-
By Nicholas Comfort, Bloomberg |
March 18, 2013
European banks declined on concern an unprecedented tax on savings in Cyprus will have negative implications for the ratings of the continent’s lenders.
-
By Stephen Kirkland and Jason Clenfield, Bloomberg |
March 18, 2013
The euro weakened to its lowest level this year, while stocks and commodities slumped, as an unprecedented levy on Cyprus’s bank savings threatened to throw Europe back into crisis.
-
By Sarah Pringle and Sarah Jones, Bloomberg |
March 14, 2013
U.S. stock-index futures climbed, indicating the benchmark Standard & Poor’s 500 Index will continue its advance toward a record high, as jobless claims unexpectedly dropped last week.
-
By Inyoung Hwang, Sarah Pringle and Moming Zhou, Bloomberg |
March 4, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average within 40 points of a record, amid optimism the Federal Reserve will continue to provide monetary stimulus.
-
By Neal Armstrong and John Detrixhe, Bloomberg |
February 22, 2013
The euro touched the lowest level against the dollar in more than a month after the European Central Bank said financial institutions will repay less of its three-year loans next week than economists forecast.
-
By Kristine Aquino and Candice Zachariahs, Bloomberg |
February 20, 2013
New Zealand’s central bank governor said he’s ready to intervene in foreign-exchange markets, adding to comments by officials from South Korea to South America warning their currencies are too strong.
-
By Rainer Buergin and Joseph de Weck, Bloomberg |
February 20, 2013
German Chancellor Angela Merkel dismissed attempts to manipulate exchange rates, saying the present value of the euro against the dollar is within the currency’s normal range.
-
By Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
-
By Toru Fujioka, Ian Katz and Raymond Colitt, Bloomberg |
February 15, 2013
Group of 20 finance chiefs are planning to disavow competitive devaluations in a statement to be released after talks end in Moscow tomorrow, according to an official from a G-20 nation.
-
By Rebecca Christie, Bloomberg |
February 14, 2013
The European Union proposed a tax on financial transactions that could be collected worldwide as soon as the start of next year by the 11 nations that have so far signed up to participate.