Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
The Japanese Index is hitting a 52-month high, and the European markets are posting sizable gains for the year. CNBC's Seema Mody; Brian Kelly, Shelter Harbor Capital; Lee Munson, Portfolio Asset Management; and Dan Greenhaus, BTIG, offer insight.
Lim Say Boon, Chief Investment Officer, DBS Private Bank says the ECB will likely keep the refinancing rate on hold but Mario Draghi is likely to talk about keeping the euro low. He says the rise in Spanish and Italian 10-year bond yields is partly due to political uncertainty.
Lim Say Boon, Chief Investment Officer, DBS Private Bank says unlimited central bank intervention has taken a large amount of tail risks off the table. He has moved from being neutral to overweight on stocks.
Arthur Hogan, Managing Director & Head of Product Strategy Equity Research at Lazard Capital Markets says the ECB is the only central bank that appears to be tightening. He says this has impacted the euro and led to pressure on exporters.
American companies aspire European region to boost its profit in 2013 after years of weakness.
The head of the CFTC says this is yet another glaring example of the financial sector run amok and warns regulators around the globe need bigger and heavier hammers.
CNBC's Simon Hobbs reports on all the market moving events from Europe today.
Royal Bank of Scotland will be punished for its role in the global interest-rate rigging scandal with fines amounting to $612 million, the British bank said on Wednesday.
Board members at Monte dei Paschi are expected to say that Italy's third largest bank may have lost up to 1 billion euros on trades, higher than the initial estimate.
Banks that rigged interest rates behaved in "brazen, flagrant" fashion, the head of the Commodities and Futures Trading Commission told CNBC on Wednesday.
Incoming Bank of England Governor Mark Carney is set to address policymakers at a U.K. parliamentary committee on Thursday with many expecting sterling to fall as he delivers his dovish policy outlook, but analysts have told CNBC that this could prove to be wrong and the currency could in fact move sharply higher.
HSBC's biggest restructuring was to simplify the bank's complex structure and wide geographical spread which had made it attractive to money-laundering criminals.
Europe suffers the worst consumer confidence levels in the world, according to a survey by market research firm Nielsen which showed that Greek, Hungarian and Portuguese consumers topped the poll of pessimists.
Spanish regions are Prime Minister Mariano Rajoy's biggest headache: they're highly indebted and decentralized. RBS has found a sweet spot in Spain's strongest regions with returns of 14 percent over the past three months since the bank initiated the trade.
British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.
CNBC's Kelly Evans has the update on currency rates around the world.
Iceland's central bank said it planned to support the crown currency after it temporarily suspended its regular purchases from market makers.
Record high unemployment mean the European Central Bank has scope to lower interest rates in order to weaken the spiraling euro, ING Senior Economist Carsten Brzeski said.
The current scandal surrounding Spanish Prime Minister Mariano Rajoy will not disappear any time soon and investors should expect ongoing volatility, according to the European research team at one of the world's largest banks.
Syngenta, the world's largest agrochemicals company, said it was confident ahead of the upcoming planting season and will hike its dividend 19 percent after it posted a full-year net profit that beat expectations.
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.