The ghost of a marginalized Greek stock market, as it was before the country’s access to the eurozone, is now haunting Athinon Avenue, threatening to turn into a bunch ... Read More
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes ... Read More
Gold tumbled to a more than five-year low Monday, and China shares drifted lower after authorities’ weekend move to tighten the use of informal lending channels by stock investors. ... Read More
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb ... Read More
Piling on more debt is the worst possible way to correct structural trade and productivity imbalances. In Greece and the End of the Euroland Fantasy, I suggested the trade ... Read More
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this ... Read More
The 900-million-euro increase in the cash available to the Greek credit system and the lifting of the uncertainty with the passage through Parliament of the prior actions required for ... Read More
China today is very similar to Japan in 1990, and the world’s No. 2 economy should be wary of repeating the policy mistakes of Japan It’s a tale of ... Read More
BARCLAYS deputy chairman Sir Mike Rake has become the second casualty of newly-installed chairman John McFarlane in a week, after he confirmed plans to leave the bank “by the ... Read More
Chinese shares swung back to positive territory Thursday, as hundreds of shares resumed trading, while markets elsewhere in Asia rose after Greece approved austerity measures to secure a bailout. ... Read More
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