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Japan is in the middle of a "big monetary experiment", from which market volatility should be expected, Ben Broadbent, a member of the Bank of England's Monetary Policy Committee, told CNBC.
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Rio Tinto aims to axe $7 billion in costs over the next two years as it faces weaker commodity prices, and despite cutting costs the global miner had managed to beef up production at its lucrative Australian iron ore operations.
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Spain's government, breaking a campaign pledge, said it would raise pensions by 1 to 2 percent in 2013.
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The European Commission gave the go ahead for Spain to overhaul its stricken nationalized banks on Wednesday and opened the door for nearly 40 billion euros in euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis.
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Eurozone governments could be forced to accept losses on their rescue loans to Greece after Monday’s late-night deal to overhaul its bailout failed to agree how to reach new debt targets for the struggling country, according to documents seen by the Financial Times, the Financial Times reports.
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Ericsson, the world's biggest telecom network equipment maker, said on Tuesday it had filed a suit in the United States against Samsung Electronics for patent infringement.
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The euro zone's economic mood improved but signs of stagnant investment plans for next year dampened hope of a quick recovery.
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A credit markets boom could last another five years, but its end will be much harder than when the last bear market hit, a market strategist told CNBC.
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Attorneys for Dominique Strauss-Kahn denied reports he agreed to settle a case with the maid who accused him of sexually assaulting her last year.
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New Year is a time for reflection. So let’s start now and revisit the question: What is the point of the euro?
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U.S. retailer Costco Wholesale Corp is to pay a special dividend of $7.00, worth a total $3.0 billion to investors, it said when posting monthly same-store sales that beat forecasts.
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Month-end selling dents the yen and Mario Draghi lifts the euro — it's time for your FX Fix.
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These 10 U.K. entrepreneurs went from minor start-ups to globally recognized brands.
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Financial markets react negatively to three dangerous games of chicken being played out around the globe.
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EU trade ministers agreed to start negotiations to create a free-trade area with Japan, overcoming resistance from European carmakers.
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The OECD slashed its global growth forecasts on Tuesday, warning that the debt crisis in the recession-hit euro zone is the greatest threat to the world economy.
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Even as markets have been focused on a potential bailout for Spain, analysts say Italy, which is heading for a protracted recession, may also need aid in 2013.
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Sabina Kaylan, European head of research at CBRE Investors, tells CNBC why there are new opportunities to invest in northern European real estate.
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Francesco Filia, CEO and CIO of Fasanara Capital, tells CNBC why he expects there to be a 20 percent rise in European equity markets over the next three to four months.
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François Hollande demanded on Tuesday that Lakshmi Mittal, the steel magnate, guarantee the long-term future of workers at a disputed plant in northern France or face the threat of a state takeover of the operations.
What Investors Should Know
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Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage."
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Microsoft unveiled its next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
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Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
Editor's Picks
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German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists across the world.
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Teen use of Twitter has grown significantly, a new report shows, as Facebook loses market share. Here's why.
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What Warren Buffett once called "financial weapons of mass destruction" are firing again.
Europe Video
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Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC they are not pre-committed to any particular path at the Bank of England and there's still a case for having extremely easy monetary policy.
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Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC that Japan is in the midst of a big monetary experiment, so volatility in equity and bond markets should be seen in that context.
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Following the death of a man in London by Islamic extremists, NBC's Annabel Roberts reports from the ground.