Euro http://www.globalpost.com/taxonomy/term/23046/all en World stocks mostly down as Ukraine tensions bubble, doubts surface over China growth http://www.globalpost.com/dispatch/news/the-canadian-press/140414/world-stocks-fall-after-2-days-us-decline-unpromising-outloo <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>TOKYO - World stock markets were mostly lower Tuesday as Ukraine tensions continued to bubble and jitters about China's economy resurfaced.</p> <p>Hong Kong's Hang Seng was down 1.6 per cent at 22,671.26 as a drop in China's money supply unnerved investors ahead of first quarter economic growth figures due Wednesday. China's Shanghai Composite Index shed 1.4 per cent to 2,101.60.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140414/world-stocks-fall-after-2-days-us-decline-unpromising-outloo" target="_blank">read more</a></p> Economy of the European Union Economy of the People's Republic of China Euro Technology The Canadian Press Mon, 14 Apr 2014 12:45:48 +0000 The Canadian Press 6120979 at http://www.globalpost.com Portugal's clean bailout exit more likely after Greek bond success: Eurogroup head http://www.globalpost.com/dispatch/news/thomson-reuters/140411/portugals-clean-bailout-exit-more-likely-after-greek-bond-succe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jan Strupczewski</p> <p>WASHINGTON (Reuters) - Greece's success in tapping markets on Thursday raise the chances that Portugal will not need a precautionary credit line when it exits the euro zone bailout in mid-May, the head of euro zone finance ministers, Jeroen Dijsselbloem, said on Friday.</p> <p>Athens, which had been locked out of capital markets for four years and was bailed out with 240 billion euros ($333 billion) as its economy faltered, issued a bond on Thursday and received bids seven times the amount on offer.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140411/portugals-clean-bailout-exit-more-likely-after-greek-bond-succe" target="_blank">read more</a></p> Economy of the European Union Euro Europe Jeroen Dijsselbloem Thomson Reuters Fri, 11 Apr 2014 21:33:53 +0000 Thomson Reuters 6119595 at http://www.globalpost.com Asian shares slip after Wall St rout http://www.globalpost.com/dispatch/news/afp/140411/asian-shares-slip-after-wall-st-rout-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Asia's markets fell on Friday following hefty plunges on Wall Street as US technology stocks suffered another sell-off, while China released data showing inflation picked up in March but was still below forecasts.</p> <p>Tokyo led the decline, plunging 2.38 percent, or 340.07 points, to 13,960.05 -- its lowest close in six months, while Seoul lost 0.56 percent, or 11.17 points, to 1,997.44 and Sydney shed 0.95 percent, or 52.15 points, to 5,428.6.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140411/asian-shares-slip-after-wall-st-rout-1" target="_blank">read more</a></p> Economics Economy of the European Union Euro Technology AFP Fri, 11 Apr 2014 10:34:51 +0000 Agence France-Presse 6119051 at http://www.globalpost.com Asian tech stocks plunge as sell-off that began on Wall Street proves contagious http://www.globalpost.com/dispatch/news/the-canadian-press/140407/asian-tech-stocks-plunge-sell-began-wall-street-proves-conta <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>HONG KONG - Internet and technology stocks tumbled across Asia on Monday as a sell-off spread from Wall Street where investors knocked down such companies over worries about excessively high valuations.</p> <p>Mainstays of the Internet economy such as Google and Netflix that have surged over the past year were hammered on Friday as investors had a change of heart and decided prices were too high. The technology-heavy Nasdaq had its biggest one-day drop since February.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140407/asian-tech-stocks-plunge-sell-began-wall-street-proves-conta" target="_blank">read more</a></p> 5 cent Cent Euro Labor Technology The Canadian Press Mon, 07 Apr 2014 09:46:19 +0000 The Canadian Press 6114956 at http://www.globalpost.com German factory orders rise again in February in latest sign Europe's largest economy growing http://www.globalpost.com/dispatch/news/the-canadian-press/140404/german-factory-orders-rise-again-february-latest-sign-europe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>BERLIN - German factory orders rose in February in the latest sign that Europe's largest economy is picking up speed.</p> <p>The Federal Statistical Office said Friday new orders rose 0.6 per cent over January, when adjusted for calendar and seasonal factors. Domestic orders rose 1.2 per cent while foreign orders increased 0.2 per cent.</p> <p>New orders from other nations using the euro currency rose a robust 5.9 per cent, offsetting a decline of 3.1 per cent of orders from non-eurozone countries.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140404/german-factory-orders-rise-again-february-latest-sign-europe" target="_blank">read more</a></p> Economy of the European Union Euro The Canadian Press Fri, 04 Apr 2014 11:33:04 +0000 The Canadian Press 6113142 at http://www.globalpost.com German industry orders rise in February, point to strong first quarter http://www.globalpost.com/dispatch/news/thomson-reuters/140404/german-industry-orders-rise-february-point-strong-first-quarter <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah Marsh</p> <p>BERLIN (Reuters) - Domestic demand drove a stronger-than-expected 0.6 percent rise in German industrial orders in February, Economy Ministry data showed on Friday, marking the fourth consecutive monthly gain and underscoring the pickup in Germany's mighty industry.</p> <p>The increase in seasonally-adjusted orders beat the consensus forecast in a Reuters poll of 32 economists for a rise of 0.1 percent. The gain in January orders was revised downwards to 0.1 percent from an originally reported 1.2 percent.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140404/german-industry-orders-rise-february-point-strong-first-quarter" target="_blank">read more</a></p> Economy of Germany Economy of the European Union Euro Thomson Reuters Fri, 04 Apr 2014 11:18:52 +0000 Thomson Reuters 6113092 at http://www.globalpost.com Britain's FTSE steadies after Tullow helps it hit three-week high http://www.globalpost.com/dispatch/news/thomson-reuters/140403/britains-ftse-steadies-after-tullow-helps-it-hit-three-week-hig <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Alistair Smout</p> <p>LONDON (Reuters) - British blue-chip shares steadied after testing a three-week high on Thursday, as the end of a two-week rally in mining shares offset gains by Tullow Oil.</p> <p>Market moves were muted, however, before a meeting of the European Central Bank, as investors waited to see if the ECB would act in the face of deflation fears.</p> <p>The British FTSE 100 &lt;.FTSE&gt; gave up a 0.2 percent gain, which took it to its highest since March 12, to trade roughly flat at 6,657.00 by 1046 GMT.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140403/britains-ftse-steadies-after-tullow-helps-it-hit-three-week-hig" target="_blank">read more</a></p> Economy of Europe Euro FTSE 100 Index Thomson Reuters Thu, 03 Apr 2014 17:34:27 +0000 Thomson Reuters 6112637 at http://www.globalpost.com France, Italy must continue reforms http://www.globalpost.com/dispatch/news/afp/140401/france-italy-must-continue-reforms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>France's incoming cabinet and Italy's recently installed new team should stick to reforms that will help make Europe more competitive, Eurogroup chief Jeroen Dijsselbloem said Tuesday.</p> <p>"We need to continue working on the stabilisation of budgets and at the same time become more competitive," Dijsselbloem told reporters ahead of a eurozone finance ministers' meeting in Athens.</p> <p>"That requires more reforms, also in France," he added, in a message also directed to Italy.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140401/france-italy-must-continue-reforms" target="_blank">read more</a></p> Business Economy of the European Union Euro Social Issues AFP Tue, 01 Apr 2014 12:55:23 +0000 Agence France-Presse 6110476 at http://www.globalpost.com Spain's deflation rate of 0.2 per cent ups pressure on European Central Bank to loosen policy http://www.globalpost.com/dispatch/news/the-canadian-press/140328/spains-deflation-rate-02-cent-ups-pressure-european-central- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>MADRID - Spain's inflation rate dipped into negative territory this month, official data showed Friday, a development likely to add pressure on the European Central Bank to ease its monetary policies.</p> <p>The National Statistics Institute said consumer prices in the eurozone's fourth-largest economy fell 0.2 per cent in March compared with a year earlier.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140328/spains-deflation-rate-02-cent-ups-pressure-european-central-" target="_blank">read more</a></p> Economics Euro European Central Bank Inflation Technology The Canadian Press Fri, 28 Mar 2014 18:06:06 +0000 The Canadian Press 6107858 at http://www.globalpost.com Spain barely misses 2013 deficit target http://www.globalpost.com/dispatch/news/afp/140328/spain-barely-misses-2013-deficit-target-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spain reported Friday it had barely missed its deficit-cutting target for 2013, hailing the result as a significant achievement in a year of job-wrecking recession.</p> <p>Spain's public deficit fell to the equivalent of 6.62 percent of total economic output in 2013 from 6.84 percent in 2012, just failing to meet a 6.5-percent target, Budget Minister Cristobal Montoro told a news conference.</p> <p>"It is a positive figure, especially because it was a year of recession," Montoro said. </p> <p>"Spain is reducing its public deficit," he added. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140328/spain-barely-misses-2013-deficit-target-0" target="_blank">read more</a></p> Business Economy of the European Union Euro Europe Health Labor Social Issues AFP Fri, 28 Mar 2014 15:36:04 +0000 Agence France-Presse 6107722 at http://www.globalpost.com Eurozone consumers bullish despite Crimea crisis http://www.globalpost.com/dispatch/news/afp/140328/eurozone-consumers-bullish-despite-crimea-crisis <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Eurozone consumers and businesses have shrugged off the Crimea crisis and are at their most confident for two and a half years, a survey from the European Commission showed on Friday.</p> <p>The Commission's index of consumer and business sentiment for March rose for the 11th month in a row, hitting a 30-month high of 102.4 points.</p> <p>Sentiment rose strongly in the countries on the edge of the eurozone where the debt crisis hit hardest. The index was up 2.2 points in Spain and 1.3 points in Italy.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140328/eurozone-consumers-bullish-despite-crimea-crisis" target="_blank">read more</a></p> Business Economic history Economy of the European Union Euro AFP Fri, 28 Mar 2014 12:18:35 +0000 Agence France-Presse 6107493 at http://www.globalpost.com Asian shares broadly up after Wall St rally http://www.globalpost.com/dispatch/news/afp/140326/asian-shares-broadly-after-wall-st-rally-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Asian markets mostly rose Wednesday following a rally on Wall Street as dealers welcomed a better-than-expected jump in US consumer confidence to a six-year high, while there was muted response to a missile test by North Korea.</p> <p>The euro eased slightly after the European Central Bank suggested it would be willing to further loosen monetary policy as it grapples with low inflation.</p> <p>Tokyo added 0.37 percent, or 53.97 points, to finish at 14,477.16, buoyed by investors picking up stocks to lock in dividends before the new tax year starts in April.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140326/asian-shares-broadly-after-wall-st-rally-1" target="_blank">read more</a></p> Currency Economy of the European Union Euro Technology AFP Wed, 26 Mar 2014 12:56:58 +0000 Agence France-Presse 6105278 at http://www.globalpost.com Asian stocks muted amid dearth of market-moving news but European shares and US futures rise http://www.globalpost.com/dispatch/news/the-canadian-press/140325/asian-stocks-muted-amid-dearth-market-moving-news-european-s <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>MANILA, Philippines - Asian stock markets were muted Tuesday with little news to excite investors, but European shares and U.S. futures were mostly higher.</p> <p>In early European trading, Britain's FTSE 100 was up 0.8 per cent at 6,571.0 and Germany's DAX rose 0.8 per cent at 9,258.50. France's CAC-40 climbed 0.9 per cent at 4,314.48.</p> <p>Futures augured slightly higher opening on Wall Street, with S</p> <p>Japan's Nikkei 225 closed 0.4 per cent lower at 14,423.19. Hong Kong's Hang Seng fell 0.5 per cent to 21,732.32 while China's Shanghai Composite rose 0.5 per cent at 2,067.31.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/140325/asian-stocks-muted-amid-dearth-market-moving-news-european-s" target="_blank">read more</a></p> Business Economy of the European Union Euro Futures contract The Canadian Press Tue, 25 Mar 2014 12:33:48 +0000 The Canadian Press 6104029 at http://www.globalpost.com Asian stocks muted amid dearth of market-moving news but European shares and US futures rise http://www.globalpost.com/node/6104030 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>MANILA, Philippines - Asian stock markets were muted Tuesday with little news to excite investors, but European shares and U.S. futures were mostly higher.</p> <p>In early European trading, Britain's FTSE 100 was up 0.8 per cent at 6,571.0 and Germany's DAX rose 0.8 per cent at 9,258.50. France's CAC-40 climbed 0.9 per cent at 4,314.48.</p> <p>Futures augured slightly higher opening on Wall Street, with S</p> <p>Japan's Nikkei 225 closed 0.4 per cent lower at 14,423.19. Hong Kong's Hang Seng fell 0.5 per cent to 21,732.32 while China's Shanghai Composite rose 0.5 per cent at 2,067.31.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/node/6104030" target="_blank">read more</a></p> Business Economy of the European Union Euro Futures contract The Canadian Press Tue, 25 Mar 2014 12:33:48 +0000 The Canadian Press 6104030 at http://www.globalpost.com European stocks push higher after wobble http://www.globalpost.com/dispatch/news/afp/140321/european-stocks-push-higher-after-wobble <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>European stocks pushed higher on Friday and the euro rebounded against the dollar after falling sharply the day before on expectations of sooner-than-expected US interest rate hikes.</p> <p>London's FTSE 100 rose 0.23 percent to 6,557.17 points, the CAC 40 in Paris added 0.17 percent to 4,335.28 points, while Frankfurt's DAX 30 climbed 0.50 percent to 9,342.94 points.</p> <p>Global markets had skidded in early trading Thursday after new Fed chief Janet Yellen said a US rate rise could come "around six months" after the bank's stimulus programme ends. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140321/european-stocks-push-higher-after-wobble" target="_blank">read more</a></p> Economy of the European Union Euro Labor Stock market AFP Fri, 21 Mar 2014 19:08:57 +0000 Agence France-Presse 6101758 at http://www.globalpost.com