Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union's leaders are turning to the divisive issue of tightening economic policy coordination.
France and Germany pledged on Thursday to work together to solve a European debt crisis and support the euro, patching up a public rift that had rattled markets around the world. The
Asian stock markets slid on Friday as worries about the euro zone and the flare-up in market volatility prompted investors to sell shares and keep cash until calm returns. European shares were
Dubai World, the state-owned conglomerate, has reached a deal to restructure $23.5 billion in debt with its core lenders, addressing the most immediate of a string of problems facing investors in Dubai.
Wall Street was set for a sharply lower open on Thursday on growing fears recent share declines triggered by euro-zone turmoil in the handling of the sovereign debt crises could lead to
Stock index futures fell on Thursday as concerns grew that recent share declines caused by euro-zone turmoil in the handling of the sovereign debt crises could lead to a wider correction. The
Global shipments of smartphones may grow 50 percent this year and drive explosive expansion in high-end OLED display sales over the next five years, a Samsung Mobile Display executive said on Thursday.
Stocks pared early gains on Thursday as investors fretted about the extension of a short selling ban to other markets, forcing the euro lower, while European debt steadied following successful auctions. Wall
Banks led European shares in a modest bargain-hunting rally on Thursday morning after the previous session's 3 percent drop, but the rebound was tempered by uncertainty over market regulation and high volatility.
US Stock index futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100
