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Business 12 Mar 2006 | 12:00 AM

Bond market jitters give pause

Wall Street is struggling to gain traction in the face of bond market jitters, leaving the short-term outlook murky for stocks, analysts say.

Business 05 Mar 2006 | 12:00 AM

Good economic news spurs speculation on Japan central bank shifting gears

TOKYO: For five years, the Bank of Japan has kept interest rates at zero and flooded the banking system with trillions of yen -- all to encourage lending and spur a recovery in this long-stagnant economy.

Business 27 Jan 2006 | 12:00 AM

Leading British forecaster says global growth slow

LONDON: A leading British forecasting group presented a gloomy outlook for global growth Friday, warning that the euro area remains weak while the economic outlook for the United States has deteriorated.

Business 13 Jan 2006 | 12:00 AM

European stocks end mixed

LONDON: European telecommunications companies took a beating Thursday after France Telecom warned that sales growth would be worse than expected this year.

Business 30 Dec 2005 | 12:00 AM

Italy names Mario Draghi as new central banker

ROME: Italy has named outsider Mario Draghi as the central bank's new governor, moving swiftly to contain the fallout from a banking scandal that caused his predecessor's resignation.

Business 09 Dec 2005 | 12:00 AM

Surprise rise in S. Korea’s interest rate to 3.75%

South Korea's central bank unexpectedly raised its benchmark interest rate, the second increase in three months, to prevent inflation accelerating.

Business 02 Dec 2005 | 12:00 AM

European stocks advance to 2005 high

LONDON: European shares advanced to a 2005 high Thursday after the first interest-rate hike on the Continent in five years, as markets interpreted comments from European Central Bank Jean-Claude Trichet to mean that there would only be a limited number of subsequent rate hikes and as energy sector and MA moves offered support.

World 02 Dec 2005 | 12:00 AM

Greenspan farewell, trade and economy dominate G7

LONDON (Reuters) - Finance ministers from the world's richest nations headed for London on Friday to discuss free trade and the world economy as well as say farewell to Alan Greenspan, who soon bows out after 18 years as U.S. central bank chief.

Business 01 Dec 2005 | 12:00 AM

ECB likely to raise interest rate to 2.25%

FRANKFURT, Germany: The European Central Bank is poised to adjust the euro zone's interest rate Thursday for the first time in more than two years, likely voting for an increase to head off what it said were fears of inflation down the road.

Business 01 Dec 2005 | 12:00 AM

European stocks end lower

LONDON: European shares closed lower Wednesday, with miners and banks among the decliners.