Mar 21, 2013 16:54 EDT
US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.
Mar 21, 2013 16:24 EDT
Ratings firm Standard & Poor's cut troubled Cyprus' sovereign credit rating by one notch on Thursday citing "acute problems" in Cyprus's banking sector.
Mar 21, 2013 12:23 EDT
Spain's borrowing costs dipped in a bond auction Thursday, easing concerns that a feared banking meltdown in Cyprus could scare investors away from other troubled eurozone states.
Mar 21, 2013 12:15 EDT
Credit ratings agency Moody's said on Thursday it has downgraded Egypt's government bond ratings by one notch to Caa1 from B3, saying political instability had "significantly weakened" the economy.
Mar 19, 2013 16:55 EDT
US stocks closed mixed Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system.
Mar 19, 2013 13:19 EDT
Europe's main stock markets suffered further losses and the euro slid on Tuesday as Cyprus' international bailout appeared close to unravelling.
Mar 19, 2013 11:19 EDT
A top US debt restructuring expert has recommended that Cyprus convert large bank deposits into term deposits to stem the crisis and avert a run on the country's banks when they reopen.
Mar 18, 2013 18:13 EDT
US stocks fell for a second straight day Monday as the Cyprus banking crisis sent jitters through markets.
Mar 17, 2013 16:10 EDT
Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).
Mar 15, 2013 10:02 EDT
Spain's public debt hit a new record of 84.1 percent of gross domestic product (GDP) at the end of 2012, owing to increases both at the federal level and that of the country's 17 autonomous regions, official data released on Friday showed.
Mar 14, 2013 16:50 EDT
The S&P 500 flirted with an all-time high Thursday as equity markets continued their upward march in the wake of strong labor data and bullish market sentiment.
Mar 14, 2013 13:21 EDT
Europe's main stock markets closed higher on Thursday on upbeat news that Ireland could become the first eurozone nation to emerge from its bailout programme and a decline of US jobless claims for a third straight week, dealers said.
Mar 14, 2013 13:16 EDT
London shares closed higher on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme and US jobless claims declined for a third straight week, dealers said.
Mar 14, 2013 11:59 EDT
Europe's main stock markets rose on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme and US jobless claims declined for a third straight week, dealers said.
Mar 14, 2013 09:16 EDT
Europe's main stock markets rose on Thursday as investors took heart from news that Ireland could become the first eurozone nation to emerge from its bailout programme, dealers said.
Mar 14, 2013 06:58 EDT
After nine months of stop-start negotiations, cash-strapped Cyprus is on the verge of securing an EU bailout but analysts say it will come at a hefty price.
Mar 13, 2013 16:54 EDT
The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains.
Mar 13, 2013 15:14 EDT
Ireland on Wednesday returned to the 10-year bond market for the first time since it benefited from an international bailout in 2010, raising almost double the amount predicted by analysts.
Mar 12, 2013 16:50 EDT
US stocks closed mostly lower Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings.
Mar 12, 2013 10:52 EDT
US stocks were mostly higher in early trade Tuesday, with the Dow and the S&P 500 extending seven days of gains, while the Nasdaq sank under pressure from tech heavyweight Apple.