*Ryanair jumps after forecast-beating results. LONDON, May 20- European shares held steady on Monday after touching a new five-year high, with positive data from the United States and Japan pointing to an improving global economic outlook, boosting the market's near-term sentiment. The STOXX Europe 600 Basic Resources index fell 1.3 percent.» Read More
*Ryanair jumps after forecast-beating results. LONDON, May 20- European shares held steady on Monday after touching a new five-year high, with positive data from the United States and Japan pointing to an improving global economic outlook, boosting the market's near-term sentiment. The STOXX Europe 600 Basic Resources index fell 1.3 percent.
Easy monetary policy by the Federal Reserve and other central banks is limiting supply of stocks, as well as fueling asset bubbles, one analyst warned on Monday.
*Ryanair jumps after forecast-beating results. LONDON, May 20- European shares set a new five-year high for a fourth straight session on Monday after positive indicators from the United States and Japan pointed to an improving global economic outlook.
A two-day Bank of Japan meeting, a speech by the Federal Reserve's chief and minutes from the latest Reserve Bank of Australia gathering put central banks in focus for Asian markets this week.
Michael Spencer, Chief Economist, Asia Pacific at Deutsche Bank, says that in three to six months it will be obvious to investors that there is growth in Asia.
LONDON, May 19- This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors banking on a steady pickup in activity during the second half of 2013..
Switzerland is set to bow to years of pressure from the EU by overhauling the system of tax privileges that has helped entice thousands of multinational firms to the country.
China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging Beijing's efforts to cool record home prices while supporting economic expansion.
Olli Rehn, the European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity.
It's Fed Chairman Ben Bernanke's turn to weigh in on whether the economy is strong enough to justify the Fed slowing down its easing any time soon.
The Fast Money traders share their final trades of the day.
The Fast Money traders take a look at today's biggest market movers.
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.
If you're lucky enough to win the upcoming half-billion-dollar Powerball, you'll also be putting a big smile on Uncle Sam's face. That's because the tax burden will be substantial.
In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about the stock market's continued rally. (2:02)
US consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks shifted higher despite weak economic data from the U.S. yesterday.
Indonesia is ready for a sudden withdrawal of foreign funds from the country once major central banks around the world start unwinding their aggressive monetary stimulus, a senior Indonesian government official says.
As the school year draws to a close, report cards are in for some of the world's most influential central bankers as well. Here's who passed with flying colors and who didn't make the grade.
The paths of Japan and Europe, which have been the sick men of the world economy for years, diverged this week: Japan showed a robust first quarter growth while Europe fell deeper into recession. Will Europe learn from Japan? The NYT reports.