Moody's: Japan political impasse a concern for debt outlook
TOKYO (Reuters) - The stand-off between Japan's government and opposition parties is a concern as it has stalled important legislation needed to fund government spending, credit rating agency Moody's...
View ArticleGeithner Warns Congress of Risks to US Economy
Getty Images Timothy Geithner testifying Wednesday. Treasury Secretary Timothy Geithner warned Congress on Wednesday that Europe's debt crisis and a looming budget crisis in Washington could weaken an...
View ArticleRESEARCH ALERT-Deutsche Bank cuts Leoni target price
Oct 12 (Reuters) - : * Deutsche Bank cuts Leoni target price to 27 euros from 32 euros; rating hold * Deutsche Bank cuts Valeo SA target price to 52 euros from 58 euros; rating buy For a summary of...
View ArticleEU to win 2012 Nobel Peace Prize: Nowegian broadcaster
OSLO (Reuters) - The European Union will win the Nobel Peace Prize on Friday for its historic role in uniting the continent in an award that plays down the euro zone's debt crisis, Norway's NRK public...
View ArticleEU to win 2012 Nobel Peace Prize: Norwegian broadcaster
OSLO (Reuters) - The European Union will win the Nobel Peace Prize on Friday for its historic role in uniting the continent in an award that plays down the euro zone's debt crisis, Norway's NRK public...
View ArticleEuro steadies, yen weighed as risk aversion eases
TOKYO (Reuters) - The euro steadied on Friday after snapping a three-day decline the day before when the International Monetary Fund said indebted euro zone economies should have more time to cut...
View ArticleKing Admits Failing to ‘Shout’ About Risk
Repairing the economy and regulating banks is “the biggest challenge the Bank [of England] has faced for decades,” Sir Mervyn King said on Wednesday in a speech in which he conceded for the first time...
View ArticleCopper down, eyes weekly loss on growth worries
SINGAPORE (Reuters) - London copper slipped on Friday and was set to log a one percent loss this week on persistent worries about sluggish economic growth while traders eyed Chinese import data at the...
View ArticleWRAPUP 1-Europe uneasy in IMF spotlight as Tokyo meetings start
By Lesley Wroughton and Anna Yukhananov TOKYO, Oct 12 (Reuters) - Greece, Spain and the euro zone's slow progress toward debt reform take centre stage at IMF meetings on Friday despite Europe's best...
View ArticleEuropean Union Wins Nobel Peace Prize for Uniting Continent
The European Union won the Nobel Peace Prize for its long-term role in uniting the continent, the Norwegian Nobel Committee said on Friday, an award seen as morale boost for the bloc as it struggles...
View ArticleTREASURIES-Bonds supported on earnings worries, election uncertainty
TOKYO, Oct 12 (Reuters) - U.S. Treasuries were supported on Friday with the benchmark 10-year yield staying near this week's low on concerns about corporate earnings and uncertainty over the U.S....
View ArticleWRAPUP 3-Germany holds firm on Greece as IMF pressure mounts
(Updates with Lagarde, Schaeuble, de Guindos comments) * Germany gives no ground on question of Greece * IMF's Lagarde makes case for flexibility to meet budget targets * De Guindos says no political...
View ArticleCyprus president seeks union backing on austerity
NICOSIA, Cyprus - Christofias is asking trade union leaders to "act patriotically" and bite the bullet on the measures to stave off possible social unrest. He's also meeting opposition leaders to...
View ArticleCanada says worth considering more time for Europe budget cuts
OTTAWA, Oct 11 (Reuters) - Canada tentatively backed on Thursday the International Monetary Fund's call for giving debt-burdened Greece and Spain more time to reduce their budget deficits. The IMF...
View ArticleEurope uneasy in IMF spotlight as Tokyo meetings start
TOKYO (Reuters) - Greece, Spain and the euro zone's slow progress toward debt reform take centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight. The...
View ArticleEuro zone's strong factory output surprises in August
* Industrial production in August rises 0.6 pct from July * Recession still expected in euro zone; IMF cuts forecasts BRUSSELS, Oct 12 (Reuters) - Output at euro zone factories grew much more than...
View ArticleECB to add 40 positions to cope with added workload from the debt crisis
FRANKFURT, Germany — Europe’s debt crisis is close to claiming a new set of casualties — the European Central Bank’s overstretched staff. The central banking authority for the 17 countries that use...
View ArticleEuropean Shares End Lower on Weak German Report
European shares closed lower Monday, as a drop in German business sentiment and fresh worries over Spain and Greece pushed nervous investors towards more defensive equity sectors such as health-care...
View ArticleGermany holds firm on Greece as IMF pressure mounts
TOKYO (Reuters) - Germany held firm on Friday in insisting it was too soon to say Greece deserved more time to meet its budget-cutting goals even as the head of the IMF laid out the case for leniency....
View ArticleJapan econmin says to discuss yen with Fed, ECB heads
TOKYO, Oct 12 (Reuters) - Japanese Economics Minister Seiji Maehara said he will discuss the pain a strong yen is inflicting on the country's exports when he meets U.S. Federal Reserve Chairman Ben...
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