360° Coverage : SCOREBOARD: European battle toll

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SCOREBOARD: European battle toll

Source: Business Spectator , Nov 15 2012, 4:13pm CST

That’s its official now doesn’t really change very much, because for all intents and purposes the eurozone was already in a recession. Makes for good headlines though, and in this tale of woe that the market has become that’s what matters. F ...

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Update
10

31 minutes ago

Europe May Finally Be In A Position To Surprise Economists To The Upside

Source: The Business Insider  |   May 25 2013, 7:10am CDT

NOTE: This post was originally published on Friday, May 24. This may be an unpopular suggestion, but those with a contrarian view of the world will surely appreciate the logic here. The chart below from Goldman shows the consensus econ ...

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Update
9

1 hour ago

Kenya: Eurozone Crisis and Election Jitters Drove Down 2012 Tourism Arrivals

Source: AllAfrica.com  |   May 25 2013, 6:26am CDT

THE hotels and restaurants sector's growth slowed down last year expanding only by 2.6 per cent compared to 4.9 per cent in 2011 due to lower tourism numbers and earnings, the latest government data shows. A ...

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Update
8

4 hours ago

IFRC warns of civil unrest in Europe

Source: Press TV  |   May 25 2013, 3:36am CDT

“If the number does not start being affected and start coming down, the more uneasy people become,” IFRC Secretary General Bekle Geleta said on Friday. “I don't rule out social exclusion, tensions, uneasiness and unrest, because if people do ...

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Update
7

10 hours ago

Editorial: What's the matter with Europe?

Source: Chicago Tribune  |   May 24 2013, 9:02pm CDT

French President Francois Hollande recently faced the press after yet another round of bad news. The eurozone economy shrank for the sixth quarter in a row, the longest recession since the single currency was launched. In many European countri ...

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Update
6

11 hours ago

US stocks close flat

Source: Business Times Malaysia  |   May 24 2013, 7:45pm CDT

NEW YORK: US stocks closed flat Friday, reeling in early losses but showing caution following Japan's Thursday 7.3 per cent plunge and ahead of the three-day US Memorial Day holiday weekend. The Dow Jones Industrial Ave ...

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Update
5

13 hours ago

US economy to revive? Investors shift focus to growth stocks

Source: Economic Times  |   May 24 2013, 5:59pm CDT

NEW YORK: Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again. The best returns in the Standard ...

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Update
4

14 hours ago

Japan turned upside down on Abenomics

Source: The Age  |   May 24 2013, 5:09pm CDT

Watch this space: A television crew films an electronic stock indicator in Tokyo on Thursday. Photo: AP It wasn't quite what Japan's policy makers had in mind when they decided to change tack and pump mass ...

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Update
3

14 hours ago

Fed angst on Wall Street

Source: The Age  |   May 24 2013, 5:02pm CDT

The S ...

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Update
2

15 hours ago

Tata Steel posts Q4 loss on weak Eurozone demand

Source: GulfToday.ae  |   May 24 2013, 4:30pm CDT

MUMBAI: Tata Steel, largest steel manufacturer of the country, posted net loss for fourth quarter ending March 31, 2013. The company’s fourth quarter net loss was Rs6,529 crore compared with Rs4,330 crore profit a year earlier. Karl-Ulrich Koehler, C ...

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Update
1

16 hours ago

Biggest weekly loss in a month for oil; gold up on week

Source: Economic Times  |   May 24 2013, 2:44pm CDT

NEW YORK: Oil posted its biggest weekly loss in a month on Friday while copper was down slightly on both the day and week after a shaky demand outlook for industrial commodities from major consumer China. Gold had its biggest weekly rise in a mo ...

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