×

Europe Top News and Analysis Spain

  • BARCELONA, Spain— Spain announced an unprecedented plan Saturday to sack Catalonia's separatist leaders, install its own people in their place and call a new local election, using previously untapped constitutional powers to take control of the prosperous region that is threatening to secede. Even moderate Catalans were aghast at the scope of the move,...

  • *Singapore oBike hopes to launch in Paris in coming weeks. Launched just last week, Hong Kong's Gobee.bike has already spread its bikes all over Paris and Chinese giants Ofo and Mobike, as well as Singapore startup oBike, see entering the French capital as a key step in their plans to conquer Europe's city centres. Paris deputy mayor for urban planning Jean-Louis...

  • A pro-unity rally marches through Barcelona, Spain, on October 8, 2017, in response to last Sunday's disputed referendum on Catalan independence.

    The Spanish government has agreed with the opposition Socialists (PSOE) to hold regional elections in January in Catalonia, Socialist politician Carmen Calvo said in an interview on national television on Friday.

  • Spain's King Felipe VI has spoken out forcefully at a public event against Catalonia's independence drive, saying all Spaniards must respect each other and the law. European Parliament President Antonio Tajani and European Commission President Jean-Claude Juncker are in the northern Spanish city of Oviedo to receive a prestigious Princess of Asturias...

  • *STOXX 600 up 0.1 pct, Spain's IBEX down 0.2 pct. Spain's benchmark IBEX was in negative territory, however, down 0.2 percent ahead of a special cabinet meeting on Saturday which could see Spain suspending Catalonia's autonomy. "Things have not deteriorated sharply... because we haven't actually got to that stage, I think it is quite helpful for the beginnings of a...

  • Rajoy, commenting on the unprecedented constitutional step his government is taking to assume control of Catalonia, said on the sidelines of a European Union summit in Brussels that "the goal is double: the return to legality and the recovery of institutional normalcy." Prime Minister Mariano Rajoy's conservative Popular Party has an absolute majority in the...

  • *Senate passes budget plan that could pave way for tax reform. TOKYO, Oct 20- Asian shares and the dollar gained on Friday after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support. By a 51- to-49 vote, the Republican-controlled Senate voted for the budget...

  • *Senate passes budget plan that could pave way for tax reform. By a 51- to-49 vote, the Republican-controlled Senate voted for the budget measure late on Thursday, which would add up to $1.5 trillion to the federal deficit over the next decade in order to pay for proposed tax cuts. Shares in New Zealand were flat after 13 gaining sessions, after the nationalist New...

  • *Spot gold was steady at $1,289.52 an ounce at 0042 GMT. *Federal Reserve Governor Jerome Powell is the leading candidate to become the chair of the U.S. central bank after President Donald Trump concluded a series of meetings with five finalists on Thursday, Politico reported, citing three administration officials. *Powell is considered less hawkish than other...

  • TOKYO, Oct 20- Asian shares inched slightly higher on Friday, but grappled for firmer leads as speculation about who the next U.S. central bank chief will be kept global investors wary. Shares in New Zealand slipped 0.1 percent, snapping 13 gaining sessions, after the nationalist New Zealand First Party agreed to form a new government with centre-left Labour...

  • Caroline Gray, lecturer at Aston University, says the Spanish federal government faces a "politically explosive" move in responding to Catalonia's push for independence.

  • NEW YORK, Oct 19- World stock markets were flat on Thursday as a report on President Donald Trump's possible selection to lead the U.S. After the market slowly pared its gains throughout the latter portion of trading, a report from Politico that Trump was leaning toward nominating Federal Reserve Governor Jerome Powell to succeed Janet Yellen to head the U.S....

  • *Dollar dips after news Jerome Powell favored as Fed chief. *New Zealand dollar sinks after surprise vote outcome. Treasury yields fell, pulling back from a two-year high, with the dollar weakening further late in the day on a report that President Donald Trump was leaning toward Jerome Powell as the next chair of the Federal Reserve.

  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets slipped from a record high on Thursday after a flurry of tepid corporate earnings reports but were off session lows as Wall Street pared losses, while demand for safe-haven assets pushed U.S. Signs of poor demand for Apple's iPhone 8 dragged each of the major Wall Street indexes...

  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets broadly retreated amid investor caution after a flurry of tepid corporate earnings reports from around the globe, stoking demand instead for safer assets like U.S. European shares were on track for their biggest drop in two months on concerns over political upheaval in Spain...

  • *New Zealand dollar sinks after surprise vote outcome. NEW YORK, Oct 19- The euro climbed to the highest in nearly a week on Thursday as U.S. "The problem the dollars having is that the good news is already priced in," said Marc Chandler, chief global currency strategist at Brown Brothers Harriman& Co. "And that good news is the Fed is likely to hike rates in December."

  • *MSCI world index drops off latest high, Wall Street to drop China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. *China cenbank head warns of' Minsky moment'. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's...

  • *New Zealand dollar plunges after surprise election outcome. LONDON, Oct 19- The euro climbed to a one-week high on Thursday as investors shrugged off political uncertainty emerging from Spain before a central bank meeting next week where policymakers are expected to reveal plans to unwind their multi-year stimulus policies. "I don't think that there's a...

  • People hold Catalan separatist flags during a demonstration two days after the banned independence referendum in Barcelona, Spain, on October 3, 2017.

    CNBC's Willem Marx reports Spain's central government says it will move to suspend Catalonia's autonomy after the regional leader failed to drop a bid for independence.

  • *MSCI world index drops off latest high as Spain weighs on Europe China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in...