The Tokyo Stock Exchange closed up 1.56% Monday, ending in the green for the first time in six sessions, coinciding with the rebound of the euro and U.S. index futures.
The Nikkei gained 127.48 points to 8,287.49, after falling last week to a low of two and a half years.Government sources in Rome say [...]

The group formed around the building Bouygues Ile-de-France, with architect Renzo Piano, was selected to build the future courthouse in Paris, said Friday the board of EPPJP.
Bouygues was competing with Vinci for this major project, to be confirmed by the signing of the PPP expected by February 2012, says in a statement.
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The price of light crude ended down on Tuesday for the third straight session, affected by the renewed pessimism caused by the decision of the Greek Prime Minister to hold a referendum on the agreement European rescue of the country.
On the Nymex, the December contract on the U.S. light crude (WTI) ended on [...]

The Tokyo Stock Exchange ended down 0.69% Monday as investors took profits after a Japanese monetary authorities intervene against the soaring yen.
The Nikkei lost 62.08 points to 8,988.39 and the Topix, larger yielded 7.37 points (0.96%) to 764.06.
The Bank of Japan intervened in foreign exchange markets to counter speculation that makes [...]

Industrial production increased as expected in the U.S.

Industrial production in the United States increased as expected in September, according to figures released Monday by the Federal Reserve, the manufacturing sector offsetting a decline in the utilities.
Production increased by 0.2% the previous month, according to the expectations of economists polled by Reuters and after remaining unchanged in August. (Revised from an [...]

Support for Dexia not a risk to the French note, according to Fitch

The cost of support for Dexia is not insignificant for Belgium, but France, this bailout is not in itself a significant risk to his notes because of its low exposure to the Franco-Belgian bank, said Monday a Fitch analyst told Reuters.
"The cost of support for the Belgian Dexia is not insignificant, and highlights [...]

Holland Aubry credible on the economy

60% of the French trust the member for Corrèze to boost growth and reduce debt, as against 22% for the mayor of Lille, according to a survey. François Hollande and Martine Aubry in the Summer of PS in La Rochelle (August 2011)
François Hollande is widely considered more credible than its rival in the primary [...]

Oil prices end down sharply because of Greece

Brent crude closed Monday at 101.71 dollars a barrel, down $ 1.05, or 1.02%, against a backdrop of rising dollar against the euro and concerns about the crisis European debt.
This is the lowest closing price of Brent in seven and a half months.
Shortly before, a barrel of U.S. light crude had [...]

What future for the investment bank UBS after the fraud?

The pressure to sell the investment bank will increase further following the discovery of a fraud involving two billion dollars in the facility.
A 31 year old man was arrested Tuesday morning in London to a folder on unauthorized transaction, which could result in a loss for UBS in the third quarter.
The [...]

The Tokyo Stock Exchange ended down more than 2%

The Tokyo Stock Exchange ended down over 2% Monday, because of concerns about the debt crisis of the euro area and the prospect of Wall Street's losses widen further.
The Nikkei lost 2.31% or 201.99 points to 8,535.67 and the Topix, broader, sold 14.44 points (-1.91%) to 741.26.
Philipp Rösler, German Economy Minister [...]