Global Markets News
DUBLIN - Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for euro zone efforts to resolve its debt crisis, its finance minister said on Friday.
MOSCOW - Russia's central bank said on Friday it had withdrawn the licenses of three more banks in a crackdown on shady financial activities a day after President Vladimir Putin renewed a drive to stem capital flight.
BEIJING - China's leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they wrapped up a closed-door meeting on Friday, state radio reported.
LONDON - The dollar and euro rose to five-year highs against the yen on Friday, driven by upbeat U.S. data ahead of the Federal Reserve's meeting next week and dwindling excess cash in the euro zone banking system.
FRANKFURT - Banks will return a blockbuster 22.65 billion euros ($31.15 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, as they get into shape for an upcoming balance sheet review.
LONDON, Dec 13 - European shares hit fresh two-month lows on Friday on concerns the U.S. Federal Reserve may start trimming its stimulus from next week, but analysts said further losses may be limited by strong technical support levels.
TOKYO, Dec 19 - Japan's Nikkei share average is set to test eight-month highs above 10,000 on Wednesday as investor appetite is boosted by signs of progress in the U.S. fiscal talks and expectations of aggressive monetary easing under the new Japanese government. Market players said the Nikkei was likely to trade between 9,950 to 10,100 on Wednesday, after Nikkei futures in Chicago closed at 10,030, up 90 points from the close in Osaka of 9,940. If the Nikkei tops the 10,000
HONG KONG, Dec 13 - Hong Kong shares trimmed weekly losses on Friday, with the Chinese banking sector leading a tepid rebound after it was hit this week by worries Beijing would lower 2014 growth targets and signs of quicker interest rate liberalisation.