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Q&A: Currency the latest threat to global economy
The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as ...
ECB's Draghi: Spain is 'on the right track'
Spain has succeeded in stabilizing a banking system that almost collapsed last year and is well-positioned for better economic times going forward, ...
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 ...
ECB member warns against trying to weaken euro
A member of the European Central Bank's governing council has warned that any government attempts to push the euro lower could backfire. Jens Weidmann ...
ECB's Draghi assessing impact of strong euro
European Central Bank President Mario Draghi pledged Thursday to keep a close eye on the recent rise of the euro, which some of the region's leaders ...
Oil prices fall on ECB chief's comments on euro
The price of oil fell below $96 per barrel Thursday after the head of the European Central Bank expressed concern over a recent rise in the euro.
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 ...
Oil prices close to $97 ahead of ECB meeting
The price of oil inched up to near $97 a barrel on Thursday, as markets awaited the outcome of a European Central Bank policy meeting and a report on ...
Ireland dissolves 'bad bank' in midnight debt move
Ireland's red-eyed lawmakers have voted to dissolve one of the country's "bad banks" in an emergency measure designed to pave the way for a new ...
Hollande wants euro nations to drive exchange rate
French President Francois Hollande is calling on eurozone nations to help control the value of their shared currency. The euro has been rising against ...
Germany warns euro crisis not over
Europe's efforts to solve its debt troubles won a vote of confidence Friday from the chairman of China's sovereign wealth fund, but Germany's finance ...
Rare good news for eurozone economy
Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of economic news for the 17 European ...
Economic data shows eurozone steadier, still weak
The euro area's economy is showing modest signs of improvement, as new figures Wednesday indicated more consumer optimism and steadier bank finances.
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 ...
Asia stocks up slightly on strong US earnings
Asian stock markets posted slight gains Monday after strong U.S. earnings pushed Wall Street indexes to multi-year highs, though Japan's Nikkei dipped ...
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 ...
Markets higher on good news from Europe, Japan
Positive economic news from the European Central Bank and Germany, combined with promises of more monetary easing in Japan, helped stock indexes in ...
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 ...
Economist: Euro crisis could erupt again this year
Is the euro crisis over? A leading U.S. economist says not by a long shot. Even as the head of the European Central Bank talked Friday of "positive ...
Draghi: Reforms needed for growth
The President of the European Central Bank admits the renewed calm in the euro area's financial markets has yet to be reflected in the wider European ...
Portugal gets $3 BN in 1st bond sale since rescue
Portugal sold its debt on financial markets Wednesday for the first time since it needed a bailout, collecting €2.5 billion ($3.3 billion) in an ...
Spain cheered by high demand for new 10-year bond
Spanish Economy Minister Luis de Guindos said exceptional demand for a new Spanish 10-year bond Tuesday showed there was renewed confidence in the ...
Growth slows, markets feeling good ahead of Davos
The world's financial and political elite will head this week to the Alps for 2013's gathering of the World Economic Forum in Davos, Switzerland, with ...
Fitch cautiously optimistic over euro debt crisis
The worst of Europe's debt crisis is probably over and the odds are that no country will drop out of the euro. That, at least, is the view that the ...
Can Europe's markets climb through the slump?
The big worry a year ago was that Greece would collapse under its debts, upend Europe's markets and set off a global financial crisis. But the world's ...