EUROPEAN UNION

Asian Stocks Decline As US, China Data Disappoint

Asian Stocks
Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August

European Markets Range-Bound Ahead Of ECB Meeting

Photo illustration shows two euro coin through a magnifying glass near a picture of German share trading DAX index
European markets remained in a tight range Wednesday as investors continued to be nervous ahead of the meeting in which the European Central Bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum
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Boeing, Airbus Battleground Shifts To Asia-Pacific

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
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Merkel Backs Bundesbank Chief's Rejection Of ECB Bond Buying

German Chancellor Angela Merkel voiced support for Bundesbank chief Jens Weidmann on Sunday, saying she welcomed his warnings about the handling of the euro zone debt crisis and saw his influence within the European Central Bank as positive.
Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

European Stocks Rise On Greece Optimism

European markets rose Thursday as investors were hopeful ahead of the meetings between the Greek and other euro zone leaders this week to discuss measures to tackle the economic and financial instability affecting Greece.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak Japan Data

Most of the Asian markets fell Wednesday as investor confidence was weighed down by the report that Japan's trade deficit increased in July, raising more concerns about the faltering global economy.
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Asian Shares Drop, But Euro Holds On ECB Hopes

Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.

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