Archive August 2012

Avoid ideology over ECB bond-buying: Nowotny

Published 31/08/2012

ALPBACH, Austria (Reuters) - ECB Governing Council member Ewald Nowotny called on Friday for ideological differences over whether the European Central Bank should buy bonds [more…]

Japan’s surprisingly weak industrial output darkens economic outlook

Published 31/08/2012

TOKYO (Reuters) - Japan's industrial output unexpectedly fell as factories cut output to key Chinese and European markets while a leading indicator for manufacturing hovered [more…]

Former Murdoch executive held in UK hacking inquiry

Former Murdoch executive held in UK hacking inquiry

Published 30/08/2012

LONDON (Reuters) - Tom Crone, a former senior legal executive at Rupert Murdoch's British newspaper business, has been arrested by police investigating allegations of phone-hacking [more…]

ECB aid mustn’t let euro zone indebted off hook: Fetker

ECB aid mustn’t let euro zone indebted off hook: Fetker

Published 30/08/2012

ALPBACH, Austria (Reuters) - Any support the European Central Bank provides to struggling euro zone members should not ease the pressure on those countries to [more…]

China’s Premier Wen says confident Europe will beat crisis

China’s Premier Wen says confident Europe will beat crisis

Published 30/08/2012

BEIJING (Reuters) - China's Premier Wen Jiabao said on Thursday he is confident the crisis-stricken euro zone can survive its nagging debt crisis, but warned [more…]

Yahoo! fires Washington news chief over Republican joke

Yahoo! fires Washington news chief over Republican joke

Published 29/08/2012

(Reuters) - Yahoo! News fired its chief political correspondent on Wednesday for an off the cuff remark about Republicans partying "with black people drowning". David [more…]

Markets will wait for ECB silver bullet, but not for long

Markets will wait for ECB silver bullet, but not for long

Published 29/08/2012

LONDON (Reuters) - Investors have put their faith in the European Central Bank's ability to get on top of the euro zone debt crisis and [more…]

Spain, EU in agreement over bad bank terms: minister

Spain, EU in agreement over bad bank terms: minister

Published 29/08/2012

MADRID (Reuters) - The Spanish government and European Union officials are in agreement on the general terms for creating a bad bank to hold toxic [more…]

German leader looks to reassure Chinese on euro

Published 28/08/2012

BERLIN (Reuters) - Germany's Angela Merkel makes her second trip to China in half a year this week, hoping to strengthen booming trade ties and [more…]

Merkel backs Weidmann, warns allies on Greece rhetoric

Merkel backs Weidmann, warns allies on Greece rhetoric

Published 26/08/2012

BERLIN (Reuters) - German Chancellor Angela Merkel voiced support for Bundesbank chief Jens Weidmann on Sunday, saying she welcomed his warnings about the handling of [more…]