Sovereign default in developed economies could be "catastrophic" for investors, a report by BlackRock Investment Institute noted, as many traditionally have large holdings in government debt as a very low risk, relatively low return investment.
European stock index futures pointed to a stronger open for equities on Friday, after shares hit a near-one month high a day earlier, with focus likely to be on manufacturing data from both sides of the Atlantic for clues on the health of the economy.
Stocks are a buy as the cash-rich corporate sector is set to be a net buyer of equities according to Andrew Garthwaite, a global equity strategist at Credit Suisse.
All is not well in China and the interbank market in the country is sending baffling signals, according to First Global Chief Strategist Devina Mehra.
Prejudice in society undermines the development of human capital and could set back the recovery of economies hit by the financial crisis, according to a new report by UBS.
Around 750,000 British teachers, civil servants, border agents and other public sector workers went on strike on Thursday after negotiations with the government failed to come to a resolution over proposed pension reforms.
High oil prices and concerns over the safety of nuclear power following the Fukushima crisis in Japan are reigniting interest in renewable energy, with wind power likely to be a major beneficiary, Tulsi Tanti, chairman of Suzlon Group, told CNBC.
European stocks were expected to open higher on Thursday following a crunch vote in the Greek parliament on Wednesday, approving a fresh round of austerity measures in the country and amid optimism that a second vote will pass on Thursday to turn the measures into law.
Press reports that the European Banking Authority (EBA) could fail up to 15 European banks as a show of the strength and resilience of the tests are completely unfounded, the EBA’s chairman said on Wednesday.
The Greek Parliament has voted to back a package of deep spending cuts that should go some way in clearing a path for a second bailout for the country.
European politicians need to "stop talking like accountants and become leaders," Harris Ikonomopoulos, president of the British Hellenic Chamber of Commerce, told CNBC Wednesday.
Larry Fink, one of the world's most high-profile investors, would like to put all his money in equities at the moment.
European stocks were expected to open higher after ending up on Tuesday’s close amid optimism that the Greek parliament will approve fresh austerity measures in a vote on Wednesday.
The Greek economy needs to “go back to the fundamentals” to achieve the economic changes needed, according to a leading Greek economist.
"It is not unrealistic for China to backstop the euro zone crisis," said Mark Mobius, the executive chairman of Templeton Emerging Markets Group in an interview with CNBC on Tuesday from Monaco.
European stocks were expected to open higher on Tuesday after edging up by Monday’s close on fresh hopes that private bondholders could share the burden of Greek debt.
Dominique Strauss-Kahn's resignation following a sex scandal triggered worldwide discussion about who will get the top position in the Washington-based organization. Click to see the former heads of the IMF.
Trading of stocks in France's CAC 40 index resumed at 1045 GMT on Monday after a technical problem led Euronext to suspend trading for about 30 minutes.
New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.
European stocks were expected to open lower on Monday after all the major indexes fell on Friday, amid lingering concerns over Greek debt ahead of parliamentary votes on fresh austerity measures due to take place on Wednesday and Thursday.