Clik here to view.
European leaders meet on whether to rescue Greece or cut it loose
The leaders of the 19 nations that use the euro debated Sunday whether to rescue Greece from the brink of financial ruin or cut the country loose from the currency bloc and let it fend for itself. The...
View ArticleEven in defeat, Greece sends powerful message to Europe
The deal agreed to Monday between Greece and its creditors was hard fought, and even if Athens did not come out on top, the lengthy negotiations call to mind another Greek battle: the Battle of...
View ArticleClik here to view.
World markets stage mixed comeback
Battered world financial markets attempted to reclaim lost territory Wednesday with mixed success. In Asia, Tokyo’s benchmark Nikkei 225 index gained 570.13 points, or 3.20%, closing at 18,376.83. The...
View ArticleClik here to view.
China issues blueprint for state industry overhaul
China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the party’s dominance in the economy. The plan comes at a time when the...
View ArticleClik here to view.
Terror and markets: Sell-offs tend to be short-lived
The deadly terror attacks in Paris are likely to strike financial markets, too, when trading resumes Monday. But the initial losses expected in risk assets like stocks and the shift into safer holdings...
View ArticleClik here to view.
Chinese stocks fall 5.5%, other Asian markets down
China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation for possible misconduct. The Shanghai composite index closed 5.5% lower at...
View ArticleClik here to view.
Japan sidesteps recession, revised growth at 1%
Japan sidestepped recession last quarter: Revised data released Tuesday showed its economy grew at an annual 1.0 percent pace instead of shrinking. A previous estimate had shown the world’s...
View ArticleClik here to view.
China angst shows markets as fragile as fine china
On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in the new year, as a nearly 7% stock plunge in Shanghai revived bad memories of last summer’s China-inspired...
View ArticleClik here to view.
Oilprice.com: Saudi-Iran dispute won’t boost oil
Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world. Oil markets remain oversupplied and depressed, but geopolitical...
View ArticleClik here to view.
China launches probe of Microsoft’s data practices, alleging “major problems”
The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for...
View ArticleClik here to view.
China woes continue as benchmark plunges 5%
Chinese stocks started the week with heavy losses, diving more than 5% Monday as other global markets also fell. U.S. stock futures were marginally higher. The Shanghai composite index plunged 5.3% to...
View ArticleClik here to view.
EU orders 35 companies to pay $765M in taxes
Thirty-five large companies have been ordered to fork over $765 million in tax breaks that European Union regulators have ruled were illegally provided by Belgium. The European Commission, the EU’s top...
View ArticleClik here to view.
Chinese economic growth in 2015 was weakest in 25 years
China’s economy grew at its slowest rate in 25 years last year, according to official statistics released today. The Communist-led country saw its economy expand 6.9% overall in 2015 and 6.8% the last...
View ArticleClik here to view.
Chinese stocks dive more than 6% as oil falls
China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to 2749.79 — its...
View ArticleClik here to view.
Europe racks up billions in deals with Iran now that sanctions are lifted
Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on the Islamic...
View ArticleClik here to view.
Global markets rally as Japanese stocks surge 7% on extra stimulus hopes
European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from Tokyo. Japan’s Nikkei 225 index rebounded from a 5% dive last week to...
View ArticleClik here to view.
Chinese stocks plunge more than 6%
China’s Shanghai composite index plunged more than 6% Thursday — its biggest one-day drop in a month — amid ongoing fears about the health of the world’s second largest economy. The benchmark dived...
View ArticleClik here to view.
Hopes of business-friendly reforms in India fade
Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in May 2014 on the...
View ArticleChina takes control of global silver prices
China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s most important...
View Article
