Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts.
Venture capital firm Kleiner Perkins Caufield & Byers has closed $525 million for its fifteenth early stage fund to invest in technology, clean tech and life sciences companies.
China has expanded the number of rare earths it will export to the global market, from 10,546 metric tonnes to 21,226 metric tonnes, the country's Ministry of Commerce (MOC) announced on Thursday.
Financial stress has been causing discomfort among many Australian households and a new study showed that in the event of an economic downturn, millions mired in debt would be buried deeper before overcoming their credit dues.
BEIJING (Reuters) - China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government think-tank, said in a report published on Friday
The Obama administration is engaged in last-minute arm-twisting to secure financial support for Kabul from other Nato members ahead of a weekend summit
Debate has far-reaching implications for country’s nuclear capability and questions the so-called Moscow Criterion, which some see as a relic of the cold war
BEIJING (Reuters) - China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government think-tank, said in a report published on Friday
TOKYO (Reuters) - Japan's government took a brighter view of the economy in a report on Friday, thanks to improvements in private consumption and exports, but it warned that Europe's debt crisis and financial market swings could worsen the outlook
(Reuters) - The unit at the center of JPMorgan Chase & Co's recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said on Thursday
Venture capital firm Kleiner Perkins Caufield & Byers has closed $525 million for its fifteenth early stage fund to invest in technology, clean tech and life sciences companies.
What to by in the Brazilian stock market as the popular large caps are hobbled for different reasons, unable to capitalize on the country's falling interest rates.
Asian shares on Thursday recovered a bit of the ground lost in the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies.
Asian shares steadied on Thursday from the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies.
The Greek tragedy continued to sink markets across the world. The euro plunged to a 4-month low after Greece failed to form a coalition government and a fresh round of elections is in the offing
Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts.
New York's top financial regulator accused banks and insurers that sell homeowner policies to struggling borrowers of pushing them "over the foreclosure cliff
Spain's government said 16 of the country's 17 regions are on track to meet this year's budget targets, a key part of its efforts to slash a towering budget deficit and ward off an international bailout.
Mongolia's parliament approved a new investment law Thursday that caps future foreign participation in certain strategic industries, reflecting a growing public push to keep profits from the mineral-rich nation's industries inside the country.
The Federal Reserve Bank of New York postponed a planned auction of $1.67 billion of mortgage collateralized debt obligations from its Maiden Lane III portfolio.
Commerce's ruling "is a bellwether decision," Steve Ostrenga, chief executive officer of Milwaukee-based Helios Solar Works, said, according to USA Today
Bloomberg has published an article today that you just have to read.
It starts with a mom in Arizona picking up her 4 year old after school, only to learn that a dentist had installed steel crowns on two of his back teeth — "pulpotomies" according to a note in his backpack
The US has eased a ban on investments in Myanmar. It does sound big. And it is. For the first time in decades, American companies will now be able to invest in a broad range of sectors in Myanmar, according to US Secretary of State Hillary Clinton's announcment today
Vietnam's inflation eased slightly for the fourth straight month in December, according to official estimates, but leaders vowed continue to tackle some of the world's fasting-rising prices.
India's Kingfisher Airlines has slumped two places to fifth in terms of market share, according to government data, as the cash-strapped carrier cuts routes and grounds planes.
KUALA LUMPUR (Reuters) - Petronas is in talks with several oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter told Reuters.
WASHINGTON (AP) — In in the latest sign that the economy is surging at year's end, unemployment claims have dropped to the lowest level since April 2008, long before anyone realized that the nation was in a recession.
The U.S. Commerce Department announced stiff tariffs on Chinese-made solar panels Thursday, a move critics said could raise costs for consumers and further inflame trade tensions with Beijing.
JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
China has expanded the number of rare earths it will export to the global market, from 10,546 metric tonnes to 21,226 metric tonnes, the country's Ministry of Commerce (MOC) announced on Thursday.
Financial stress has been causing discomfort among many Australian households and a new study showed that in the event of an economic downturn, millions mired in debt would be buried deeper before overcoming their credit dues.
Asian shares fell steeply Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.
Rating agency Moody's Investors Services sent yet another shockwave down the spine of the European financial industry Thursday afternoon, downgrading 16 Spanish banks after equity markets had closed in New York.
Facebook (Nasdaq: FB), the No. 1 social network raised $16 billion in its initial public offering, the biggest in Internet history, valuing its shares at $38.
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