TOKYO, Oct 29- Asian shares climbed to one-month highs on Wednesday, steered by a robust Wall Street on optimism over corporate earnings and prospects the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 1.1 percent, led by a 1.8 percent rise in South Korean shares. European shares are expected to follow suit, with spreadbetters looking to...» Read More
Egypt’s stock market is braced for a possible sell-off of shares when trading resumes on Tuesday after being closed for more than a month because of the country's political crisis.
Ireland goes to the polls on Friday in a general election expected to sweep the ruling coalition from power – the first defeat for a eurozone government since the onset of the debt crisis.
The collective bargaining process with public sector unions needs to be restructured to keep labor unions from “bankrupting states,” Sen. Ron Johnson, (R-Wisc.), told CNBC Wednesday.
An unfortunate turn in Swiss-Libyan diplomatic relations in 2008 may now have a silver lining for the Alpine economy.
The second leg of the US housing downturn will continue throughout the year and could be nasty if a vicious circle of falling prices and rising foreclosures continues, according to Capital Economics.
Following in the footsteps of Greece and Ireland, the Portuguese market looks set for a speculative attack, Silvio Peruzzo, European economist at RBS in London, told CNBC.
If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
The uprisings in the Middle East have been in part blamed on soaring food prices but one market watcher told CNBC those states with huge oil wealth should be better able to keep their people appeased by subsidizing food prices and other incentives.
The risk-on trade that has driven equities and commodity prices since the Federal Reserve started talking about the second round of quantitative easing last year is under threat from inflation, one analyst warned Monday.
In the five-star Westin Hotel in Paris Friday, the world's top central bankers met to discuss the risks facing the global economy in 2011.
The stocks and sectors that perform best when inflation hits anywhere in the world, with Thomas Lee, JPMorgan chief U.S. equity strategist.
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
Investors facing a global economy that is moving back and forth between "risk on" and "risk off" should look to emerging markets and commodities, Nouriel Roubini, chairman of Roubini Global Economics, told CNBC Thursday.
More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC.
Global inflation is far higher than official statistics reveal, Marc Faber, editor and publisher of the “Gloom, Boom and Doom” report told CNBC on Wednesday, with increases in the cost of living amounting to between five and eight percent in the United States and just below that in Europe.
Did the financial crisis change very much? That was the FT's Martin Wolf's question as he went to the annual meeting of the World Economic Forum in Davos last week. The answer is: yes. Above all, it has accelerated the arrival of our future.
The Spanish government is ready to implement further austerity measures to defend this year's budget deficit target and is confident that demand for Spanish bonds will stay strong, Jose Manuel Campa, Secretary of State for the Economy, told CNBC.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
Irish Finance Minister Brian Lenihan will press ahead with a plan to impose a 90 percent charge on bankers' bonuses when the budget bill is published on Friday, newspaper the Irish Independent reported.
World Bank President Robert Zoellick said Monday he hopes the global economy will have a sustainable recovery in 2011, but added he sees a number of dangers that could see his hopes dashed.