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 13:18 EDT
London shares closed lower on Thursday as traders looked past positive economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
Mar 21, 2013 13:17 EDT
European stock markets slid Thursday as disappointing eurozone data and the Cyprus bailout impasse overshadowed strong Chinese economic performance.
Mar 21, 2013 10:34 EDT
European stock markets slid Thursday as traders looked past strong Chinese economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
Mar 21, 2013 07:23 EDT
Asian markets were mixed Thursday as Chinese data showing manufacturing activity in the world's number two economy picked up in March, while Tokyo was lifted by renewed weakness in the yen.
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
Mar 20, 2013 13:27 EDT
Most European stock markets rebounded on Wednesday following two days of losses caused by Cyprus' bailout drama.
Mar 20, 2013 13:21 EDT
London shares closed lower on Wednesday as the government announced its intention to stick firmly to a barrage of austerity measures while unveiling the budget.
Mar 20, 2013 07:35 EDT
Asian markets were mixed on Wednesday after Cypriot lawmakers comprehensively rejected a plan to tax savings as part of a crucial bailout deal.
Mar 20, 2013 07:13 EDT
Deutsche Bank, Germany's biggest bank, said Wednesday that writedowns and legal costs hit its 2012 earnings harder than expected and it has now been forced to restate last year's profits.
Mar 20, 2013 04:57 EDT
European stock markets opened higher on Wednesday following two days of losses caused by Cyprus' bailout uncertainty, with London's benchmark FTSE 100 index rising 0.23 percent to 6,456.09 points.
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 16:44 EDT
Angry MPs on Tuesday rejected the terms of a bailout aimed at saving Cyprus from bankruptcy, decrying as "blackmail" a deal that had been reached with a troika of lenders that now lies in tatters.
Mar 19, 2013 14:12 EDT
Furious MPs took turns in parliament Tuesday to rail against the harsh terms of a bailout aimed at saving Cyprus from bankruptcy, decrying the eurozone "blackmail" as the deal hammered out at the weekend appeared to be unravelling.
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 13:00 EDT
London shares closed lower as the 10 billion euros Cyprus bailout deal appeared headed for the rocks with MPs for the president's own party saying they wouldn't vote for it.
Mar 19, 2013 12:04 EDT
Cyprus turned to Russia on Tuesday as President Nicos Anastasiades battled to garner support from lawmakers for a controversial eurozone bailout deal that the central bank warned was in danger of collapse.
Mar 19, 2013 10:49 EDT
Europe's main stock markets dipped on Tuesday ahead of a key parliamentary vote in Cyprus on a crucial bailout deal that sent global share prices reeling the previous day.
Mar 19, 2013 09:29 EDT
US banking giant Citigroup said Monday it will pay $730 million to settle a class-action suit by bondholders related to the 2008 financial crisis.
Mar 19, 2013 07:12 EDT
Asian markets mostly rebounded on Tuesday while the yen fell against the dollar and euro as concerns over the eurozone abated on news Cyprus was reworking a controversial savings levy.