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 new car registrations in the EU fell by 1.8% in October to 1.005 million units, said Wednesday the Association of European Automobile Manufacturers (ACEA).
If we add also the data from Iceland, Norway and Switzerland, the decline was slightly less marked, to -1.4%.
Over the period from January to October, registrations show [...]

Mario Monti, appointed Sunday evening to form the next Italian government has promised to conduct "with a sense of urgency but with care" consultations to establish the composition of his cabinet.
These will begin in the evening and will begin with interviews with the presidents of the Senate and the Chamber of Deputies, Gianfranco [...]

Short-Renault and PSA to adjust stock

Renault and PSA Peugeot Citroën will enjoy the holidays from November to introduce measures of partial unemployment in many of their factories so they say, to sell some of their stocks.
The two French car manufacturers have made inventory management a priority in order to avoid ending up in case of weaker demand in [...]

The contraction sharpened fears of relapse

Fears of a relapse of the global economy have intensified Thursday with the release of purchasing managers' index (PMI) showing a contraction in private sector activity in the eurozone and in China, which fueling the decline in equity markets.
Against the backdrop of the debt crisis, the activity of services in the euro area, [...]

Obama presents his plan to reduce the deficit

The U.S. president announced Monday new measures savings of $ 3 trillion dollars over ten years. They include the creation of a tax on the rich millionaires. President Barack Obama has presented new cost-saving measures to reduce the deficit Monday, September 19 in the Rose Garden of the White House.
President Barack Obama said Monday, [...]

The Tokyo Stock Exchange declined by U.S. employment

The Tokyo Stock Exchange ended Friday down 1.21%, plunging below 9,000 points after profit-taking driven by six consecutive sessions of gains.
Japanese equity markets also fell in anticipation of the statistics of job creation in the United States, expected in fall.
The Nikkei lost 110.06 points to 8,950.74 and the Topix, broader, sold [...]

Beijing urges Washington to stabilize the bond market

The governor of China's central bank urged Washington to take "concrete and responsible" to solve the budget crisis and stabilize the U.S. bond market Treasury.
Zhou Xiaochuan, in fact, judge that the uncertainty in the market for Treasuries is likely to affect the international monetary system and threatening global growth.
This is the [...]

To a last-minute agreement on the U.S. debt

The U.S. Congress was about on Sunday to reach a last-minute deal to raise the debt ceiling and prevent the world's largest economy a default.
"We are ready," he told CNN the leading Republican minority in the Senate, Mitch McConnell, who plays a key role in these talks.
Meanwhile, a senior White House [...]

Debt crisis: why Italy is Greece

Political tensions within the government of Berlusconi weaken the credibility of the new plan for fiscal consolidation. The markets are now targeting Italy. However, Italy remains in the shelter of a Greek tragedy. Financial markets are worried about the tensions between the Italian prime minister Silvio Berlusconi and Minister of Economy and Finance Giulio Tremonti
[...]