German ECB board member Joerg Asmussen warned on Friday that Europe's largest economy must carry out further reforms to continue to grow.» Read More
The euro zone debt crisis has reached a critical level and has left the bloc with limited time to find a solution, Jim O’Neill, Chairman at Goldman Sachs Asset Management told CNBC on Wednesday.
The London Interbank Offered Rate (Libor) is flawed and should no longer be calculated by the British Bankers’ Association (BBA), Howard Davies, Professor at Sciences Po and former chairman of the Financial Services Authority told CNBC.
Volatile equity markets are moving between despair and panic as they struggle to foster some positive sentiment from the increasingly gloomy macro-economic picture, Peter Toogood, Director of Investment at Old Broad Street Research told CNBC’s “Squawk Box Europe”.
Germany’s borrowing costs may be below those of the US – that safest of havens – but that has not spared Berlin from being given a negative outlook by Moody’s, the credit rating agency, the Financial Times reports.
Apple has a rare earnings miss; Netflix shares plummet; Buffalo Wild Wings has tough time and Loeb buys more Yahoo shares.
The Australian dollar has been on a roll, but these strategists think the good times are going to stop.
Europe and the “fiscal cliff” are two of the big depressants weighing on the equity markets, Wharton school finance professor Jeremy Siegel tells CNBC. Once they're resolved, the Dow can head to 15,000, Siegel said.
Moody's goes negative on Germany, Japan talks tough, and the British aren't buying houses — it's time for your FX Fix.
Greece has been out of the limelight for a few weeks so we have had the luxury of addressing topics other than the euro zone. Normal service will be resumed fairly shortly I’m sure, but in the meantime we stay close to home and today consider the importance of statistics.
Signs that cracks in the euro zone are widening sent markets on the Continent down sharply on Monday, as doubts grew about Greece’s ability to make good on its debt payments and Spain’s economy — the region’s fourth largest — was straining under the pressure of the government’s austerity measures, the NYT reports.
Last year, the Honduran Congress passed a constitutional amendment allowing for the creation of special development regions. In theory, they would function as semi-autonomous city-states with their own governing charters and a degree of foreign oversight, the global Post reports.
Bold plans to sweep away a culture of short-termism in the City, which has been blamed for undermining company performance and reducing investor returns, will prove difficult to enact, some company bosses and asset managers warned. The Financial Times reports.
The euro is hovering near multi-year lows against the U.S. dollar and the Japanese yen as a slew of negative news cements bearish sentiment towards the single currency, but analysts tell CNBC there are signs of resilience in the euro and a collapse is unlikely.
Daniel Sennheiser, President, Strategy & Finance at Sennheiser Global says European sales grew 15% in 2011 despite the euro zone crisis. He adds that consumer demand for its premium, high-end products remain high.
U.S. Treasury yields could continue to set record lows, as investors flee the latest wave of euro zone worries amid fears of global recession.
The start of the week will likely prove to be the worst part as Europe, China, and US concerns will all be front and center. With no central bank cavalry set to arrive this week, the markets will not be bailed out and must probe new levels to adjust for the added risk premium.
Fighting fires isn't going to resolve the crisis, says this think tank guru.
Risk currencies take a hit and Spain's troubles dent the euro - it's time for your FX Fix.
A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini, the economist famed for his bearish views.
Marc Lasry has never been afraid to go his own way. After betting on Obama in 2008, and on Ford in 2009, the hedge fund owner is now putting his money on a long-term European comeback, the New York Times reports.
The markets are buzzing about the possibility of the Fed's tapering off its $85 billion a month asset-purchasing program.
Wall Street's stocks-are-cheap meme may come under stress if what Citi calls a "profitless rally" continues.
Beaten-down gold just can't find any love, and analysts expect it to retest its April lows before long.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to research.
Clive Lambert, director of FuturesTechs, joins CNBC for a technical look at the markets.
Louisa Bojesen takes you through the European market close, where shares have closed higher.
Nader Mousavizadah, co-founder of Macro Advisory Partners, tells CNBC that France is up against some deep structural challenges.