Global stocks were down sharply Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. Experts told CNBC the yen remains the favorite among the carry trades.
The European Union's former communist members spooked the West earlier this year, when some investors and analysts believed their crumbling economies could send shockwaves through the system and even sink the EU. The International Monetary Fund and the EU have pumped billions of euros in Central and Eastern European countries to alleviate the pain of the crisis, but their economies are still suffering. Click ahead to see what they expect for this year.
Global stocks were mostly lower on Monday, sticking close to one-month lows as news of CIT Group finally filed for bankruptcy underscored the continuing fragility of parts of the financial sector. Experts told CNBC safe-haven trading is back – for now.
It seems the financial crisis isn't all doom and gloom: one in four people are glad the world's economy slumped like it did, because it helped them realize their priorities in life, according to a global survey.
Global stocks were mixed Friday after the Dow's 2 percent gain overnight on better-than-expected U.S. GDP figures that showed the world's biggest economy exited recession in the third quarter.
London celebrated 25 years of British fashion at the British Fashion Council's London Fashion week. Held at the iconic Somerset House in London's West End, the catwalk shows and exhibitions highlighted the UK's place in the global fashion landscape along with featuring new talent.
Global stocks were mixed on Thursday, with Asian shares closing lower, while European shares edged up to trade flat on the day, ahead of U.S. third-quarter GDP data. Experts told CNBC that despite an expected rise in activity in the world's largest economy, oil is still susceptible to a drop in price.
Norway's central bank ordered the first interest rate increase in Europe since the global financial crisis bit hard a year ago and signaled more tightening to come as the economy recovers from a mild downturn.
Global stocks were lower on Wednesday on worries of the pace of the economic recovery after a dip in U.S. consumer confidence. But experts told CNBC the market still has upward momentum.
Even after death celebrities make millions and fashion designer Yves Saint Laurent, who surpassed singer Michael Jackson, was named the top earning dead celebrity.
In the sprawling European subsidy program - which lavishes more than 50 billion euros ($75 billion at current exchange rates) a year in agricultural aid - no commodity is more susceptible to fraud, chicanery and rule-bending, experts say, than simple household sugar.
Global stocks were mixed on Tuesday, as Asian shares followed Wall Street's overnight selloff, while European share rose on the back of a positive outlook from BP. Experts told CNBC a pullback would be healthy as it will set up the market for another rally.
Global stocks rose on Monday, starting the week in positive territory, ahead of another host of corporate earnings results. Experts told CNBC investors should begin to return to a fundamentals-focused portfolio.