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NEIL MACKINNON
- US unemployment spike sends stocks into reverse
An unexpected increase in the US unemployment rate in November sent stocks into reverse Friday.
03 Dec, 2010, 08.34 PM IST
- Euro slumps to two-month low on Ireland rescue, Korea fears
The euro hit a new two-month low on Monday and equities struggled, as Ireland's bailout failed to ease eurozone debt concerns.
29 Nov, 2010, 06.46 PM IST
- Stress tests are debt-crisis hurdle for Europe
Results of EU stress tests to uncover the depth of rot in the continent's banking system come out later this week - and an accurate reading...
19 Jul, 2010, 10.51 PM IST
- Europe searches for way out of debt crisis
Financial mkts are betting heavily that Greece's crushing debt could drag down entire eurozone. Check out the top gainers, losers and recom...
09 Feb, 2010, 09.00 PM IST
- Europe searches for way out of debt crisis
Financial markets are betting heavily that Greece's crushing debt could drag down the entire eurozone, and that could force reluctant EU le...
09 Feb, 2010, 08.23 PM IST
- BoE holds rates at record low, retains £200-billion bond plan
The Bank of England stuck to its plan to buy as much as £200 billion ($326 billion) in bonds as officials seek to ensure the economy’s esca...
11 Dec, 2009, 01.36 AM IST
- G-7 finance ministers face dollar concerns
Finance ministers from the Group of Seven rich countries face concerns over the future of the U.S. dollar as they meet Saturday in a forum ...
03 Oct, 2009, 12.32 PM IST
- Europe's central banks set to cut rates sharply
Europe's two main central banks are under mounting pressure to cut interest rates aggressively Thursday after a run of dismal economic data...
04 Dec, 2008, 10.35 AM IST
- ECB, BoE may back Fed as its ammunition runs dry
Federal Reserve chairman Ben S Bernanke has so far shouldered most of the burden of saving the global economy and financial markets. He may...
01 Apr, 2008, 01.53 AM IST
- Fed teams up with peers to ease credit crunch
The Federal Reserve plans to ease 'elevated' short-term funding pressures by injecting cash to banks through auctions and providing $24 bil...
13 Dec, 2007, 03.14 AM IST
- King deserves new term at Bank of England helm
Mervyn King deserves a second term as Bank of England governor because his success at containing inflation outweighs concerns that he contr...
29 Nov, 2007, 04.42 AM IST
- BoE, ECB move to check rise in borrowing costs
While BoE offered extra cash, ECB is ready to help restore ‘orderly’ conditions.
06 Sep, 2007, 03.18 AM IST
- Trichet may have to scrap 'vigilance' vow on inflation
In the annals of central-banker buzzwords, “strong vigilance” is probably about to go the way of “measured pace”. Investors and economists ...
03 Jul, 2007, 01.04 AM IST
- BoE may need more rate moves to rein in consumers
Bank Of England governor Mervyn King may find Thursday’s interest-rate increase won’t be enough to deter British consumers.
12 May, 2007, 03.24 AM IST
- Dollar in doldrums, but world couldn't care less
The dollar’s almost absent-minded meandering to record lows this week has been critical to allowing the rest of the financial world carry o...
27 Apr, 2007, 03.29 AM IST
- BOE keeps key rate at 5.25%
The Bank of England kept its benchmark interest rate at a 5 1/2-year high as policy makers assessed whether three increases in the past six...
09 Mar, 2007, 03.39 AM IST