Investors sold shares and stepped up bids for safe-haven bonds and the U.S. dollar, despite a big earnings jump from JPMorgan which analysts said did not do anything to significantly improve the
A 'crisis tax' proposed by the Obama administration would cut substantially into bank earnings across Europe and could sidetrack the sector's recovery, analysts and industry officials said on Friday. While there is
Persistent worries over the world economy, fuelled by tepid U.S. data and a relatively lacklustre start to the earnings season, kept a lid on equity gains on Friday, boosting safe-haven trades like
U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100
Most Asian stocks gave up early gains on Friday as weak U.S. retail sales and a rise in jobless claims made investors wary about the strength of its economic recovery, offsetting better-than-expected
The National Council, top advisory body to the President on the handling of the Cyprus problem, convenes on Friday morning under President of the Republic Demetris Christofias, to review the latest developments
Investors moved past concerns about weakening demand from China on Thursday, generally upping their exposure to risk in bets on a global upturn that lifted stocks and the Australian dollar. Corporate earnings
Stock index futures edged higher on Thursday as investors awaited results from technology bellwether Intel Corp and a report on December U.S. retail sales, a day after the Dow index rose to
The U.S. unemployment rate, currently at 10 percent, is unlikely to drop below 8 percent before 2012 unless Congress takes further steps to boost the economy in the short term, the non-partisan
European shares rose in afternoon trade on Thursday, supported by gains in banks and drugmakers, after the European Central Bank kept interest rates on hold as expected, while investors awaited earnings from
