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By Rebecca Christie and Mark Deen |
May 28, 2013
The European Union’s proposed financial-transaction tax may not generate any revenue because of the market damage it would cause.
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By Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Austin Kiddle |
April 24, 2013
You have to distinguish between "the gold price," which reflects the paper gold futures prices and has collapsed, and "the price of gold," which represents the physical price of gold and has remained well-supported.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 17, 2013
Global stocks fell amid losses in industrial metals and disappointing earnings from Bank of America Corp. and others. The euro weakened as Germany’s central bank chief Jens Weidmann reportedly said European policy makers may cut rates if needed.
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By Susanne Walker and Neal Armstrong, Bloomberg |
April 17, 2013
Treasuries rose, pushing 10-year note yields to almost a four-month low, as a decline in stocks and commodities fueled demand for the safest assets.
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By Natalie Weeks, Georgios Georgiou and Tom Stoukas, Bloomberg |
March 29, 2013
Cypriot President Nicos Anastasiades vowed to keep his country in the euro as Cypriots adapted to a second day of restrictions on their use of the common currency to prevent a financial collapse.
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By Glenys Sim |
March 12, 2013
Gold traded near the highest level in almost two weeks on prospects for additional stimulus from central banks in Europe and Japan.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 12, 2013
The yen rose for the first time in five days against the dollar as an opposition lawmaker said his party will oppose Bank of Japan Deputy Governor Nominee Kikuo Iwata, who the market sees as endorsing monetary policy easing.
