Markets

Germany to help Spain with credit for growth, jobs
Germany is setting up a loan program for struggling small and medium-sized firms in Spain to boost growth and jobs in the crisis-hit southern European ...
IMF urges Germany to keep spending amid low growth
The International Monetary Fund on Monday halved its growth forecast for Germany as the eurozone recession takes its toll on the bloc's largest ...
UBS France under investigation in tax evasion case
French authorities are formally investigating whether UBS France helped rich clients evade the country's tax authorities, the Paris prosecutor's ...
Oil rebounds to near $93 in European trade
The price of oil rebounded to near $93 a barrel on Monday amid signs of an economic improvement in Europe at the start of what could be a pivotal week ...
Greece's Alpha Bank avoids nationalization
Greece's Alpha Bank says it has raised enough capital to avoid being nationalized, the first Greek bank to meet that target. The country's ...
Draghi defends bond program ahead of court hearing
European Central Bank head Mario Draghi is defending a central bank program that has been credited with calming market turmoil over the continent's ...
Central bank group warns markets 'under a spell'
Investors have ignored poor economic news as stocks have risen, leaving markets now vulnerable to unsettling volatility and potential losses, an ...
China drawn to Mexico's opening economy
China has invested heavily in resource-rich Latin America in recent years, striking major trade deals with governments from Venezuela to Argentina.
Japan $1 billion aid earmarked for northern Africa
Japan on Sunday announced a plan to provide 100 billion yen ($1 billion) in aid over the next five years to northern Africa for economic development ...
Anti-austerity protests: Spain, Germany, Portugal
Anti-austerity protesters on Saturday took to the streets of dozens of European cities, including Madrid, Frankfurt and Lisbon, to express their anger ...
Cyprus banks lose billions in deposits in 2 months
Deposits in Cyprus' beleaguered banks shrank by more than 10 billion euros ($13 billion) since the country agreed with international rescue creditors ...
Andorra proposes income taxes
The leader of Andorra's government says his tiny mountain nation is ready to impose personal income tax for the first time, amid efforts by European ...
Britain warns against planned EU transaction tax
Britain's foreign minister has urged Chancellor Angela Merkel's government during a trip to Germany to abandon its support for a European tax on ...
Stocks hit by euro jobless rise, Fed uncertainty
Uncertainty over how long the U.S. Federal Reserve will continue with its stimulus policies and more grim European jobs news weighed on markets Friday
Asian stock markets mixed after US lukewarm data
Asian stock markets were choppy Friday after lackluster U.S. economic reports raised expectations that the U.S. Federal Reserve would stick to its ...
Slovenia adopts debt cap to stave off crisis
Slovenia's parliament on Friday imposed a cap on public spending in an attempt to convince foreign investors that the small eurozone country will not ...
World stocks lower after big sell-off
World stocks edged lower on Friday, a day after markets around the world dropped sharply on concerns global growth is slowing and the Federal Reserve ...
China, Switzerland to seal free trade deal
Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation — the first comprehensive agreement his country has ...
Top Swiss negotiator in tax disputes steps down
Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday ...
Asia stock markets edge up after big sell-off
Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve ...
Appellate court: Berlusconi ran illegal scheme
Former Italian Premier Silvio Berlusconi on Thursday called "surreal" the judicial reasoning behind an appellate court's decision to uphold his guilty ...
Greeks to see no tax relief until budget improves
Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to ...
Spanish region to seize first house from banks
Spain's southern Andalucia region has begun its first proceedings to seize confiscated houses from banks under a new anti-eviction law aimed at ...
Spain pays higher interest rates in bond auction
Spain has had to pay higher interest rates to auction off 4 billion euros ($5.2 billion) in governments bonds as financial markets were unnerved by ...
Asia stocks down as China factory output slips
Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No.