European markets fell Wednesday as investor sentiment turned negative with concerns over the mounting debt pressure faced by the euro zone as Spain has not yet sought help to reduce its borrowing costs.
European markets fell Tuesday as investor sentiment turned negative with concerns of the mounting debt pressure faced by the euro zone as Spain has not yet sought help to reduce its increasing borrowing costs.
European markets rose Monday as investor sentiment turned positive with expectations that Spain would soon seek help to reduce its increasing debt burden.
Asian stock markets mostly advanced Friday as investors welcomed Spain's new budget plan, which includes more spending cuts and tax increases.
European markets rose Friday as investors were hopeful that France would follow Spain to announce budget cuts to reduce deficit and help control the debt pressure faced by the euro zone.
European markets were rose Thursday as investor sentiment turned positive with expectations that Spain will soon seek help to reduce its increasing debt burden.
Most of the Asian markets fell Monday as investor confidence was weighed down by the revival of concerns over the debt crisis affecting the euro zone and the economic slowdown faced by China.
Most of the Asian markets fell in the week as investor confidence was weighed down by the intensifying tensions between China and Japan, raising concerns of economic slowdown and undermining the stimulus measures announced by the Bank of Japan.
The German DAX 30 index advanced 0.40 percent or 29.68 points to 7419.17. Shares of Commerzbank AG rose 0.84 percent and shares of Volkswagen AG climbed 0.70 percent.
Asian markets fell Thursday as investor confidence was weighed down by the report that Japan's trade deficit increased in August, raising more concerns about the faltering global economy.
Electronic Arts Inc. (Nasdaq: EA) announced plans today to expand its global customer service center in Galway, Ireland, by hiring 300 more employees in the coming months. The expansion that almost doubles the size of its European customer support center will be done with the support of the Irish government, which was competing with other major cities in Britain, Europe, and the United State to woo the company's customer service headquarters away from Galway.
Mamata Banerjee, the chief minister of the state of West Bengal, declared that her party, the All India Trinamool Congress ? currently the second largest segment of the ruling United Progressive Alliance (UPA) coalition ? could no longer cooperate with the UPA.
Square, the new rising star of Silicon Valley founded and lead by Twitter co-founder Jack Dorsey, closed a $200 million fundraising round on Monday that now places the start-up's value at $3.25 billion. The privately-held San Francisco based company hopes to establish itself as the go-to mobile wallet in a growing industry of digital payment systems that all seek to turn smartphones into people's primary means of transaction.
Popular art often mirrors common ideas about current economic affairs and reflects the conventional wisdom guiding public opinion. This is particularly true of film.
Pakistan's Supreme Court finally got its way late Tuesday in a long-simmering row regarding President Asif Ali "Mr. 10 Percent" Zardari's unwillingness to respond to a Swiss inquiry into his alleged corruption dating back to his days as a high-ranking official under his wife Benazir Bhutto's second administration.
Tax cuts for the rich don't seem to be associated with U.S. economic growth and instead are linked to a different outcome: greater income inequality in the U.S. These findings will likely fuel the already bitter political fight over extending the Bush tax cuts for upper-income groups.
Occupy Wall Street returned to the Zuccotti Park in a Monday celebration of the movement's one-year anniversary. And while the occasion was replete with the drums, banners and heated political discussions that pervaded Zuccotti a year ago, it seemed unlikely that another occupation was imminent.
The U.S. Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter.
While market sentiment for China's growth outlook has been overwhelmingly negative, Nomura's Chief China Economist Zhiwei Zhang remains very bullish.
In the wake of the rising tensions with Japan over a disputed set of islands in the East China Sea, China has threatened to retaliate with economic measures that would negatively impact the Sino-Japanese trade.
The Reserve Bank of India (RBI) left interest rates unchanged but cut the cash reserve ratio for banks on Monday, disappointing market hopes that it would follow up the government's unexpected spate of bold reform measures by reducing borrowing costs.
In a surprise move, the Reserve Bank of India Monday cut the cash reserve ratio by 25 basis points while keeping the other key rates unchanged in its Mid-Quarter Monetary Policy Review 2012.
