IBT Staff Reporter

39001-39030 (out of 154943)

Asian Shares Slip, Commodities Down After Fed Action

Asian stocks struggled and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding Operation Twist, but disappointed some investors who had been hoping for more aggressive measures.

Asia Stocks Slip As Euro Zone Fears Focus On Spain

Asian shares slipped on Tuesday as a post-Greek election relief rally quickly ran out of steam, with rising Spanish and Italian bond yields signaling that European leaders still have much to do to contain the euro zone debt crisis.

Britain's Recession Woes Deepen As Exports Slump

Britain's goods trade deficit unexpectedly widened in April as exports plunged, raising the threat of a third quarter of economic contraction and adding urgency to new measures to foster growth as trading partners in the euro zone weaken.

YouTube chief mulls paid subscription

-YouTube is exploring selling subscriptions to access to some of its video offerings, potentially providing a way for certain cable channels to be available outside the traditional bundles offered by cable network providers, said YouTube boss Salar Kamangar.

World economies prepare for panic after Greek polls

Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation's future in the euro zone.

Monti urges political backing in euro crisis

Technocrat Prime Minister Mario Monti appealed to Italy's politicians on Wednesday to back his tough economic medicine to avoid Rome becoming the next victim of the euro debt crisis, after a bailout for Spain's banks failed to calm markets.

Moody's Slashes Spain Debt Rating 3 Notches

Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan to help Spain's banks will increase the country's debt burden.

Asian Markets Give Up Gains On Spanish Debt Fears

Asian markets reversed the previous day's hefty gains on Tuesday as a European bailout for Spain's debt-stricken banks failed to convince investors that the spread of the debt crisis in Europe will be halted.

India Could Be 1st BRIC To Lose Investment Grade: S&P

Standard & Poor's said on Monday that India could become the first of the so-called BRIC economies to lose its investment-grade status, sending the rupee and stocks lower, less than two months after cutting its rating outlook for the country.

Pages