Tokyo finally stable, the Fed raises high expectations

The Tokyo Stock Exchange ended on a symbolic increase of 0.01% Wednesday as investors pausing following increases in the last four sessions, investors waiting for signs of support from the Fed.
The Nikkei gained 1.30 point to 8,955.20 and the Topix, broader took 3.30 points (0.43%) to 770.60.
Japanese stock indices have evolved [...]

The euro returns to the helm of $ 1.45

The rise of the euro is not a sign of confidence in the economy of the Old Continent. It is mainly driven by dollar weakness and renewed appetite for risk.
The euro continued to rise Monday above the threshold of $ 1.45, benefiting from a reflux of the risk aversion of the operators, after the [...]

Helsinki still requires collateral to help Athens

Finland would be irresponsible if it did not require collateral in exchange for his aid to Greece, said Friday its finance minister, Jutta Urpilainen.
"It would be completely irresponsible for the government. That's why it will not happen. The Social Democrats will not give up," she said at a gathering of the Social Democratic [...]

Ahold speeds up its share buybacks, second quarter hard

Ahold announced Thursday the acceleration of its share buyback program after posting profit below expectations in the second quarter, having trouble like other distributors to pass on rising costs in a sluggish economy for households.
The Dutch group, owner of the first supermarket chain in the Netherlands (Albert Heijn) while achieving 60% of its [...]

Why plan anti-government deficit is poorly calibrated

After the growth recorded by the ghost French economy in the second quarter, the forecast of the Centre Expansion does not exceed 1.5% of GDP growth in 2011 and 1% in 2012. As a result, nearly 13 billion euros it will find more to solve the budget equation. Baroin was appointed Minister of Finance and [...]

Moody's criticism of the guarantees required for aid to Greece

Countries in the euro area who want to convince Greece to provide a guarantee in return for cash assistance may delay the payment of the next installment of the bailout program and put the country in default, said Moody's.
Greece has signed with its international donors agreed a new rescue package in July, covering [...]

These bosses who pull the strings of the Chinese economy

They are less media that Steve Jobs or Carlos Ghosn, but equally powerful. Overview, images, big names in the Chinese economy. By Lucille Caillaut
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Previous Previous Su Shulin PauseSuivant, 49, Sinopec Next
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Previous Previous PauseSuivant Jiang Jiemin, 55, China Petroleum Company Next
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Lenovo double its earnings but fears a global slowdown

The manufacturer of personal computers Lenovo China Thursday posted a near doubling of quarterly profit, but expressed concern about the impact of a slowing global economy, making the stock market drop his title by nearly 8 %.
The third global brand PC has been driven by strong sales in China and other emerging markets [...]

Wall Street opens sharply lower

Wall Street opened sharply lower Tuesday, as expected by economists following the announcement of a virtually stagnant growth in Germany in the second quarter, fueling fears of a relapse of the global economy.
Confirmation of the AAA rating of the United States by Fitch, a strong statistical U.S. industrial production and a given property [...]

BofA sells its credit cards in Europe and Canada

Bank of America announced Monday the sale of its credit cards in Britain, Ireland and Canada.
In Canada, the U.S. bank has an agreement with TD Bank Group on a portfolio of $ 8.6 billion, according to a statement released Monday, however, reveals that the amount of the transaction.
TD Group said it [...]