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By Joseph Ciolli and David Goodman, Bloomberg |
September 13, 2012
The dollar fell to the weakest in seven months versus the yen amid speculation the Federal Reserve will announce bond buying to bolster the economy in a program of quantitative easing that tends to debase the currency.
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By Rita Nazareth, Bloomberg |
May 15, 2012
U.S. stock futures fell, after the Standard & Poor’s 500 Index slumped to a three-month low, as Greek Pasok party leader Evangelos Venizelos said new elections will be held after attempts to form a government failed.
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By Catarina Saraiva, Bloomberg |
May 11, 2012
The euro weakened for a second week, touching a three-month low versus the dollar, as concern builds that Greece may be forced to withdraw from the currency union with the nation’s politicians unable to form a government.
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By Stephen Kirkland and Glenys Sim, Bloomberg |
May 11, 2012
Stocks and commodities fell, extending weekly declines, after JPMorgan Chase & Co. reported a $2 billion trading loss and China’s industrial output unexpectedly slowed.
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By Austin Kiddle |
May 11, 2012
Gold futures are now up only 1.8% for 2012, having sold off about 11% from its peak in February. Dollar index has climbed in 10 consecutive days as of Friday Asia morning.
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By Catarina Saraiva and Lukanyo Mnyanda, Bloomberg News |
May 10, 2012
The euro rose from a three-month low as Europe’s bailout fund confirmed that aid to Greece had been received and officials reported progress forming a government, easing concern the nation will leave the monetary union.
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By Rita Nazareth, Bloomberg |
May 10, 2012
U.S. stock futures rose, after the Standard & Poor’s 500 Index fell to a two-month low, as former Greece Finance Minister Evangelos Venizelos attempted to form a government that will ensure the nation remains in the euro area.
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By Maria Petrakis and Natalie Weeks, Bloomberg |
May 7, 2012
New Democracy leader Antonis Samaras began trying to put together a government after a Greek election that raised fresh questions about the country’s euro membership and triggered the biggest stock-market rout in four years.
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By Rebecca Christie and Marcus Bensasson, Bloomberg |
March 12, 2012
Euro-area finance ministers signed off on a second Greek bailout, clearing the way for the first payment from the $170 billion package to be made this month.
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By Maria Petrakis and Rebecca Christie, Bloomberg |
March 9, 2012
Greece pushed through the biggest sovereign restructuring in history after cajoling private investors to forgive more than €100 billion ($132 billion) of debt.
