→ Subscribe



Browsing Tag »debt«

→  December 17, 2011

By Richard Leong NEW YORK | Fri Dec 16, 2011 9:24pm EST NEW YORK (Reuters) – World stocks were mixed and the euro was flat on Friday as worries about downgrades of weaker euro zone countries curbed risk appetite, pushing aside an improved outlook on the U.S. economy. Volume was below average across financial markets [...]

→  December 14, 2011

By Alex Richardson SINGAPORE | Tue Dec 13, 2011 10:29pm EST SINGAPORE (Reuters) – Asian shares drifted lower and the euro floundered near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis. Wall Street stocks fell [...]

Wall St edges up with eyes on EU summit →  December 7, 2011

NEW YORK (Reuters) – Hopes the euro zone will figure out a solution to its ongoing debt crisis inspired enough buying to push stocks to a third day of gains on Wednesday in light trading. Euro zone nations are expected to vote on Friday on an agreement hashed out between Germany and France to tighten [...]

→  December 6, 2011

By Luke Baker and David Lawder BRUSSELS/BERLIN | Tue Dec 6, 2011 5:41pm EST BRUSSELS/BERLIN (Reuters) – Treasury Secretary Timothy Geithner threw his weight on Tuesday behind a Franco-German plan to tackle the euro zone’s sovereign debt crisis and said the European Central Bank had to play a major role in any solution. Geithner offered [...]