Stock futures pointed to sharp falls for equities on Monday after tumbling in the previous session following the resignation of a top official at the European Central Bank, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 1.6 to 1.9 percent.
European index futures tumbled on Monday, following a slide in Asian equities, and the euro slumped to a 10-year low against the yen after the resignation of a top European Central Bank official cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
Policymakers in advanced economies should use all available tools to boost growth, International Monetary Fund Managing Director Christine Lagarde said on Friday, calling for bold action to weather a dangerous new phase of recovery.
China's central bank chief poured cold water on Thursday on talk that Beijing could make the yuan fully convertible as soon as 2015.
China's central bank chief poured cold water on Thursday on talk that Beijing could make the yuan fully convertible as soon as 2015.
The euro zone's most indebted nations were scrambling on Wednesday to convince investors and the rest of Europe of their commitment to tackle their debt problems, even as the bloc's main paymaster Germany battles increasing opposition to further aid.
Iceland's president accused European countries on Sunday of having bullied it into agreeing to guarantee repayment of the debts of a failed bank, reviving a dispute with Britain and the Netherlands whose citizens are owed billions.
Dominique Strauss-Kahn, his presidential hopes shattered by a sex assault scandal that rocked his homeland, returned on Sunday to France facing a frosty public reception and unease among his political allies.
Former International Monetary Fund (IMF) head Dominique Strauss-Kahn returned to Paris on Sunday after New York prosecutors dropped serious sexual assault charges against him last month. He spent about a week in jail after being pulled from the flight, about six weeks under house arrest and nearly two additional months barred from leaving the U.S.
The former IMF chief Dominique Strauss-Kahn returned back to France on Saturday, after getting his passport back.
Libya's new leadership reaffirmed its commitment to democracy and good governance on Friday as it worked on how to spend billions of dollars released from the frozen assets of fugitive strongman Muammar Gaddafi.
Europe's most indebted nations are under heavy pressure from their richer neighbors to sort out their finances, but they are unlikely to mimic the impoverished gentlefolk of old by selling off the family silver -- or in their case, gold -- to do so.
France's Socialists are distancing themselves from Dominique Strauss-Kahn as the ex-IMF chief, once their best-placed presidential contender but now dogged by sex assault accusations, prepares to return from the United States.
The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
Star Jones lashed out on Twitter regarding the ruling of the Dominique Strauss-Kahn case, which cleared DSK of sexual assault charges against a maid. I don't feel sorry for DSK..he can take his SLEAZY butt back to France...I feel sorry for other women who will be scared to report a rape, Jones tweeted on Wednesday.
A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday, leaving him free to return to Franceand rebuild a shattered career.
A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday after prosecutors lost faith in the credibility of his accuser.
The sexual assault case against Dominique Strauss-Kahn, who hoped to be the next French president, collapsed because what prosecutors believed was strong testimony deteriorated into a fabric of lies.
New York prosecutors asked a judge to dismiss sexual assault charges against former IMF chief Dominique Strauss-Kahn on Monday, a stunning reversal that could revive the political future of a man many had seen as the next president of France.
Sure Libya has one of the richest oil reserves in Africa, but it's got gold, too ... and lots of it.
Prosecutors on Monday appeared set to drop sexual assault charges against former IMF director Dominique Strauss-Kahn, a stunning reversal in the case against a man who many had seen as the next president of France.
Here is a brief rundown of important events around the world Monday morning, August 22, 2011.