Tag: Euro
Euro under pressure in Asia on Spain worries
The euro was under pressure in Asia Wednesday as markets fretted over whether debt-ridden Spain would seek a full bailout, while a credit downgrade...
Europe’s flawed banking union
The European Union is now the proud owner of a Nobel Peace Prize. When the choice alighted on Barack Obama three years ago, the...
Euro slips vs. dollar as uncertainty on Spain persists
Expectations that Spain will ask for a bailout had helped the euro rally to a one-month high this week, but uncertainty about when such...
Euro firms in Asia on easing Greece worries
The euro strengthened in Asian trade on Tuesday as sentiment on debt-addled Greece improved, while the dollar got a boost against the yen thanks...
Stocks retreat on earnings concerns, euro steady
Investors failed to be cheered even by data showing Americans were the most upbeat they have been in five years, as well as record...
Merkel confronts Greek anger over austerity
Tens of thousands of Greek protesters massed in Athens on Tuesday in a show of anger against German Chancellor Angela Merkel, who flew in...
IMF slashes global growth forecast
The International Monetary Fund has cut its global growth forecasts for this year and 2013 and called on politicians in the eurozone and the...
Stage three for the euro crisis?
The first two components of the euro crisis – a banking crisis that resulted from excessive leverage in both the public and private sectors,...
Qatar ‘worried about value of dollar, euro’
“What should happen is we should have a full package with a full strategy to solve the problems,” Sheikh Hamad bin Jassim al-Thani, who...
ECB may not supervise all banks: Merkel ally
The European Commission has proposed making the ECB the main supervisor for euro zone banks to prevent problems at lenders struggling with bad debts...
Euro gains vs dollar on Spain optimism
Volume was thin ahead of the weekend, exacerbating volatility, and traders said the euro may struggle to extend gains amid uncertainty over the timing...
Merkel, Hollande hold anniversary talks with euro on agenda
The leaders of France and Germany meet Saturday to mark a seminal 1962 speech by Charles de Gaulle, with the euro crisis and a...
Wall Street ends flat despite Spain hope, S&P off for week
Apple Inc (AAPL.O), the world’s most valuable public company in terms of market capitalization, jumped to an all-time high of $705.07 as customers lined...
Like any other day at the office…
In order to move beyond the crisis in the eurozone and restore confidence in the global recovery, policymakers should implement agreed decisions that will...
Dollar at four-month low against euro in Asia
The dollar fell to a four-month low against the euro in Asia Monday as the Federal Reserve’s open-ended stimulus continued to weigh on the...
Spain pledges reform timetable, paves way for bailout
Spain told euro zone finance ministers on Friday it will set clear deadlines for structural reforms by the end of the month, in a...
German top court clears euro rescue fund, fiscal pact
The eurozone cleared a key hurdle towards resolving its debt crisis Wednesday as Germany's top court approved a new European firewall for ratification, with...
