Go Symbol Lookup
Loading...

PIIGS

More

  • *Communique won't single out Japan on forex. MOSCOW, Feb 15- G20 officials will disregard key parts of a currency statement issued this week by the Group of Seven powers, according to a communique drafted for finance leaders meeting in Moscow, and will not single out Japan.

  • MOSCOW, Feb 15- A draft communique prepared for Group of 20 finance leaders omits part of this week's Group of Seven statement declaring fiscal and monetary policy may only be used for domestic economic aims, a G20 delegate said on Friday.

  • UPDATE 1-Portugal PM says could cut 2013 outlook Friday, 15 Feb 2013 | 6:55 AM ET

    LISBON, Feb 15- Portugal's prime minister opened the door to downgrading the government's 2013 economic forecast on Friday, a move that could undermine Lisbon's efforts to meet budget goals under its EU/IMF bailout.

  • TOKYO, Feb 15- U.S. crude futures were steady above $97 a barrel on Friday, holding a slight gain from the day before on encouraging U.S. jobless data and concerns over U.S. gasoline supply. *NYMEX crude for March delivery, which expires on Wednesday, was up 2 cents at $97.33 a barrel by 00017 GMT, after settling 30 cents higher at $97.31 on Thursday.

  • ANALYSIS-French reprieve on deficit may be short-lived Thursday, 14 Feb 2013 | 10:32 AM ET

    *France concedes will miss 2013 deficit target. PARIS, Feb 14- France's admission that it will miss its 2013 public deficit target looks to have escaped punishment for now, with bond markets still granting it cheap borrowing and the European Union's fiscal enforcers signaling leniency.

  • FOREX-Euro plummets as dour data raises ECB rate cut talk Thursday, 14 Feb 2013 | 10:01 AM ET

    NEW YORK, Feb 14- The euro tumbled to a three-week low against the dollar and plunged against the yen on Thursday after data painted a dismal picture of the euro zone's economy, raising the chances of European Central Bank monetary policy action.

  • LONDON, Feb 14- The euro fell to a three-week low against the dollar and dropped against the yen on Thursday after data painted a grim picture of the euro zone economy as it struggles with the debt crisis now in its fourth year.

  • *France also contracts, PM admits debt target may be missed. BRUSSELS/ BERLIN, Feb 14- The euro zone slipped deeper than expected into recession in the last three months of 2012 after its largest economies, Germany and France, shrank at the end of a wretched year for the region.

  • LONDON, Feb 14- The euro fell to a three-week low against the dollar on Thursday after data painted a grim picture of the euro zone economy as it struggles with the debt crisis now in its fourth year.

  • LONDON, Feb 14- The euro and shares fell on Thursday after data showed the euro zone's two biggest economies shrank even more than expected late last year, throwing a first quarter recovery into doubt.

  • LISBON, Feb 14- Portugal's economy contracted much more sharply than expected in the final quarter of last year, putting it on a weak footing as it headed into 2013, its third year of recession when huge tax hikes are expected to further sap domestic demand.

  • WRAPUP 3-Euro zone economy falls deeper into recession Thursday, 14 Feb 2013 | 5:26 AM ET

    *France also contracts, PM admits debt target may be missed. *Italy fares worse than forecast, 6th quarter of contraction. BERLIN/ PARIS Feb 14- The euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year.

  • *France also contracts, PM admits debt target may be missed. *Italy fares worse than forecast, 6th quarter of contraction. BERLIN/ PARIS Feb 14- Europe's two largest economies, Germany and France, both shrank markedly in the last three months of 2012, suggesting the euro zone has slipped deeper into recession.

  • FOREX-Euro hurt after data shows deeper recession Thursday, 14 Feb 2013 | 3:53 AM ET

    LONDON, Feb 14- The euro fell on Thursday after data painted a grim picture of the euro zone economy, serving as a reminder to investors that the region is still struggling with its debt crisis.

  • *German GDP worst since 2009, France also contracts. LONDON, Feb 14- The euro dropped and European shares fell on Thursday as growth data from the region's two largest economies came in weaker than forecast, throwing a first quarter recovery for the bloc into doubt.

  • *France also contracts, PM admits debt target may be missed. BERLIN/ PARIS Feb 14- Europe's two largest economies, Germany and France, both shrunk markedly in the last three months of 2012, suggesting the euro zone has slipped deeper into recession and throwing a first quarter recovery for the bloc into doubt.

  • NEW YORK, Feb 14- The euro plunged to a three-week low against the dollar and sank against the yen on Thursday after data showed a dour picture of the euro zone economy, raising speculation the European Central Bank will cut interest rates.

  • NEW YORK, Feb 13- The yen ended a volatile trading session little changed on Wednesday as concerns about currency wars and the fallout from mixed messages from the G7 put added focus on a G20 meeting in Moscow later in the week.

  • *France seen seeking market confidence with plans for cuts. PARIS, Feb 13- France is likely to miss this year's public deficit goal because of weak growth, Prime Minster Jean-Marc Ayrault said on Wednesday, acknowledging for the first time that a cornerstone of his government's fiscal policy was crumbling.

  • *S&P 500 hits highest level since November 2007; Dow off. NEW YORK, Feb 13- World stock markets struggled for traction on Wednesday, while currency trading was volatile ahead of the G20 meeting in Moscow later in the week.