Analysis: Japan shock therapy risks disturbing emerging markets
NEW YORK (Reuters) - A steady flow of cash into emerging markets could become a flood as the Bank of Japan's huge stimulus program may prompt the nation's investors to...
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India says current account deficit could be halved in 1-2 years
NEW YORK (Reuters) - Indian Finance Minister P. Chidambaram said on Wednesday he expected his country's current account deficit for the 2012/13 fiscal year that ended in March to be...
Scotland’s Salmond would consider non-nuclear NATO bases
NEW YORK (Reuters) - Alex Salmond wants to see an independent Scotland free of submarines laden with nuclear missiles, but he says he is open to hosting NATO bases without...
S&P downgrades Cyprus credit rating to CCC from CCC-plus
NEW YORK (Reuters) - Standard & Poor's cut the sovereign long-term foreign currency credit rating on Cyprus deeper into junk status on Thursday, lowering the rating to CCC from CCC-plus...
S&P revises Mexico sovereign credit outlook to positive
NEW YORK (Reuters) - Standard & Poor's revised up its outlook for Mexico's sovereign debt on Tuesday, pointing to good prospects for deep economic reforms in Latin America's No. 2...
Lebanon GDP growth hampered by Syria conflict: minister
NEW YORK (Reuters) - Lebanon's small, open economy is not expected to grow particularly fast in 2013 due to uncertainty caused by sectarian violence in neighboring Syria, economy and trade...
Moody’s strips Britain of triple-A rating in major blow to Osborne
LONDON/NEW YORK (Reuters) - Britain suffered its first ever sovereign ratings downgrade from a major agency on Friday when Moody's stripped the country of its coveted top-notch triple-A rating, dealing...
Italy finmin says officials committed to market exchange
NEW YORK (Reuters) - Italian Finance Minister Vittorio Grilli said on Monday that there is strong support from the Group of Seven for market-determined currency rates, a comment that comes...
Exclusive: Israeli finance chief expects cuts to defense spending
NEW YORK (Reuters) - Israeli Finance Minister Yuval Steinitz, fresh from a record-setting sale of Israeli bonds to investors in Florida, said on Monday that balancing the government budget will...
Exclusive: Israeli finance chief expects cuts to defense spending
NEW YORK (Reuters) - Israeli Finance Minister Yuval Steinitz, fresh from a record-setting sale of Israeli bonds to investors in Florida, said on Monday that balancing the government budget will...