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By Lu Wang and Tony C. Dreibus, Bloomberg |
April 12, 2013
Metals and energy sank, sending a gauge of commodities to an eight-month low and extending a slump that Citigroup Inc. said may mark the “death bell” for the four-year rally in materials.
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By Mike Cohen and Ilya Arkhipov, Bloomberg |
March 26, 2013
The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund.
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By Alex Kowalski, Bloomberg |
March 25, 2013
American consumers, who kept shopping through rising fuel costs and delayed tax refunds, will probably continue buoying the world’s largest economy as these hurdles dissipate.
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By Rebecca Christie, James G. Neuger and Svenja O’Donnell |
March 24, 2013
Cyprus agreed to the outlines of an international bailout, eliminating the threat of default.
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By Stephen Kirkland, Lu Wang and Sarah Pringle, Bloomberg |
March 21, 2013
U.S. and European stocks slid, the euro weakened and commodities declined after data showed an unexpected contraction in German manufacturing and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Georgios Georgiou and Stefan Riecher, Bloomberg |
March 21, 2013
The European Central Bank said it may cut Cypriot banks off from emergency funds after March 25 as the island nation’s president, Nicos Anastasiades, pursued options at home and in Russia to stave off financial collapse.
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By Liz Capo McCormick and John Detrixhe, Bloomberg |
March 19, 2013
The euro fell to a three-month low against the dollar as Cyprus’s parliament voted down an unprecedented bank-deposit levy, fueling speculation the nation’s bailout will falter.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
March 19, 2013
European Union lawmakers and national governments clinched a provisional deal on legislation to turn the European Central Bank into a supervisor.
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By Cordell Eddings and Susanne Walker, Bloomberg |
March 19, 2013
Treasuries rose for a third day, pushing 10-year note yields close to the lowest level in almost two weeks on concern Cypriot lawmakers may reject a levy on bank deposits required to secure aid, boosting refuge appeal.
