G7 seeks to defuse currency war fears
The Group of Seven leading industrial nations, which includes the U.S., Japan and Germany, warned Tuesday that volatile movements in exchange rates ...
Official: EU not working on private Cyprus haircut
For a second day in a row, the European Union's top financial official sought Tuesday to quash speculation that private bank depositors in Cyprus ...
Japan's Nikkei jumps on weaker yen
Tokyo's Nikkei 225 led Asian stocks higher Tuesday as the yen weakened after a possible candidate for Bank of Japan governor voiced support for easier ...
Euro chief won't rule out private Cyprus losses
The new head of the euro area's finance ministers refused Monday to rule out forcing private depositors in Cypriot banks take losses as part of a ...
Greece: Cuts keep budget on target, spur protests
Greece's farmers launched a campaign of daily anti-austerity highway blockades Monday, as the conservative-led government insisted deep spending cuts ...
Irish unions lead marches to protest austerity
Trade unionists marched in Ireland's capital Saturday to protest the continuing high cost of the country's crippling bank bailout program. The Irish ...
Corruption scandal new worry for hard-hit Spain
It's not as though Spain doesn't have enough to worry about— two years of recession, harsh austerity programs, sky-high unemployment and an unstable ...
Ireland seals ECB deal to slash bank bailout costs
Ireland clinched a long-sought agreement Thursday with the European Central Bank to restructure the loans used to bail out its failing banks, a deal ...
Future Bank of England boss open to policy review
Mark Carney, the Canadian who will become the Bank of England's governor this summer, said Thursday he is open to a review of Britain's monetary ...
Text of statement by ECB President Mario Draghi
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
UK declares new powers to break up banks
Britain's treasury chief warned the country's banks on Monday that they face being broken up if they fail to protect their retail operations from ...
Report: US job market looks surprisingly strong
The U.S. job market is proving surprisingly strong and raising hopes that the economy will be resilient enough this year to withstand a budget ...
Dutch state nationalizes SNS Reaal bank
The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any ...
Greek doctors, public transport workers on strike
Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ...
Protesters break into gov't building in Athens
Protesters forced their way into a government building in Greece's latest anti-austerity protests Wednesday, reaching just outside a minister's office ...
Cyprus president: Russia ready to help in bailout
Cyprus' president said Wednesday that Russia is ready to join the European Union in putting together a rescue package for the crisis-hit country.
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...
India cuts key interest rate by quarter point
India's central bank cut its key interest rate by a quarter percentage point to 7.75 percent Tuesday, aiming to boost flagging growth in Asia's ...
EU demands 'legal certainty' of Latin investments
A 60-nation summit wrapped up in Chile on Sunday with European leaders pleading for "legal certainty" and lower trade barriers between economies that ...
Venezuela prompted EU to change summit declaration
Oil-rich Venezuela scored a victory Saturday when it persuaded European delegates at a 60-nation summit to back down on a key point in the gathering's ...
Indonesia readies for $1 trillion trade talks
Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on ...
Davos summit ends with warnings on global economy
The crisis mood is gone, but that doesn't mean you can slip back into your old ways — that's the message from top international finance officials ...
Banking official: Watch those asset prices
A top international finance official is warning banks to be cautious about the prices of investments that have gone up sharply because of current low ...
ECB: banks to repay early $183 billion in loans
The first banks stepped forward Friday to make €137.2 billion ($183 billion) in early repayments on the European Central Bank's cheap, three-year ...
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