Markets

Japan's Nikkei soars on 1st trade day of the year
Japan's benchmark stock index soared on its first trading day of the new year Friday, as investors reacted to a weakening yen and Washington's ...
Swiss bank to pay $57.8M in US tax evasion plea
Switzerland's oldest bank became the first foreign bank to plead guilty in the United States to tax charges when it admitted Thursday that it helped ...
Macedonian MPs to lose pay over Parliament boycott
Macedonia is cutting the salaries of opposition lawmakers who have boycotted parliamentary sessions for a week following a stormy state budget debate.
Asian stocks rise on momentum from US budget deal
Asian stock markets rose again Thursday on a second day of momentum from Washington's agreement preventing the U.S. from going off the so-called ...
Oil price jumps as US averts 'fiscal cliff'
The price of oil jumped Wednesday on the first trading day of the new year, after a deal in Washington averted the dreaded "fiscal cliff." The House ...
Cyprus president: no privatization in bailout deal
Cyprus' president said Wednesday he would refuse any request by international lenders to sell off state-owned companies as part of a finalized ...
Portugal's highest court to asses state budget
Bailed-out Portugal's president has asked the country's Constitutional Court to check whether new austerity measures included in this year's state ...
Markets calm despite looming fiscal cliff
Markets appeared Monday to take in stride the ongoing failure of U.S. politicians to agree to a budget deal in time to avoid automatic tax increases ...
Oil steady as 'fiscal cliff' deadline approaches
Oil prices were little changed Monday as a U.S. budget deadline neared with rival politicians still at odd over key issues. Benchmark oil for February ...
Macedonian protesters demand budget cuts
Several thousand supporters of the leftist opposition, led by Social Democrat leader and former Macedonian President Branko Crvenkovski, have staged ...
Stocks lower ahead of US 'fiscal cliff' talks
European and U.S. shares traded lower on Friday on waning hopes that U.S. President Barack Obama and key lawmakers would manage to reach an 11th-hour ...
Oil rises slightly ahead of US fiscal-cliff talks
The price of crude edged up toward $91 a barrel on Friday, ahead of another effort in Washington to strike a budget deal before the year-end deadline.
Asian stocks up ahead of US 'fiscal cliff' talks
Asian stock markets rose Friday, hours before President Barack Obama and key lawmakers were to meet at the White House to try to hammer out an ...
Macedonia approves budget amid violence
Macedonia's parliament approved the 2013 budget late Monday, amid clashes outside the building between rival groups of protesters that left 11 police ...
Markets steady amid Xmas exodus, US budget doubts
Financial markets were largely steady in holiday-thinned trading Monday though concerns remain over the progress of U.S. budget discussions and the ...
Monti resigns as Italy heads to elections
Mario Monti handed in his resignation to Italy's president in Rome on Friday, bringing to a close his "difficult but fascinating" 13-month technical ...
Oil drops as US 'fiscal cliff' approaches
Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the budget before a ...
US budget negotiations setback drives stocks down
A failed attempt find a compromise in U.S. budget negotiations sent global stock markets plummeting Friday, as investors feared the world's largest ...
Putin: Russia no defender of Syrian president
Russian President Vladimir Putin met Tuesday with European leaders in Brussels to discuss energy, Syria and human rights, but reached no agreements ...
German budget deficit another $4 billion lower
Germany's finance ministry says this year's budget deficit is forecast to shrink further to €25 billion ($33 billion) amid steadily high tax revenues.
BAE signs $4.1 billion aircraft deal with Oman
British Prime Minister David Cameron hinted that more U.K. troops could be stationed in the Gulf as he welcomed news Friday that BAE Systems has won ...
UK banking review urges 'electrified' ring-fence
The U.K. government needs to get tougher in its proposals to reform the banking industry by splitting high-street activities from riskier investment ...
Obama vows to press ahead on fiscal cliff solution
President Barack Obama says he'll press ahead with Congress to prevent across-the-board tax increases set to strike taxpayers Jan. 1 after Republican ...
Asia stocks fall as US budget negotiations stall
Heightened uncertainty about the outcome of budget negotiations in Washington among President Barack Obama, House Speaker John Boehner and other ...
For the New York Stock Exchange, a sell order
The Big Board just isn't so big anymore. In a deal that highlights the dwindling stature of what was once a centerpiece of capitalism, the New York ...