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 [...]
The 110 million euros, with European banks may need to strengthen their capital should include some 46 billion already pledged to Ireland, Greece and Portugal to their credit, officials said Sunday from European sources.
At a meeting of European finance ministers on Saturday, the president of the new European Banking Authority (BEA) said the [...]
The Greek leaders meet with their counterparts in Switzerland next week to finalize an agreement on the Greek capital flight to Bern. It goes from 8.86 to 9 euros gross time to reach 1,365 euros for 35 hours, or about 1,073 euros net per month.
The Greek Secretary of State at the Ministry of Finance, [...]
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 [...]
European shares continued their rebound Thursday started the day before, the European Central Bank (ECB) has as expected left rates unchanged and said it would provide liquidity to banks to longer term to avoid a new drying ("credit crunch" ).
For the presidency of the last Board of Governors of the ECB, Jean-Claude Trichet, [...]
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 [...]
The mutual insurer Groupama will give priority to profitability rather than market share gains during the implementation of its new savings plan 2012-2015, after which the group plans to put its new stock exchange, said its director general daily Les Echos.
Standard & Poor's downgraded Friday the long-term rating of Groupama, a decision to [...]
Wall Street finished down closing a turbulent session, investors are drawing negative conclusions of the economic indicators of the day.
The New York Stock Exchange ended down 1.03% Thursday, the Dow Jones industrial yielding 30 119.96 points to 11,493.57 points.
The S & P-500, wider, lost 14.47 points, or 1.19% to 1204.42 points. [...]
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 [...]
Credit derivatives and CDS (credit default swaps) are a poor instrument for measuring the risk to the debts of States, particularly rated and most liquid such as France, the United States or Germany, experts say Reuters poll.
Since the collapse of large U.S. investment bank Lehman Brothers in September 2008, CDS, hitherto limited to [...]