ECONOMY & MARKETS

Ghana's Cocobod says carriers' strike over

Ghana's cocoa regulator Cocobod said port carriers had called off a week-long strike over pay and conditions and that exports from the world's second biggest grower could resume shortly.
Canada's banks may still be best TSX bet for 2012

TSX falls as euro zone fears hit gold price

Toronto's main stock index was lower on Thursday morning, but well off its 1 percent fall shortly after the open, as gold-mining shares fell along with bullion prices after weak European bond sales sparked fears of a worsening euro-zone debt crisis.
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Traders work on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Pause After Selloff

Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
A man gets a shoeshine next to a kiosk displaying a Spanish flag with a bull on it in downtown Madrid

Spanish, French Bond Costs Climb, Raising Contagion Fear

Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is already lapping at Italy's shores.
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Stocks Down, Bunds up as Spanish Debt Costs Jump

World stocks hit a one-week low on Thursday and Bunds rose as Spain paid more than at any time since 1997 to sell ten-year debt, sparking fears it may join other euro zone peripheral states in being unable to finance itself.
Airbus Reports of New Plane Order Suspensions Coming from China

Airbus Secures $20.5 Billion Deal at 2011 Dubai Air Show

France-based Airbus AS has secured a total of 211 orders at the 12th Dubai Airshow worth $20.5 billion. The order involves 135 firm orders worth $13.7 billion (130 A320neo and five A380s) and 76 memorandum of understanding (MoU) worth $6.8 billion.
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Asian Shares Flat amid Europe Fears

Asian shares wobbled Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with Germany and France split over the European Central Bank's bond buying role.
Oil Prices

Oil Pushes Through $100 Level…Again

Several factors are at work in oil's latest push back above the psychologically-significant $100 per barrel level -- a price that U.S. motorists wince at.
A customer fuels her car with unleaded petrol at a Morrisons supermarket in Coalville, central England,

Cameroon hikes 2011 oil output forecast

Cameroon's state oil company has increased its 2011 oil production forecast to 65,000 barrels per day from 55,000 bpd, an official told Reuters late on Tuesday.
South African rands

S.Africa rand steadies, yields down as bonds edge up

South Africa's rand reversed its earlier losses against the dollar on Wednesday and government bond yields pulled back from the previous day's multi-week highs as local assets took a breather from a hammering brought on by global risk aversion.
TSX flat as weak golds outweigh stronger banks

TSX may open lower as Europe rattles markets

Canadian stocks looked set to open lower on Wednesday along with commodities on investor fear of contagion from the weakest debt-ridden euro zone economies such as Greece into bigger ones such as Italy, Spain and even France.
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Canada private equity deals tumble in Q3

Canadian private equity deals tumbled in the third quarter from the year-ago period, but were still far above crisis levels of just two years ago, according to an industry report on Wednesday.
Flaherty: Bond volatility to continue without firewalls

Flaherty: Bond volatility to continue without firewalls

Volatility in government bond markets is likely to continue unless European countries take steps to shield their financial systems, Canada's finance minister said as he expressed frustration with Europe's two-year old debt crisis.
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European Markets Stabilize after ECB Steps in

Pressure eased on Europe's government debt market Wednesday, with Italian borrowing costs back below the 7 percent level viewed as unsustainable after the European Central Bank was seen buying up bonds.
A trader works on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Early Gains

Stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.4 percent at 1007 GMT.
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China FDI Remains Strong, but Export Outlook Darkens

Foreign direct investment into China climbed nearly 16 percent in the first 10 months of 2011 from a year earlier as foreign investors continued to flock to the world's fastest-growing major economy despite the global economic malaise.

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