Posted by Reuters: Business News on February 4, 2012
BUDAPEST (Reuters) – Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister’s office, Mihaly Varga, was quoted on Saturday as saying.
Posted by Reuters: Business News on February 3, 2012
LONDON (Reuters) – A dip in figures on China’s non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world’s top economy.
Posted by Reuters: Business News on January 31, 2012
TOKYO (Reuters) – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains.
Posted by Reuters: Business News on January 30, 2012
TOKYO (Reuters) – Asian stocks and the euro slipped on Monday as investors took profits from a recent share rally and adopted a cautious stance to await the outcome of talks on a Greek debt swap deal that is key to avoiding a messy default and yet another European summit.
Posted by Reuters: Business News on January 19, 2012
TOKYO (Reuters) – Japanese authorities, while reluctant to act now, may consider engaging in a rare intervention to stem yen rises against the euro if the moves appear to be driven by speculators and sharp enough to severely hurt business sentiment.
Posted by Reuters: Business News on January 17, 2012
(Reuters) – The European debt crisis interrupted the plans of Citigroup Inc Chief Executive Vikram Pandit to rebuild the bank, which reported an 11 percent drop in quarterly profit and disappointed Wall Street amid lackluster investment banking and trading business.
Posted by Reuters: Business News on January 10, 2012
LONDON (Reuters) – European stocks rose but the euro stayed under pressure on Tuesday, with markets nervous about the outlook for the region’s economy and banks, prospects for government debt sales and a slowdown in the export-focused Chinese economy.
Posted by Reuters: Business News on January 9, 2012
NEW YORK (Reuters) – Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region’s economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
Posted by Reuters: Business News on January 6, 2012
PARIS (Reuters) – Italian Prime Minister Mario Monti warned the European Union on Friday not to let divisions over managing its debt crisis blow up into serious splits, and French President Nicolas Sarkozy warned that a euro collapse could trigger instability.
Posted by Reuters: Business News on
(Reuters) – A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying.
