thursday.
China’s commodities exchanges do not yet play a global role and they are limited by laws banning foreign participation as well as China’s renminbi capital controls. The FT reports.
Hundreds of South Korea’s small and midsized exporters have threatened to boycott a number of significant foreign-owned banks after they suffered heavy losses from currency derivative investments. The FT reports.
A decaf latte with skim milk and artificial sweetener is called, in some places, a why bother. No caffeine, no fat, no sugar—why bother? It would be too much to say the meeting of the G20 finance ministers this past weekend was a complete why bother, but, in my eyes, close to it.
The currency wars that are dominating the attention of the world’s central bankers are also playing out in the niche world of luxury goods.
The dollar may be set to rise as currency wars bring more controls on flows of capital and a rise in protectionism, David Bloom, currency strategist at HSBC, told CNBC.
The scale of the swings in the currency markets is "unprecedented," looking at how quickly the dollar has declined in the last month, Derek Halpenny, European Head of Global Currency Research Bank of Tokyo-Mitsubishi UFJ, told CNBC Thursday.
China is to blame for the currency tensions as the cheap yuan is contributing to global trade imbalances, says Nobel prize-winning economist Paul Krugman.
The financial crisis has left behind a "slow disease" that is eating into financial markets, and this is obvious in stock prices and currencies, but less so in bonds for the moment, Mohamed El-Erian, CEO and co-chief investment officer of Pimco, told CNBC Tuesday.
Economic growth in Georgia is on track to reach 4.5 percent next year and could double by 2012-2013 as tourism, the banking sector and exports advance and foreign direct investment grows, the country’s Prime Minister told CNBC in an exclusive interview on Thursday.
The euro will keep rising and will likely end the year at up to $1.50, as the European Central Bank pursues a highly deflationary policy, despite buying euro-denominated bonds, economist Warren Mosler, founder and principal of broker/dealer AVM, told CNBC.com.
Japanese authorities were silent after a sudden jump in the dollar against the yen that traders said was due to the Bank of Japan intervening in the currency market Friday to weaken the Japanese currency.
China's yuan may actually depreciate instead of strengthen as a speculative bubble in Chinese real estate bursts, according to Jim Chanos, a noted China bear and founder of the hedge fund Kynikos Associates.
The Swiss franc's safe-haven reputation helped it hit a new high against the euro, but the currency's strength risks hurting those who have relied on its vigor.