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European shares gain as traders bet on new bounce
London :: United Kingdom | 1 day ago
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European shares edged up on Friday, staging a small technical bounce after their biggest one-day fall in nearly a year...Follow Economic Times Global Markets Section, For The Latest News!
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Wall St. bucks global slump
Los Angeles :: CA :: USA | 2 days ago
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After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe...Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy, sending the region's stock indexes
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US markets fail to follow Asian share slide
New York City :: NY :: USA | 2 days ago
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The Dow Jones ended down just 13 points to 15,295 and the S&P 500 lost 0.3 per cent to 1,650. The falls were relatively small compared to Asian markets yesterday...The report is viewed by markets as an early indicator of China's economic health. More
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ECB's Draghi: 'Imperative' to set up new bank body
Brussels :: Belgium | 2 days ago
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Germany (AP) European Central Bank President Mario Draghi said it was "imperative" that Europe 's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once
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Did the Bank of England cry wolf?
London :: United Kingdom | 3 days ago
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Its newly created Financial Policy Committee announced that the big UK banks were short of capital to protect themselves against potential future losses and then quantified that gap as £25bn that needed to be raised by the end of this year. Never
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Business slump leaves France mired in recession -PMI
Mumbai :: India | 3 days ago
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French business activity retreated again in May despite a slight improvement in manufacturing, a survey showed on Thursday, offering little hope of a quick exit from recession in the euro zone's second-biggest economy. Data compiler Markit said its
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Why Ben Bernanke will determine whether you have a good or bad day
Berlin :: Germany | 3 days ago
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EDT Markets await Bernanke Get ready for the double header featuring the Federal Reserve, which will likely determine the state of play in the markets. First up is chairman Ben Bernanke, who testifies this morning to a congressional committee. That
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A Brief Know- How on Sepa Direct Debit
The European Union in a conference to simplify bank transfer process initiated the Single Euro Payments Area (SEPA) plan. As a payment integration program,
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Germans upbeat on spring growth after cold winter
Frankfurt :: Germany | 4 days ago
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Economic activity is expected to improve markedly in the second quarter of 2013," the Frankfurt -based central bank said in its monthly report yesterday. There is likely to be "catch-up effects in response to the weather-related downturn in
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German central bank: Economy to improve 'markedly'
Berlin :: MA :: USA | 5 days ago
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Germany (AP) Germany's central bank says the country's economy will improve markedly'' in the second quarter a development that could boost the struggling eurozone. The Bundesbank says the eurozone's largest economy should expand more robustly after
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