Talks between the U.S. and Japan are making progress and will resume again on Monday, Japan's economy minister said.» Read More
Even as Yemen’s political crisis deepens, the country is on the brink of an economic collapse so dire it could take years to recover, and hobble efforts to rebuild its fragmented society, the New York Times reports.
The news that Moody’s is reviewing the debt ratings of Bank of America, Wells Fargo and Citigroup shows how dependent these banks have been on the invisible and unwilling support of the American taxpayer.
It all turns on the criteria that make up the ten categories in our point system and this year has brought some interesting changes. Here's the rundown.
The Greek people's reaction to the implemented austerity measures should not be ignored, warned Alastair Newton, managing director and senior political analyst at Nomura.
The latest numbers for UK manufacturing showed a continued weakening, prompting concerns that the economic recovery is likely to be more protracted than forecasts have suggested.
If recent land auctions across China are anything to go by, then Beijing’s efforts to cool the country’s sizzling residential property market are finally beginning to work after a year of moral suasion and threats to local governments, banks and developers. The FT reports.
Greece’s finances are out of control. Its bonds are downgraded to junk; and without a German and European Central Bank bailout, it will be forced to restructure its debt. The United States is losing control of its finances too, and bond rating agencies have threatened to downgrade its debt.
DP World, Dubai’s global port operator, began trading on the London Stock Exchange on Wednesday as the company seeks to tap into global liquidity.
It seems certain the IMF will not pay its share of an aid tranche to Greece at end-June but the global lender is seen taking part in a new programme, a German newspaper reported on Wednesday without quoting any sources.
As the race for a new bailout for Greece continues, one of the main bones of contention between opposition politicians and the Greek government is tax.
The prices of staple crops will more than double in 20 years, unless fundamental changes are made to the international food system, warns the international charity Oxfam.
Investors should buy UK banks now while they are cheap as their share prices will rise significantly over the next two years, a report published by Societe Generale said; but other analysts contradicted this view because of the gloomy economic outlook.
British homebuilders and mortgage lenders are considering making it easier for first-time buyers to get the 95 percent mortgages which many believe contributed to the credit crisis, in a move that risks sparking a wave of criticism.
The Bank of England (BoE) was warned by the British Chambers of Commerce (BCC) on Monday that raising interest rates before November risked damaging the recovery of the UK economy.
Republican presidential contender Tim Pawlenty said he can unite the party and defeat President Obama in 2012.
Robert Reich, former Labor Secretary, and Steve Moore, WSJ, discuss whether a 62% tax rate could be on the way.
The Organisation for Economic Cooperation and Development (OECD) warned the British government on Thursday that it must ease the pace of deficit reduction or risk damaging the recovery of the UK economy.
The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.
A group of Canadian banks and pension funds said on Wednesday it will take its C$3.6 billion ($3.7 billion) bid for TMX Group directly to shareholders after the exchange operator rejected the bid in favor of a friendly offer from the London Stock Exchange.
CNBC's Jane Wells reports on all the new money and millionaires the recent tech IPO frenzy has created, and whether taxes on the added wealth will help California with its budget problems.
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