Feb 14, 2017 at 12:57 | Source: Moneycontrol.com
According to Angel Broking, Euro traded lower by 0.39 percent (EURUSD) and 0.23 percent (EURINR) yesterday owing to rising fears in the markets with respect to the upcoming French elections and the Greek debt crisis which has pushed the borrowing costs in debt markets higher for the two countries over the past week.
Feb 08, 2017 at 09:00 | Source: PTI
A standoff between the eurozone and the International Monetary Fund has dragged on for months, raising fears of a new debt crisis and sparking fresh talk of Greece tumbling out of the euro.
Jan 31, 2017 at 13:10 | Source: Moneycontrol.com
Since the 2008-09 Global Financial Crisis (GFC), internationally fiscal policy has seen a paradigm shift from the emphasis on debts to deficits, arguing for greater activism in flows (deficits) and minimizing concerns about sustainability of the stocks (debt).
Dec 23, 2016 at 21:18 | Source: Reuters
The penalties stem from an initiative launched by U.S. President Barack Obama to pursue banks for selling sub-prime debt without warning of the risks, a practice that led to the worst economic crisis since the Great Depression.
Dec 20, 2016 at 07:40 | Source: Reuters
The US Department of Justicehas asked Credit Suisse to pay between USD 5 billion and USD 7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with knowledge of the matter said, but the bank has resisted settling for that amount.
Dec 05, 2016 at 12:18 | Source: Reuters
The regular gathering of the 19 ministers of the currency bloc will be held in the immediate aftermath of Italy's constitutional referendum, with a defeat of Italian Prime Minister Matteo Renzi potentially putting the euro under new pressure and reigniting the smouldering euro zone crisis, further complicating the Greek talks.
Nov 16, 2016 at 12:40 | Source: Reuters
The claimants' filings allege senior managers were warned by internal risk experts for more than six months that overvalued toxic debt, including subprime mortgage bonds, had left the bank dangerously exposed to a collapse in US property prices.
Oct 17, 2016 at 10:31 | Source: Reuters
The world's second-largest economy faces nagging downward pressure due to slack global demand that has hurt its exports, as well as risks from painful reforms to cut industrial overcapacity and a growing pile of debt that some analysts fear could spark a financial crisis.
Aug 17, 2016 at 21:55 | Source: Reuters
Unrelenting demand for fixed income has pushed yields, in Europe at least, to a point where investors no longer distinguish one country's bonds from another's -- potentially storing up trouble for when focus returns to the economic drivers behind borrowing costs.
Aug 05, 2016 at 09:56 | Source: Reuters
Suzlon's purchase of German wind energy firm RePower, now renamed Senvion, for 1.4 billion euros (USD1.56 billion) in 2007 proved a costly mistake after the 2008 global financial crisis dented demand for wind turbines.