*Japan CPI as expected, muted reaction from dollar/yen. LONDON, July 25- The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment heading in to the end of the U.S. currency's strongest week since March.» Read More
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
As protests continued for a 12th day, Egypt's newly named vice president and other top military leaders were discussing steps to limit President Mubarak’s decision-making authority and possibly remove him from the presidential palace in Cairo, the NYT reports.
When the heads of the EU meet in Brussels on Friday, they will hear new ideas on how to save the euro, delivered by Mrs. Merkel and the French president, Nicolas Sarkozy, but written largely in Berlin, reports the New York Times.
European shares were set to rise on Friday, tracking gains on Wall Street, as encouraging weekly U.S. jobless data boosted confidence about a recovery in the labor market.
More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC.
European shares were expected to slip in opening trade on Thursday, with a recent rally losing steam as investors stayed cautious.
Like a warning curl of smoke, inflation talk is working its way through financial markets.
Global inflation is far higher than official statistics reveal, Marc Faber, editor and publisher of the “Gloom, Boom and Doom” report told CNBC on Wednesday, with increases in the cost of living amounting to between five and eight percent in the United States and just below that in Europe.
Did the financial crisis change very much? That was the FT's Martin Wolf's question as he went to the annual meeting of the World Economic Forum in Davos last week. The answer is: yes. Above all, it has accelerated the arrival of our future.
The Spanish government is ready to implement further austerity measures to defend this year's budget deficit target and is confident that demand for Spanish bonds will stay strong, Jose Manuel Campa, Secretary of State for the Economy, told CNBC.
European shares were set to rise on Wednesday, tracking advances on Wall Street and in Japan and extending gains from the previous session.
With the Middle East in the background, financial markets are turning their attention to Friday's jobs report and other U.S. economic data slated for this week.
Lewis said he found it “amazing” that the Irish government has “socialized” the banks—some $80 billion in senior and subordinated debt—and made it the financial responsibility of Irish taxpayers, who didn’t create it.
The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation, reports the Financial Times.
Financial bookmakers predicted gains for the leading European benchmark indexes on Tuesday, with the focus seen shifting back to the economic outlook and company earnings.
Tuesday's "million" person march in Egypt could keep the heat on oil prices, which have gushed nearly 8 percent in two sessions.
Some accuse the Mubarak government of deliberately fanning class tensions to create demands for the restoration of its brutal security state. But such resentments have built up here for nearly a decade. The NYT reports.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
An overwhelming majority of business and financial leaders from around the world think there is a chance that one or more eurozone countries will leave monetary union over the next three years, reports the Financial Times.
Europe’s banking system is returning to health amid signs that financial institutions are no longer hoarding cash, according to key indicators, reports the Financial Times.