Greek Prime Minister Antonis Samaras failed to gain the support of the supermajority needed to elect his presidential nominee.» Read More
Japan's decades of economic stagnation should be a warning to all central banks, particularly the European Central Bank, according to Satyajit Das, a former banker and author of "Traders, Guns and Money".
European stocks may have loved the forward guidance issued by both the European Central Bank and the Bank of England, but some economists have expressed concerns.
A crackdown on the Muslim Brotherhood got underway as several leading members were arrested after the overthrow of President Mohammed Morsi.
The ECB has sent a very strong signal that it will keep rates low for an extended period, just weeks after the Fed raised the prospect of tapering its monetary stimulus, said experts.
Snowden should find another country to seek refuge in, says Russian official, signalling Moscow's growing impatience over the former NSA contractor's stay at a Moscow airport.
The past fortnight has been a potentially expensive one for banks on both sides of the Atlantic, with tighter regulations leaving lenders feeling bruised.
Brussels has threatened to suspend two data sharing agreements with the US, due to claims that America's intelligence agencies have been spying on Europe. The Financial Times reports.
Portugal's prime minister has found a way to maintain government stability with the junior partner in the ruling coalition, but the full details still need to be hashed out.
Rupert Murdoch belittled a British police inquiry into bribes allegedly paid by his journalists in a secret recording made by his staff, in sharp contrast to the profuse public apologies he made to defuse anger at news gathering practices.
In a prescient piece of research just hours before the ECB said it would keep rates low for an extended period of time, Goldman Sachs said the ECB could launch fresh monetary easing measures within months.
The ongoing political turmoil in Portugal has raised fears the country will have to hold new elections. But the country's former Prime Minister Pedro Santana Lopes has told CNBC that new polls won't change anything.
London is set to become an international haven for U.S. burger lovers as two of the country's popular chains open stores in the U.K. capital.
European asset managers breathed a sigh of relief on Wednesday as Brussels ditched plans to impose a remuneration cap on fund managers.
President Barack Obama sought to allay concerns from German Chancellor Angela Merkel about reported U.S. spying on European allies and agreed to a meeting.
As Greece looks set to miss a key reform deadline set by international lenders, a Greek government minister said it wasn't Greece's fault that it couldn't live up to the demands of a flawed bailout program.
The euro fell to a five week low against the dollar as European Central Bank President Mario Draghi said key rates would remain at present or lower levels for an "extended period of time."
Egypt's benchmark stock exchange surged on Thursday and oil prices eased on relief after the ouster of Mohammed Morsi as Egypt's president didn't result in large-scale violence as some had feared.
The Bank of England kept its main interest rate unchanged on Thursday but warned that rising bond yields would weigh on its current outlook for growth, which led to a sharp weakening of the sterling against the dollar.
Concerns that a political crisis in Egypt could disrupt oil supplies from the Middle East could boost crude a further $4 to $5 a barrel if violence continues, analysts say.
A Turkish court has cancelled an Istanbul building project backed by Prime Minister Tayyip Erdogan which provided the trigger for nationwide anti-government demonstrations last month, a copy of the court decision showed.
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Emirates Airline - and the industry more broadly - is benefitting from lower oil prices, and will report "healthy profits" says Tim Clark, President of Emirates Airlines.
Spinoffs have been a major theme this year for financial markets. Ryan Mendy, COO of The Edge, discusses the trend further and discusses how it will continue into 2015.
The Russian ruble is seeing a slight rebound after Tuesday's rate hike. Chris Turner, head of FX strategy at ING, discusses whether this puts investors at ease.