Asian Markets Rebound on G-8 Meeting
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Asian markets rebounded Monday after G-8 leaders affirmed they want Greece to remain in the euro zone, while Chinese Premier Wen Jiabao raised hopes of further policy easing.
Author Archives: WSJ.com: World Markets
Europe’s Banks Fear Flight of Deposits
The European Continent's financial system remains vulnerable to the prospect that stampedes of customers could yank their deposits from institutions perceived as shaky.
Iceland Looks to Recovery
Thanks to a devalued currency, the country has turned its trade deficit into a surplus and smoothed its recovery.
Europe Weighs Exit Scenario
Europe has begun to prepare for a possible Greek exit from the euro zone ahead of elections next month that are fast becoming a referendum on the country's membership in the common currency.
Iceland Emerges as an Island of Recovery
Thanks to a devalued currency, the country has turned its trade deficit into a surplus and smoothed its recovery.
In Euro Crisis, Iceland Emerges as an Island of Recovery
Thanks to a devalued currency, the country has turned its trade deficit into a surplus and smoothed its recovery.
Fresh Worries Hit Spain
Jittery U.K. customers of one of Spain's biggest lenders pulled out funds on Friday, and bad debts held by Spanish banks rose to a 17-year high, underscoring the challenges facing the country's financial sector.
Worst Week for European Stocks In 8 Months
The Stoxx 600 fell for the fifth consecutive session, pressured this time by concerns over slowing growth in China. Bank stocks rose amid speculation about a ban on short-selling.
Japan 10-Year Yield at 9-Year Low
The fall in Japan's benchmark 10-year government bond yield confirmed the popularity of the country's debt as a safe haven amid renewed concerns about the U.S. economic outlook and continued fears over Europe's debt crisis.
European Stocks Off Lows
European stock markets staged a mild recovery after a report of a short-selling ban on Spanish banks, which pushed the euro up a little against the dollar and led sovereign bond spreads to narrow.
Yields Sink on Haven Bonds
Nervous investors piled into haven bonds, pushing short-term German yields close to zero, as a raft of Spanish bank downgrades further jolted sentiment already weakened by fears of a Greek exit from the euro zone.
Indian Shares End Higher
Indian shares closed higher, rebounding from a more than four-month intraday low, helped by a rally in bank shares after better-than-expected results from State Bank of India.