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By Rebecca Christie |
February 13, 2013
The European Union will propose a far-reaching tax on financial transactions that could be collected worldwide by 11 participating nations as soon as Jan. 1 next year.
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By Joseph Ciolli and Lu Wang, Bloomberg |
February 12, 2013
The yen jumped as an official from the Group of Seven nations said the countries are concerned about volatility in Japan’s currency. U.S. stocks advanced as investors dissected earnings reports.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
Group of Seven policy makers roiled the currency markets they sought to calm amid conflicting messages on how much of an economic threat is posed by the weakening yen.
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By Joseph Ciolli, Bloomberg |
February 12, 2013
The yen surged versus the dollar and euro after a Group of Seven official said a statement on exchange rates was misinterpreted and should be viewed as a sign of concern about excess moves in the Asian currency.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
The world’s major industrial nations sought to soothe mounting fears of a currency war with a pledge to avoid devaluing their exchange rates in the pursuit of stronger economic growth.
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By Joseph Ciolli, Bloomberg |
February 11, 2013
The euro rose against the majority of its 16 most-traded peers after European Central Bank council member Jens Weidmann said the currency isn’t seriously overvalued.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By James G. Neuger, Bloomberg |
January 22, 2013
Ireland and Portugal could draw on a European Central Bank bond-buying program to help them become the first countries in the three-year debt crisis to be weaned off official aid.
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By Richard Frost and Eduardo Thomson, Bloomberg |
January 21, 2013
European stocks rose today and U.S. equity index futures advanced while German bonds declined as European finance ministers meet for the first time this year to discuss the debt crisis. The yen rose from a two-year low.
