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Financial markets

  • Oil slips to near $88 on US manufacturing worries

    The price of oil fell to near $88 a barrel on Wednesday amid worries over the U.S. economy, largely because a budget deal has yet to be agreed between ... 

  • Bomb hits far right party's office outside Athens

    A bomb exploded outside the local office of an extreme right-wing party in an industrial town west of Athens early Tuesday, causing significant damage ... 

  • Asia stocks down on US manufacturing report

    A weaker-than-expected U.S. manufacturing report sent Asian stock markets down Tuesday. U.S. manufacturing shrank in November to its weakest level ... 

  • Obama hails 20-year effort to secure nukes

    Hailing two decades of efforts to help the former Soviet Union secure nuclear weapons stockpiles, President Barack Obama said Monday that the world ... 

  • Dallas museum returns stolen mosaic to Turkey

    The Dallas Museum of Art has returned an ancient mosaic to Turkish officials after discovering it was stolen. The mosaic was returned to Turkish ... 

  • Spain tax amnesty brings in less than hoped for

    Spain's finance Minister says a tax amnesty aimed at raising money for the recession-hit country only raised about half of what is was supposed to. 

  • Yohan Cabaye denies signing anti-Israel petition

    France midfielder Yohan Cabaye says he did not sign a footballers' petition protesting against UEFA's choice of Israel as 2013 European Under-21 ... 

  • Germany set to achieve balanced budget this year

    Germany will achieve a balanced budget across all layers of government this year thanks to a resilient economy, low unemployment, higher tax revenues ... 

  • Greece launches $13 billion bond buyback plan

    Greece revealed Monday plans to spend up to €10 billion ($13 billion) in a bond buyback program that it hopes will help stabilize its mountainous debt 

  • Oil edges over $89 as China manufacturing improves

    The price of oil edged up above $89 a barrel Monday as investors were encouraged by signs that China's economy may be picking up after a prolonged ... 

  • Britain to clamp down on corporate tax avoidance

    The British government said Monday it would spend more money catching tax avoiders, after a lawmakers' committee accused major multinational companies ... 

  • Miguel Gospodneich

    AP IMPACT: China overtaking US as global trader

    Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. 

  • Greece, Cyprus center stage in eurozone meeting

    Details of a plan for Greece to reduce its heavy debt by buying some of it back at bargain prices will be presented Monday to finance ministers from ... 

  • Asia stocks rise on improved China manufacturing

    Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing. HSBC's Purchasing Managers' Index rose to 50.5 in November ... 

  • Danilo Turk

    Exit poll: Ex-PM Pahor wins Slovenia presidency

    Former Slovenia Prime Minister Borut Pahor won the presidential election Sunday, calling for unity in the tiny EU nation where discontent has been ... 

  • Spain's disabled protest austerity cuts

    Disabled people took to the streets of Madrid on Sunday in the latest protest against broad austerity measures, angry over government cutbacks ... 

  • Merkel does not rule out Greek haircut after 2014

    Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel ... 

  • UK finance boss: Debt-cutting slower than expected

    Britain's Treasury chief acknowledged Sunday the economy is taking longer than expected to recover from the financial crisis, but insisted he will not ... 

  • Greek PM: No buyback of pension bond holdings

    Greek prime minister says pension funds won't be part of the country's bond buyback scheme, designed to shave nearly €30 billion ($39 billion) off the ... 

  • Cyprus rushes adoption of austerity measures

    Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec. 

  • Health officials: Athens has spiraling HIV crisis

    Athens is seeing an alarming increase in new HIV infections, particularly among intravenous drug users, health officials warned Friday, as Greece ... 

  • Stock gains limited by US fiscal cliff uncertainty

    Uncertainty over whether U.S. leaders can resolve a critical budget deadlock and figures showing the unemployment rate across the 17-country eurozone ... 

  • Oil slips below $88 on stall in US budget talks

    The price of oil fluctuated near $88 a barrel on Friday amid uncertainty about progress in U.S. budget talks meant to avoid automatic tax increases ... 

  • German Parliament approves Greek debt deal

    German lawmakers overwhelmingly backed a deal aimed at trimming Greece's debt load and keeping the country financially afloat but the country's ... 

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