There has been "clear improvement" in the economic situation in Europe over the past year, European Central Bank policymaker Ewald Nowotny told CNBC.» Read More
There has been "clear improvement" in the economic situation in Europe over the past year, European Central Bank policymaker Ewald Nowotny told CNBC.
Early returns from the earnings season suggest that investors are slowly starting to buy into the scenario that better days lie ahead, unwinding some trades put on at the apex of market pessimism.
For the first time in recent years, policymakers don't have a major financial crisis to grapple with at this year's World Economic Forum (WEF), which gets under way on Wednesday.
A fall in euro zone government bond yields, rallying regional equity markets and a stronger euro suggest that six months after Mario Draghi pledged to save the euro zone from collapse, the European Central Bank (ECB) chief appears to be winning his battle with financial markets.
Investors have been faced with major worries this year: the euro crisis, the U.S. "fiscal cliff", and China's slowdown—so it might seem counter-intuitive that markets just posted their best performance in five years.
Talk that Singapore’s monetary policy will be eased soon is growing louder as the economy teeters on the brink of recession. Yet, high inflation puts the country’s central bank in a bind and its next policy move is by no means a done deal, economists say.
Escalating numbers of Europeans now rely on food aid according to the Red Cross, which says failing welfare services and high unemployment mean nobody knows who may need to ask for help next.
Enough of the pessimism over the euro zone, says one analyst, who points out that the disaster scenarios anticipated by financial markets for the region have not played out, leaving the euro poised for a strong rally that could take it to $1.50 next year – a 17 percent gain from where it is now.
Rather than wait for prosperous economic times to return to her native Portugal, Tatiana Almeida (26), educated to be a journalist, decided to leave and move to East Timor, a former colony in Southeast Asia, in search for opportunities.
Asia’s economies may still be booming, but a worrying amount of private sector credit is laying the groundwork of the next financial crisis, according to a new research by Capital Economics.
The euro nears parity with the dollar, the Bank of England undertakes its own QE2 and Greece opts to restructure its debt.
Friday at noon, New York time, 91 banks in Europe will reveal how strong they would be if the region went back into recession over the next two years and the sovereign debt they hold plunged in value.
Some nations around the globe are in considerably worse debt positions than others. Here are nations with the world's greatest debts.
With economic growth and corporate profits under extreme pressure these days, corporate tax rates are under greater scrutiny. Click to see which countries have the highest corporate tax rates.
So, what are the most beautiful currencies in the world? David Standish, author of The Art of Money, shares his comments and top picks.
Global Finance Magazine recently graded 31 central bank chiefs in its "Central Banker Report Cards 2009" based on their performance. Here's a look at 15 key bankers and how they scored.
So, which countries boast the biggest amount of foreign direct investment? Click to find out!
The holdings presented here are as of WGC's December 2011 report, unless otherwise noted. So, who holds the most gold? Click ahead to find out!
If you chose to move from your current country of residence, where would be the best place for you to go? That's the question this year's HSBC Expat Explorer Survey 2009 is trying to uncover.