*Ukraine tensions increase; China data adds to more worries about slowdown. NEW YORK, March 13- World stock indexes dropped and the yen climbed against the dollar and euro on Thursday as concerns increased over the trajectory of the crisis in Ukraine.» Read More
Markets in Europe are mostly higher as Greek political leaders meet in Athens. ECB policymakers are divided on countries' contribution to Greek debt restructuring. RBS shakeup has cost $60.5 billion so far. The Bank of France says country's economy will post zero growth in the first quarter. Investors watch tomorrow's ECB meeting to see if Draghi will tip his hand on Greece? With David Kelly, JPMorgan Funds chief market strategist.
Disney beats Street estimates, saying media networks and theme parks held up in a shaky economy; three directors on Yahoo will not stay for re-election; Rick Santorum wins the Minnesota caucus, Missouri primary and sweeps Colorado, and traders will still focus on Europe as the progress of the Greek debt deal continues to hang over the markets, reports CNBC's Jackie DeAngelis.
Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.
Markets in Europe mixed as investors continue to watch Greece, which is said to be finalizing a bailout agreement. UBS shares edge lower as results miss forecasts. Glencore agrees to buy remainder of Xstrata for $41 billion. BP raises dividend after strong 4th quarter. With Russ Koesterich, BlackRock Glbal chief investment strategist.
The parts of the emerging markets that will continue to outperform, with Tim Seymour, Seygem Asset Management.
BP beats the Street and raises its dividend for the first time since the oil spill in the Gulf; Federal Reserve chairman Ben Bernanke heads back to Capitol Hill today to discuss the Fed's economic outlook and Federal budget situation before Congress and may discuss the better than expected jobs report, and the NY Giants parade will commence in lower Manhattan this morning to celebrate their Super Bowl victory, reports CNBC's Jackie DeAngelis.
Investors were on edge Tuesday as Greece missed another deadline to respond to terms for a new E.U.-IMF bailout that would grant it $170 billion. But, Robert Horrocks, Chief Investment Officer, Matthews Asia, says investors should treat Greece as a “sideshow”, as a default would not have a large material impact on the global economy.
KFC parent Yum Brands reported fourth-quarter earnings that topped Wall Street's view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top market was slowing.
Back from an investment-finding trip to Russia, trader Tim Seymour shared a few major themes he found.
What’s the best geographic location for your money? The “Fast Money” pros were split.
The Fast Money traders scan the global to find the best investment opportunities for investors, and weigh in on which regional stock market offers the best valuation.
A new Morgan Stanley report concludes that emerging market stocks look much more attractive than equities in the United States, Europe and Japan.
European shares fall over ongoing concerns about Greek debt talks. Banking stocks hit on the day. Fiat shares fall as S&P warns of possible credit downgrade. Glencore set to offer bigger-than-expected premium to buy Xstrata, according to Financial Times. Some 53 percent of Germans want Greece out of euro zone.
Emerging markets are well placed to weather the storm of the sovereign debt crisis currently engulfing the euro zone, and emerging economies are expected to grow by 5.3 percent this year and 6.1 percent in 2013, Pablo Goldberg, global head of Emerging Markets Research at HSBC, wrote in a report.
Investors continue to wait for a solution to restructure Greece's debt; Micron Technology appoints a successor for CEO Steve Appleton, who died in a small plane crash, and Wall Street is cheering the Giants' victory because the Super Bowl predictor shows when a National team wins, stocks go up that year, reports CNBC's Courtney Reagan.
European shares jump after upbeat U.S. employment data. Banks are among the top gainers. January Euro zone Purchasing Managers Index 50.4 vs. 48.3 in December. Greek bailout may have to be $19.7 billion higher. Switzerland probes 12 U.S., European and Japanese banks over lending rates. Greece's 2011 budget deficit will come in smaller than expected. With Yra Harris, Praxis Trading, and Kevin Ferry, Cronus Futures Management.
After a choppy, uneventful trading session yesterday the markets will focus on today's jobs number and Treasury Secretary Timothy Geithner says key parts of financial reforms will be coming this year including detailed plans on overhauling the housing finance market as well as Freddie Mac and Fannie Mae, reports CNBC's Jackie DeAngelis.
Investors are waking up to the reality that the European Union and the euro will survive, Mark Mobius told CNBC, and added that he's looking to invest in the region, particularly in Eastern Europe.
Mark Mobius, Executive Chairman, Templeton Emerging Markets Group says Europe will resolve its debt crisis and he's looking to invest in Eastern European countries through banks in Austria.
Markets in Europe rally near the U.S. open, mostly on comments from the German finance minister. He also says there will be no more public aid for Greece. Bernanke testifies in front of the House Budget Committee, says inflation is expected to remain below the 2 percent target for the next few years. Europe has monetary union and fiscal disunion, he adds. The U.S. needs to manage fiscal issues, says Bernanke, to keep investor confidence. And it must address health care costs if it's going to develop a long-term debt solution.