Nikkei Closes Down Over 7% After Volatile Session
Matt Clinch
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The global economy continues to show signs of slowing, yet stock markets are back near their highs for the year with analysts questioning how long this sentiment will last.
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The Harvard economists have responded once again to the ongoing contentious debate over whether tough austerity measures are helpful or harmful.
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It may be an old cliche but the term "sell in May and go away, buy again on Leger's day", looks increasingly like competent equity advice, according one analyst.
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London’s department store Selfridges said BlackBerry's new Q10 model is its “fastest-ever selling” technology product, but analysts remain unconvinced that this high demand will help the mobile maker remain relevant in a tough market.
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Italian bond yields broke below the 4 percent level on Monday and remain at record lows, but analysts warn the country's borrowing rate is poised on a fragile tipping point, after Prime Minister Enrico Letta’s maiden speech divided market opinion.
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Economists Carmen Reinhart and Kenneth Rogoff revealed they have received "hate-filled" and "threatening" emails since their influential research on austerity was exposed as containing a error last week.
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After China's first quarter growth numbers disappointed markets, two analysts say China is failing to benefit from its brisk credit growth.
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The CEO of the world's biggest advertising firm has warned the industry is facing sluggish growth and the firm is fighting a daily battle.
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The U.K. government has received a damning indictment from the CEO of the world's biggest advertising group, who said that austerity in the U.K. is a falsehood.
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The U.K. economy grew more than expected in the first quarter and George Osborne pointed to signs of healing. But three charts show why the U.K.'s austerity plan is so controversial and why many argue it isn't working.