Europe's never-ending debt saga has investors girding for volatile, unsteady currency markets for years to come.
Investor hopes for a bigger bailout fund for euro zone debtors gave way to worries about the details Wednesday, sending European shares lower and ending a three-session rally.
The top after-market NYSE gainers on Tuesday are: OMNOVA Solutions, Jabil Circuit, Hewlett-Packard, Synnex Corp and Talisman Energy. The top after-market NYSE losers are: Walgreen, Commercial Metals, Ship Finance International, Ship Finance International and Standard Pacific Corp.
Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets
Despite the worsening European debt crisis, forex services firm Faros Trading recommends investors to go long the battered euro against the surging U.S. dollar.
Wall Street honchos laugh at the Occupy Wall Street protestors from their spots along the balcony of Cipriani Club Residences.
Reaction to the Icahn rumor may reflect the immense amount of investor frustration over a company that has rapidly lost its way.
The brunt of job cuts will likely occur in Europe and The United States.
Gold prices are plunging in September partly because struggling Eurozone sovereign states are dumping [it] in the open market, speculated Michael Pento, president of Pento Portfolio Strategies.
The long-beleaguered search engine company Yahoo! Inc. would probably be better off selling off pieces of itself rather than submit to a takeover in whole, given that the separate segments of the firm probably have more value than the sum of the individual parts. However, any such potential transaction won’t happen overnight.
More U.S. retailers looking for fresh markets are turning to Canada, lured by their northern neighbor's resilient economy, strong currency and the familiarity with their brands.
Who is this Alessio Rastani? The stock trader who told the BBC that Goldman Sachs rules the world and recession is the current cancer.
European government officials and financial institutions are starting to make dramatic steps needed to manage their way through a debt crisis that threatens to drag the world economy into recession.
Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to locals, an official said on Tuesday.
India's commodity exchanges are poised for steady growth over the next few years after annual turnover more than quintupled to $2.5 trillion since futures trading started in 2003, but political hurdles hinder more dramatic development.
World stocks rose for a third straight session on Tuesday, with European shares up 2 percent, as investors took comfort from reports that officials were working to add to measures to calm the euro zone debt crisis.
The top after-market NYSE gainers on Monday are: iSoftStone Holdings, Flotek Industries, Ivanhoe Mines, Chicago Bridge & Iron and Freeport-McMoran Copper & Gold. The top after-market NYSE losers are: CoreSite Realty, Accuride, Carbo Ceramics, RPC and Oil States International.
The top after-market NASDAQ Stock Market gainers are: Horsehead Holding, Diamond Foods, Brigham Exploration, Glu Mobile and Zion Oil & Gas. The top after-market NASDAQ Stock Market losers are: KEYW Holding, Fresh Market, TriMas Corp, Vitesse Semiconductor and AeroVironment.
European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.
The rupee was stronger in early morning trades on Tuesday on the back of positive local shares, higher regional peers and a firm euro.
Asian shares rebounded and the euro clung to gains on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis.
Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.
Stock market trader Alessio Rastani commented on the current economic crisis to the BBC on Monday, saying, Governments don't rule the world but rather Goldman Sachs does and he dreams of another recession.
Gold prices fell below their 100-day moving average ($1,635) and barely stayed above their 200-day moving average ($1,525) as the decline continued on Monday.
Speculators have piled into the U.S. dollar in the wake of September’s global economic and financial turmoil.
Commodities bounced off lows on Monday after one of the biggest sell-offs since the 2008 financial crisis turned into cautious buying on hopes that Europe would prevent its debt crisis from dragging down the global economy.
Stocks were mixed in volatile trading on Monday as Eurozone officials played down reports of plans to slash Greece's debts and recapitalize European banks to cope with the fallout and after a decline in U.S. home sales.
World stocks fell toward the previous week's 14-month low on Monday and the euro hit a 10-year low against the yen as doubts grew over how effective Europe's latest crisis-battling steps would be in containing the continent's sovereign debt problems.
The top after-market NYSE gainers on Friday are: ING Group, Basic Energy Services, American Eagle Outfitters, Noah Holdings Ltd and Jabil Circuit. The top after-market NYSE losers are: Sunrise Senior Living, American Axle & Manufacturing, Moneygram International, Clorox and Korn/Ferry International.
European stock index futures fell on Monday, following a slump in Asian shares, and the euro slid amid skepticism that Europe's latest efforts to contain its sovereign debt crisis can prevent it from wreaking more damage on the world economy.