Concern about the appetite for Eurozone sovereign debt pushed European stocks lower and hit the single currency on Thursday, with the first French bond auction of 2012 set to test how much progress policymakers have made in easing tensions.
Policymakers marked the 10th anniversary Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis.
The Indian economy and the stock markets for the whole of 2011 was bad. One has to forget 2011 and gear up for a challenging new year 2012.
You can’t blame Americans for wanting to drop investing in U.S. stocks like a bad habit as the new year begins. Is the Dow’s recent rise above 12,000 a buy signal or another false rally?
IBM, the No. 2 U.S. computer services provider, inked a 10-year services contract with Spain’s biggest savings bank, La Caixa, valued at 2 billion Euros (US $2.6 billion).
The world entered 2011 with cautious optimism that things would improve over the gloom of 2009 and 2010. However, the past year has proven to be quite turbulent. The global economy was faced with a myriad of challenges including the European debt crisis, while the overall economic performance in the industrialized world left much to be desired.
Military forces are now combing through the capital city of Bissau, seeking all other conspirators.
Christmas is celebrated around the world by millions. Most of the Christmas celebrations are alike and has common idea and message. But the Christmas traditions in some communities and countries vary drastically. These traditions are anything from unusual to bizarre and funny. Here is a glimpse to the most unusual and bizarre Christmas traditions in the world.
Gold extended its record bull run in 2011 for an 11th year as confidence in the world's financial leaders and their stewardship of fiat currencies plummeted.
U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.
Fears over the safety of silicone breast implants made by a now defunct French firm spread to Australia, South America and across Europe on Thursday as French officials prepared to decide if thousands of women should have their implants surgically removed.
The fact is everyone in the financial services or wealth management business has thought about what they feel the markets will do next year. Following are the 10 market predictions for 2012 from Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund.
Israel has categorically rejected criticism by European members of the UN Security Council of its settlement activities in West Bank and East Jerusalem and growing attacks by extremist settlers on Palestinians.
The outlook for Europe looks gloomy especially after the European Central Bank (ECB) warning that risks to euro area financial stability increased considerably in the second half of 2011, as the sovereign risk crisis and its interplay with the banking sector worsened in an environment of weakening macroeconomic growth prospects.
The Cape Verdean singer Cesaria Evora, known as the barefoot diva, has died at age 70, according to reports over the weekend.
Ronaldo scored a hat trick.
Despite unprecedented quantitative easing by the Fed, and $1 trillion-level U.S. budget deficits, the dollar continues to hold its own against a basket of the world's other, major currencies.
Greece, one of the worst hit countries in the Eurozone crisis, may begin official negotiations to exit the Eurozone in 2012, according to Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund.
Economic growth across the world will slow in 2012 due to the problematic combination of private-sector deleveraging, public-sector austerity and the lack of confidence in political leaders' ability to navigate these situations according to IHS, a leading macro-economic consultancy.
The bulk of the job cuts (1750) will impact the investment banking unit, Cacib.
Almost a quarter of the European Union's 500 million people have never used the Internet and there is a widening division between the web-savvy north of Europe and the poorer south and east, figures released on Wednesday showed.
The amount of gold held in exchange-traded products is near record highs and although the gold price is suffering from investors' desire for the safety of cash, the risk of this $116 billion stash of bullion being jettisoned is distant.
