Bernanke: Too Soon to Consider Tapering Bond Buying
Katy Barnato
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Cyprus, rather than Spain, Italy or Greece, poses the biggest sovereign risk to the euro zone, according to Charles Dallara, the managing director of the Washington-based bank lobby group, the Institute of International Finance (IIF).
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World unemployment could top record levels this year and continue rising until 2017, the International Labour Organization (ILO) said on Tuesday in its annual employment report.
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Inequality risks destabilizing “global society”, Klaus Schwab, the German economist who founded and chairs the World Economic Forum, told CNBC on Tuesday.
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Police are hunting for a suspect after a 147-foot underground tunnel was used to launch an audacious raid on a Berlin bank.
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China’s rising labor costs will help other South Asian countries gain a foothold in low-end manufacturing, a report from Capital Economics said on Thursday.
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U.S. stock index futures were lower Wednesday as worried over global economic growth overshadowed a pair of strong bank earnings.
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Goldman Sachs backed down on Tuesday on its plan to delay paying U.K. bonuses in order to benefit from an imminent cut in the top personal tax rate.
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U.S. stock index futures edged lower Tuesday as investors worried over the ongoing debate in Washington over raising the debt ceiling and ahead of what is expected to be a lackluster earnings season.
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U.S. stock index futures were lower Monday ahead of a busy week of earnings reports and as Apple shares were hit by demand worries.
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Europe's peripheral economies face a re-run of the U.K.'s "winter of discontent", with high unemployment and stagnant growth, according to a report by Goldman Sachs.