Posts Tagged ‘eurozone’

Spain’s 10-year bond yields reach above 7 percent

Nathan Andrada – Fourth Estate Cooperative Contributor Madrid, Spain (4E) – After going up as high as 7.108 per cent, Spain’s 10-year government bond yield finished Monday at 7.06 per cent. The rise to the 7 per cent level is regarded as unsustainable by many economists and this comes ahead of a summit by eurozone […]

Bond yields rise in Spain and Italy

Spain saw its borrowing costs rise to a record high since joining the eurozone in 1999 and Italy saw its costs rise to levels previously seen in January. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Greek unemployment nearly double that of eurozone

Greece saw its unemployment rate climbed to a historic high of 21.9 percent in March, up from 21.4 percent in February. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Stocks slightly higher Wednesday on eurozone optimism

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened slightly higher Wednesday following better than expected European economic data and new promises from China to keep buying debt issued by eurozone governments. Just after the opening bell on Wall Street, the Dow Jones Industrial Average rose 10 points, […]

U.S. stocks edge up ahead of earning season

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks moved up slightly Monday morning as earning season gets underway. Right out of the gate, the Dow Jones Industrial Average rose 10 points, the Standard & Poor’s 500 Index was up less than a point and the NASDAQ was better […]

Debt crisis: as it happened December 19, 2011

George Osborne stands by his refusal to contribute to an IMF fund designated specifically for a eurozone bailout, as EU finance ministers agree €150bn of loans. View full post on UK Business Stories

Markets boosted by bank liquidity move

Rate charged for international access to dollars is slashed in an effort to counter a deepening credit squeeze in the eurozone View full post on UK Business Stories

U.S. stocks up on shortened Friday trading session

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stock markets will close at 1 p.m. on Friday having many investors joking they have only a half a day to lose half as much money. Just after the opening bell, the Dow Jones Industrial Average rose 58 points, the Standard […]

U.S. stocks slip Friday on uncertainties following European bailout deal

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks slipped into the red Friday morning after uncertainties lingered following Thursday’s European deal to tackle the eurozone debt crisis. Shortly after 10 a.m., the Dow Jones Industrial Average was down 3 points, the Standard & Poor’s 500 Index was off […]

Euro banks agree to slash Greek debt by 50%

Markets reacted positively to two major deals cut by eurozone ministers which are expected to address the eurozone debt crisis and avert a possible second global financial crisis. View full post on Banking Stories