ECB Executive Board Member Joerg Asmussen expressed confidence in the U.S. government, but warned that in Europe, depositors could still be tapped if a bank failed in the future.
The U.K. and Europe have failed to capitalize on the maverick within the global energy market and are being left out in the cold, a leading energy analyst told CNBC.
U.S. Commerce Secretary Penny Pritzker has told CNBC that the ongoing government shutdown is hitting business confidence, but insisted that the situation would be short lived.
British industrial output suffered an unexpected fall in August as factories cut production, data showed on Wednesday.
India's rupee was the best performing global currency last month, a surprising bounce back for a currency that hit record lows in August.
With unemployment high, freer trade and investment could create thousands of jobs. But which model could create those jobs?
Wal-Mart has called off its joint venture with India's Bharti Enterprises in a deal which will see it go solo in Asia's third-largest economy.
News that Janet Yellen will be nominated as the next Fed chief will provide temporary relief to markets.
With Europe's fragile economic recovery at stake, it is keeping a close eye on the looming budget crisis, wary of the unthinkable: a US default.
If the shutdown in Washington runs on for a month, the effects on the U.S. economy and global markets will be substantial, the IMF has said.
An education company co-founded by Goldman Sachs is at the center of a corruption probe that has ensnared the head of a state-owned corporation.
Indian manufacturing and service sector activity fell for a third successive month in September, according to a HSBC report published on Wednesday.
Apple will host its iPad event on Oct. 22, according to an All things D report.
Yum Brands warned that it will take longer for its China restaurant sales to rebound, which accounts for more than half of the company's profit.
A man in Canada has just been given immunity in a case concerning a bogus claim for a $14.3 million jackpot in the Iowa state lottery.
“We can’t make extortion routine as a part of our democracy – democracy doesn't function this way,” said President Barack Obama as the partial shutdown dragged on for an eighth day.
Demand for dollar cash outside the US surged with market participants paying higher premiums for dollars to tide them over a mid-October deadline.
While the spotlight may have shifted to the U.S. government shutdown, some analysts are quietly pushing back their taper forecasts.
The foreign exchange market is a "wild west" open to rigging, but regulators are becoming sharper, the VP of NASDAQ's surveillance team said.
"The conditions for a loss of confidence are here right now," said the hedge fund manager who runs $22 billion Elliott Management.
Scotland’s independence vote has piqued the hopes of other separatist groups in Europe. Here are the regions that may try to imitate Scotland.
CNBC looks at some of the most probable moves in the early days of Scottish independence if the Ayes have it.
A proposed clampdown on global tax avoidance took a step forward with a leading global think tank releasing key recommendations ahead of a G-20 meeting later this month.
A Promo video for CNBC Meets HRH The Duke of York
CNBC Meets' Tania Bryer speaks to HRH The Duke of York, second son of reigning monarch Queen Elizabeth II and the Duke of Edinburgh.
In part two, HRH The Duke of York, Prince Andrew talks about his latest charitable projects, public duties and how he addresses his mother, The Queen.
Chinese stocks stormed higher in recent months, but charts indicate they may face a period of consolidation.
Gold fell on concerns that a strong dollar and improving economy could damp demand, and silver charts suggest that bullion may not regain upward momentum soon.
Charts suggest that the downtrend in the euro/dollar is firm ahead of the European Central Bank's (ECB) policy meeting on Thursday.