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Euro

Germany Now Borrowing Money For Free

Investors on Wednesday eagerly snatched up a new two-year German bond with a zero-percent coupon, meaning investors were willing to pay to loan money to Europe's strongest economy when expected inflation is factored in. The yield ended at 0.07 percent.
Obama Ordered Stuxnet Cyber Attack Against Iran, Initiative Code-Named ‘Olympic Games’

Iran Begins Crunch Baghdad Nuclear Talks With World Powers

The talks between representatives of the U.S., Russia, France, Britain, Germany, China and Iran are aimed at diffusing rising tension in the region, with Iran seeking a reprieve from crippling sanctions imposed on its energy and banking sectors.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stock Markets Slump On Euro Zone Concerns

Market sentiment continued to be negative as a report quoting former Greek prime minister Lucas Papademos stated that Greece was considering preparations to leave the euro zone. Greece will hold fresh elections June 17.
Markets

European Stocks Boosted By Positive Outlook: Daily Markets Wrap

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
Europe

OECD Sees Euro Zone Crisis Threatening Global Recovery

The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.
Nikkei Stock Exchange

Asian Stocks Advance Amid China?s Growth Pledge

Asian stock markets advanced for the second day Tuesday as China's commitment to stimulate growth in the world's second largest economy and signs of cooperation between German and French leaders buoyed sentiment.
Nasdaq

Stocks Rally, China Hints At Stimulus: Daily Markets Wrap

The strain in this relationship between Germany and France was apparent Monday as finance ministers from both countries failed to resolve the question whether the euro zone would benefit from issuing joint European bonds. Berlin rejects the idea, stipulating that struggling economies need to clean up their messes before being given a reason not to.

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