GO
Loading...

World Economy

More

  • Asian Markets End Lower on US Inflation Worries Monday, 17 Dec 2007 | 5:18 AM ET

    Asian markets were sharply lower at the end of trading Monday, with most of the benchmark indexes over 3 percent down at the close. Financial stocks sank as rising U.S. inflation lessened expectations for rate cuts in the world's biggest economy.

  • Euro zone services growth cooled more than expected in December as the banking sector stalled while manufacturing activity eased marginally, but in line with forecasts, a key survey showed on Monday.

  • China Eyes 2008 Credit, Financial Innovation Sunday, 16 Dec 2007 | 11:11 PM ET

    China will intensify its policy tightening next year to curb credit growth, deputy central bank governor Liu Shiyu said in remarks published on Monday.

  • Toyota to Boost Output, May Outpace GM: Report Sunday, 16 Dec 2007 | 5:06 PM ET
    Toyota and GM

    Toyota Motor will raise its projected global production to almost 10 million vehicles next year, and could soon outpace U.S. rival General Motors to become the world's largest automaker, a newspaper reported.

  • Lighting Up My Christmas, But Not My Energy Bill Friday, 14 Dec 2007 | 3:49 PM ET

    In my 8 in '08 predictions, I told you to expect more melding of my enthusiasm for the energy beat with my passion for personal finance. So you shouldn't be surprised that this is what's on my mind. I plan to decorate my house for the holidays this weekend.

  • Financial Stocks: When Is It Time To Buy? Friday, 14 Dec 2007 | 1:17 PM ET

    As I have been doing my 2008 predictions, I've talked to several dozen of my best sources about what they are expecting next year. The number one question has been, is this the time to buy financials? So let me take a stab at this.

  • Euro Zone Inflation Surges 3.1% on Food, Oil Prices Friday, 14 Dec 2007 | 9:19 AM ET

    Euro zone inflation surged to 3.1 percent in November, the highest level since May 2001 according to Global Insight and above an earlier estimate of 3 percent, data from the EU statistics agency Eurostat showed on Friday.

  • Asian Markets End Lower on Credit Fears Friday, 14 Dec 2007 | 5:14 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    A credit ratings downgrade for U.S. banking giant Citigroup sent Asian financial stocks lower Friday, while the yen sagged after Japanese business sentiment dropped to two-year lows.

  • Fed Plan Gets Mixed Reviews From CNBC Guests Thursday, 13 Dec 2007 | 11:29 AM ET

    Everybody seems to have an opinion on the Federal Reserve's plan to ease the global credit crunch. Here's what some CNBC guests were saying Thursday.

  • Asian Markets End Lower on Credit Fears Thursday, 13 Dec 2007 | 5:25 AM ET

    Skepticism about plans by major central banks to tackle tight credit conditions kept Asian stocks subdued Thursday, with all of the benchmark indexes marking a loss for the day.

  • Central Banks Make Biggest Joint Action Since 9/11 Wednesday, 12 Dec 2007 | 5:34 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Central banks banded together to make it easier for stressed banks to borrow money in a credit crunch that threatens to knock the U.S. economy into recession.

  • How the Central Bank Credit Plan Will Work Wednesday, 12 Dec 2007 | 4:40 PM ET

    Major central banks, including the Federal Reserve and the European Central Bank, acted in unison Wednesday in unveiling plans to provide liquidity to the banking system, where funds covering a longer span of time have become scant.

  • Fed: Credit Plan Is Better Than Cutting Interest Rates Wednesday, 12 Dec 2007 | 4:27 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    The Federal Reserve's plan to ease the global credit crunch has been in the works for a while and will be more effective than cutting interest rates, a senior Fed official said.

  • Energy Source with Melissa Francis Wednesday, 12 Dec 2007 | 1:58 PM ET

    As you may have read in Sharon's post, both she and I are "sharing" the joy of making predictions for 2008 as part of CNBC's Outlook For '08. Here are mine, with as much "futuristic foresight" as I can muster:

  • Energy Source with Sharon Epperson Wednesday, 12 Dec 2007 | 1:57 PM ET

    Melissa and I are taking part in the Outlook For '08 predictions, but we decided to split them up. So, out of the eight we are making, I took four and Melissa took four. That way, you'll get double the pleasure next year, of seeing whether the two of us are right!

  • Political Capital with John Harwood Wednesday, 12 Dec 2007 | 1:10 PM ET

    Okay, here are my predictions for 2008 as part of our Outlook '08 coverage. We'll look back next year to see how I did--see number 7 below in order to figure out how good I am at this! 1) MY OVERALL PREDICTION: at a time of heightened public anxiety about America's future, the presidential election next November will shatter previous turnout records.

  • Oil Tops $94 on US Crude Inventory Drop Wednesday, 12 Dec 2007 | 12:36 PM ET

    Energy futures rose sharply after the government reported unexpected declines in supplies of crude and heating oil last week and the Federal Reserve announced a plan to help banks weather the credit crisis.

  • Dollar Rises vs. Yen on Global Central Bank Action Wednesday, 12 Dec 2007 | 11:31 AM ET
    Dollar and Euro

    The yen tumbled and high-yielding currencies posted sharp gains as carry trades regained popularity Wednesday after Federal Reserve and other major central banks announced coordinated measures to ease the money market's liquidity crunch.

  • ECB, BOE Join Fed Effort to Ease Market Stress Wednesday, 12 Dec 2007 | 11:04 AM ET

    Several top central banks including the Federal Reserve and the European Central Bank  announced plans to address elevated pressures in short-term funding markets.

  • Fed's Recent Moves to Add Liquidity Wednesday, 12 Dec 2007 | 11:00 AM ET

    The U.S. Federal Reserve on Wednesday announced with other major central banks measures to alleviate upward pressure in interbank markets as financial sector troubles have made it more difficult for banks to raise funds. Following are some major steps the Fed has taken to provide funding to the banking system.

Contact World Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Most Popular Video

Wednesday, 16 Apr 2014 | 4:40 AM ET

Loyalists around the world have embraced it as the cryptocurrency of the future, but some big names on the street differ widely in their beliefs about bitcoin. The Oracle of Omaha thinks it's a "joke." Tech entrepreneur Marc Andreessen counters that Buffett is out of touch, while bitcoin believers like Jonathan Rumion fully embrace the digital currency by buying groceries with bitcoin and even getting paid in bitcoin. CNBC's Mary Thompson reports.

Wednesday, 16 Apr 2014 | 3:00 AM ET

European shares opened higher on Wednesday as better-than-expected Chinese growth data buoyed sentiment.

Wednesday, 16 Apr 2014 | 2:00 AM ET

Brady Dougan, CEO of Credit Suisse, says the bank's fixed income business is "strong", while the investment banking arm has performed well.