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A collection of news and information related to European Debt Crisis published by this site and its partners.
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Dollar, euro slump versus yen on stock losses, China data
ReutersNEW YORK (Reuters) - The dollar was on track for its biggest daily drop in more than five weeks against the yen on Thursday after a sharp slide in Japanese stocks and weak Chinese factory activity data prompted a rush for the safe-haven Japanese currency....Tags: Rentals, Casino and Gambling Industry, Gold and Precious Material, United Kingdom, Real Estate Sellers
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IMF chief Lagarde appears in court in French fraud investigation over arbitration deal
Associated PressPARIS (AP) — International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's finance...Tags: Dominique Strauss-Kahn, Christine Lagarde, National Government, Paris (France), Nicolas Sarkozy
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Euro zone consumer confidence inches up in May
ReutersBRUSSELS (Reuters) - Consumer morale in the euro zone edged up broadly in line with expectations in May, showing its sixth monthly improvement in a row, European Commission data showed, though the indicator remained well below the currency area's long-...Tags: Consumer Confidence, Consumers, Economic Indicator, European Union
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U.S. economy to gather pace next year-NY Fed economists
ReutersWASHINGTON, May 23 (Reuters) - U.S. economic growth should rise to 3.25 percent next year as the drag from tight fiscal policy in Washington fades, New York Federal Reserve staff economists said in a report on Thursday. That will help bring down the...Tags: Finance, Labor Markets, Federal Reserve, Employment, Career and Workplace
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China factory activity shrinks for first time in seven months: flash PMI
ReutersBEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be...Tags: Manufacturing and Engineering, Productivity, Financial Markets, Petroleum Industry, Japan
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Productivity, Mortgages, Labor Day, Unemployment Benefits, Inflation and Deflation
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WRAPUP 5-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Financial Markets, Mortgages, Ben Bernanke, S&P 500, Economy
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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Productivity, Financial Markets, Mortgages, Labor Day, Inflation and Deflation
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China May HSBC flash PMI slips to 7-month low on weak demand
ReutersBEIJING, May 23 (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is...Tags: Labor Markets, China, HSBC Holdings plc
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ECB FOCUS-Target2 charts progress since Draghi's save the euro pledge
ReutersBy Sakari Suoninen FRANKFURT, May 22 (Reuters) - Almost a year after ECB President Mario Draghi vowed to do whatever it takes to save the euro, a key indicator of euro zone tension is much diminished and economic recovery will likely bring further...Tags: Mario Draghi, Financial Markets, Market and Exchange, European Central Bank, Italy
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Credit rating firms sow doubt on euro zone bond rally
Reuters* Ratings agencies warn euro zone ratings still at risk * Favourable market conditions may be temporary-Moody's * S&P warns cheap cash creates complacency risks By Marius Zaharia LONDON, May 22 (Reuters) - Credit rating firms say they could further...Tags: Government Debt, JPMorgan Chase & Co., ING Group, Portugal, European Central Bank
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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