Global stock markets bounced back on Tuesday as better-than-expected US economic data helped offset persistent concerns about Europe's debt crisis but the euro slipped again after steadying. Dealers said investors were encouraged by comments from EU officials that EU states would seek

The world economy has undergone "by far the greatest financial crisis globally ever," Greenspan said today in a speech to the Credit Union National Association's Governmental Affairs Conference in Washington. Greenspan said that while the economy was in worse shape in the Great Depression, the

The world economy has undergone "by far the greatest financial crisis globally ever," Greenspan said today in a speech to the Credit Union National Association's Governmental Affairs Conference in Washington. Greenspan said that while the economy was in worse shape in the Great Depression, the

Feb. 23 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said the financial crisis was “by far” the worst in history and called the recovery from the global recession “extremely unbalanced.” Greenspan said that while the economy was in worse shape in t

Feb. 18 (Bloomberg) -- Asian stocks fell from a two-week high as Qantas Airways Ltd.’s earnings missed analyst estimates and declining metal prices dragged down mining companies. The MSCI index fell 0.3 percent to 117.85 as of 10:39 a.m. in Tokyo, with about three stocks declining f

The 0.9 percent increase in production at factories, mines and utilities followed a 0.7 percent gain the prior month, according to the Federal Reserve in Washington. Figures from the Commerce Department today showed housing starts climbed to a 591,000 annual pace, exceeding the median forecast

By Alexander Ragir Vale SA surged the most in three months as investors speculated this year’s contracts with Chinese steelmakers will reflect a doubling in so-called spot market prices. BM&FBovespa SA jumped 3 percent on a report that Latin America’s biggest exchange is in t

The MSCI gauge of 23 developed nations’ stocks advanced 0.5 percent at 2:18 p.m. in New York. The Standard & Poor’s 500 Index rose 0.2 percent a day after the benchmark U.S. equity measure surged the most since November. The Dollar Index rallied as much as 1 percent to 80.528, weig

The 0.9 per cent increase in production at factories, mines and utilities followed a 0.7 per cent gain the prior month, according to the Federal Reserve in Washington. Figures from the Commerce Department today showed housing starts climbed to a 591,000 annual pace, exceeding the median forecast