Markets Volatile on Greek Debt Talks, IMF Funding
- Pan Pylas - The Associated Press
- •
- January 18, 2012
LONDON (AP) — Markets advanced further Wednesday on hopes the International Monetary Fund would get more money and as Greece resumes discussions with private creditors to get them to agree to reduce t...
ING Reins in Exposure to Potentially-bad Euro Debt
- The Associated Press
- •
- January 13, 2012
AMSTERDAM (AP) — ING Groep NV, the bailed-out Dutch bank and insurer, said Friday it sold a further €1.2 billion ($1.54 billion) worth of bonds issued by southern European nations, as it continues eff...
German Exports Claw Back Ground in November
- David McHugh - The Associated Press
- •
- January 09, 2012
FRANKFURT, Germany (AP) — Germany's exports rose strongly in November, partially offsetting a sharp drop the previous month, according to provisional figures. But a dip in industrial production darken...
Dexia Sells Luxembourg Unit to Qatari Fund
- The Associated Press
- •
- December 20, 2011
BRUSSELS (AP) — Troubled Franco-Belgian bank Dexia Group said Tuesday it has sold its Luxembourg subsidiary to Qatari investment fund Precision Capital and the state of Luxembourg for €730 million ($9...
Euro Pact Faces UK Hurdle, Ebbing Market Faith
- The Associated Press
- •
- December 12, 2011
DAVID STRINGER,Associated Press
FRANCES D'EMILIO,Associated Press
LONDON (AP) — Doubts rebounded Monday over Europe's ability to solve its debt crisis and rescue the imperiled euro, as investors...
Businesses Want EU Leaders to Stimulate Growth
- David McHugh - The Associated Press
- •
- December 12, 2011
PARIS (AP) — While Friday's European summit received a measure of approval from markets for committing to belt-tightening, some businesspeople are worried the accord might further choke growth.
The...
After Euro Deal, Investor Brace for Big Moves
- The Associated Press
- •
- December 11, 2011
NEW YORK (AP) — Europe's fiscal pact may save the euro from collapse and stave off worldwide financial panic. But the concerns of many investors are more personal: Will it lift my flagging 401(k)?
...
Moody's Downgrades 3 Leading French Banks
- The Associated Press
- •
- December 09, 2011
PARIS (AP) — The Moody's rating agency downgraded three leading French banks on Friday, saying that the spiraling debt crisis in Europe was making it hard for them to get loans and that the situation ...
Markets in Retreat as Euro Plan Optimism Fails
- Pan Pylas - The Associated Press
- •
- December 07, 2011
LONDON (AP) — Stocks gave up earlier gains Wednesday as hopes dissipated that a deal to save the euro would be agreed at a summit of European leaders at the end of the week, in the wake of an insisten...
France Lashes Out at S&P's 'Shocking' Error
- Sarah DiLorenzo - The Associated Press
- •
- November 11, 2011
PARIS (AP) — France reacted with outrage after the Standard & Poor's ratings agency accidentally sent out a message saying it was downgrading the country's prized "AAA" credit rating during a tumultuo...
Restructuring, Loans to Greece Cost Dexia $8.7 Billion
- Gabrielle Steinhauser - The Associated Press
- •
- November 09, 2011
BRUSSELS (AP) — Dexia, the Franco-Belgian lender that had to be bailed out last month, said Wednesday the firesale of its Belgian retail business and losses on Greek government bonds cost it almost €6...
European Markets Tank on Greek Referendum Pledge
- Pan Pylas - The Associated Press
- •
- November 01, 2011
LONDON (AP) — Markets plunged Tuesday on fears that Europe's plan to save the euro was already unraveling after the shock decision by Greece's leader to call a referendum on the country's latest rescu...
European Debt Deal Lifts Dow by Almost 340 Points
- The Associated Press
- •
- October 28, 2011
NEW YORK (AP) — An agreement to contain the European debt crisis electrified the stock market Thursday, driving the Dow Jones Industrial average up nearly 340 points and putting the Standard & Poor's ...
World Stocks Rise After Europe Deal on Greece Debt
- The Associated Press
- •
- October 27, 2011
BANGKOK (AP) — World stock markets shot higher Thursday as investors waded into riskier assets, emboldened by European leaders agreeing on a plan to reduce Greece's massive debts.
Oil prices rose abo...
A Year-end Stock Comeback? It's Happened Before
- David K. Randall - The Associated Press
- •
- October 17, 2011
NEW YORK (AP) — 2011 was shaping up to be a washout for the stock market just two weeks ago. Now, it's within shouting distance of its biggest comeback in nearly three decades.
The Standard and Poo...
Stocks Tank as Greece Admits It Won't Hit Targets
- Pan Pylas - The Associated Press
- •
- October 03, 2011
LONDON (AP) — Stocks took another hit Monday after Greece admitted it won't meet its deficit reduction targets, raising renewed fears that the country will not get crucial bailout loans it needs to av...
World's Central Banks Flood Market with Dollars
- Carlo Piovano - The Associated Press
- •
- September 15, 2011
LONDON (AP) — Five of the world's top central banks acted jointly Thursday to provide unlimited dollar loans to banks, a move aimed at easing the growing tensions in the eurozone's financial sector an...
Moody's Downgrades SocGen, Credit Agricole
- Sarah DiLorenzo - The Associated Press
- •
- September 14, 2011
PARIS (AP) — Moody's downgraded the credit ratings of French banks Societe Generale and Credit Agricole on Wednesday following a period of huge volatility in the markets as investors fretted about the...
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