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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.
  • Yen stabilizes as market fears about Portugal ebb

    NEW YORK (Reuters) - The Japanese yen was stable against the U.S. dollar, after jumping on Thursday as Portugal's largest bank sought to reassure investors about its financial stability. Banco Espirito Santo said on Thursday night that loan losses to the...

    Portugal's PM tries to soothe investors; BES says can cover any losses

    LISBON (Reuters) - Portugal's government and central bank assured investors on Friday that the southern European country's financial system was sound, aiming to quell worry about the spillover effects of trouble at the Espirito Santo business empire. "It...

    Calm descends on markets as Portugal fears dwindle

    Calm descends on markets as Portugal fears dwindle
    LONDON (Reuters) - European stocks eked out a gain and Italy paid a record low yield at two bond auctions on Friday, as investors shrugged off any threat of contagion from a Portuguese bank's problems. European shares were still on track to post their...

    Faltering Germany casts cloud over fragile euro zone

    BRUSSELS (Reuters) - Germany's faltering economy has cast further doubt over the euro zone's prospects for recovery this year, with no other big country strong enough to pick up the slack. Since late last year, the 18 countries using the euro have been...