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Market and Exchange

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  • Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery

    Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery
    On day two of my fellowship in Germany, our group of 12 American journalists learned more about the organization sponsoring our trip, the RIAS Berlin Kommission.
  • Japan government trims economic growth estimate for this year

    TOKYO (Reuters) - Japan's government slightly lowered its growth forecast for the current fiscal year due to sluggish exports and a drop in demand after the April sales-tax hike, but the forecasts were largely in line with the Bank of Japan's projections....

    Sterling near two-year high vs euro, caution on Scotland

    LONDON (Reuters) - Sterling edged towards a two-year high against the euro on Tuesday as hedge funds and speculators sold the single currency against the dollar and pound, betting euro zone monetary policy would stay loose. The risk of a surprise in...

    Credit Suisse posts big loss after U.S. tax settlement

    ZURICH (Reuters) - Credit Suisse Group AG reported its biggest quarterly loss since the peak of the financial crisis in 2008, the result of a 1.6 billion Swiss franc ($1.78 billion) settlement with U.S. authorities over helping its clients evade taxes....

    U.S. consumer inflation rises on high gasoline prices

    U.S. consumer inflation rises on high gasoline prices
    WASHINGTON (Reuters) - U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures. The Labor Department said on Tuesday its Consumer Price Index...