Greece will give its response to the Troika Monday

Sunday, February 5th, 2012

The three-party coalition government in Greece have agreed on a reduction in public spending of 1.5% of GDP in 2012 and will give an answer to the proposal of creditors country's international Monday at noon (1000 GMT). "Political leaders should give an answer in principle tomorrow afternoon (the ...

The Tokyo Stock Exchange finished up 0.76%

Thursday, February 2nd, 2012

The Tokyo Stock Exchange finished up Thursday for the third straight session, gaining 0.76%, driven by strong economic indicators judged from the United States and China. The Nikkei gained 67.03 points to 8876.82 points and the Topix, broader took 4.49 points (0.59%) to 762.45 points. Sony, which just announced its ...

Monday, November 14th, 2011

The European Commission will Wednesday unveil new rules for new rules to limit the power of rating agencies. The suspension of a rating and the attack to justice agencies include planned. Moody's in New York. The "blunder" by Standard and Poor's comes almost timely for the European Commission. Brussels ...

Thursday, November 3rd, 2011

Swiss Re on Thursday posted quarterly results significantly better than expected but declined to give an assessment of damage caused by floods in Thailand. Net income for the Swiss reinsurer has more than doubled in the third quarter to $ 1.35 billion (988 million) against 618 million in the ...

Tuesday, November 1st, 2011

In Milan, Intesa Sanpaolo sells 15.41% "This announcement is likely to penalize the performance of the banking sector, given the uncertainty it generates on the implementation of the Europe Agreement on Greek debt," say analysts at Natixis. Lionel Garden, head of institutional sales at Assya Capital, believes that ...

One in three French waives heal lack of money

Friday, September 30th, 2011

29% of French people have given up or postponed medical care this year because of financial difficulties. In the three quarters of cases, this includes dental care. According to a survey conducted in June 2011 for the Circle Health and Europ Assistance, 29% of French say they have postponed ...

Wall Street has suffered from the pessimistic picture of the Fed

Wednesday, September 21st, 2011

Wall Street fell sharply Wednesday, investors have been stung by the bleak economic conditions compiled by the U.S. Federal Reserve even as it announced new measures to support the activity. The Dow Jones Industrial 30 yielded 2.49%, or 283.82 points at 11,124.84. The S & P-500, wider, lost 35.33 ...

European shares destabilized late in the session

Friday, September 16th, 2011

European shares ended Friday in a piecemeal, after a session mainly positive, the market was affected late in the session with a new access to concerns about the ability of Europe to address the crisis of the euro. Rumors that Moody's had placed the sovereign rating on negative watch ...

The French trade deficit will break all records

Thursday, September 15th, 2011

Foreign trade is expected to result in a deficit of 75 billion euros, exceeding the 2008 record dark when France posted 56 billion euros of trade imbalance. View of the Port of Marseille 2011 is the year the trade deficit lights will beat his sorry record. The trade imbalance ...

Bank stocks collapsed in Paris on debt fears

Wednesday, August 10th, 2011

"The evolution of spreads over France and Germany could be a sign that markets are increasingly concerned about the ability of the eurozone countries to support the weakest of the EU," Fitch wrote. At the Paris Bourse, the fall of the SocGen action sailed around 18.5% to 16.15 after ...