Archive for December 2012
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The eurozone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, European Central Bank President Mario Draghi
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The eurozone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, European Central Bank President Mario Draghi
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Barclays could axe as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake
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Barclays could axe as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake
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The world's first pan-African low-cost carrier Fastjet enjoyed keen demand on its first day of commercial operations, it said in a statement on Friday. "Fastjet... commenced commercial flight operations yesterday, with its first aircraft flying
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US consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic growth. Superstorm Sandy was partly to blame
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Onshore China shares ended a grim November on a bright note on Friday and Hong Kong neared its 2012 highs after local media reported Chinese Vice Premier Li Keqiang said urbanisation will drive most of
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The Nikkei average hit a seven-month closing high on Friday as a weaker yen, driven by persistent expectations the Bank of Japan will act more boldly under a likely new government after a December 16
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US stocks were little changed on Friday as investors were hesitant to make big bets ahead of a statement by President Obama on the progress of budget talks in Washington that have recently driven volatility
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US stocks finished higher on Thursday as investors bought on sporadic dips in a market roiled by conflicting comments from Washington about negotiations on an agreement to avoid the "fiscal cliff." Tech shares, including Research
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