Commerzbank shares slump on outlook, despite 20% profit rise By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank 5% on Friday, despite a big jump in net profit… Read More

14 March 2023, 08:14 | Updated: 14 March 2023, 08:20 Joe Biden reassured Americans that their savings were safe. Picture: Getty Joe Biden has promised to do… Read More

Borsa Istanbul suspends trading after slide * Moody’s cuts Egypt rating by a notch to B3 * Fitch raises China 2023 growth forecast to 5% * Russian rouble slides to one-month low vs dol… Read More

Torsten Asmus It really got going Tuesday. Chinese “big four” bank CDS each surged about 10 bps, the largest single-session gains since the July 15th peak “risk off.&rdq… Read More

The DAX index has posted sharp losses in the Monday session. Currently, the index is at 11,993 points, down 0.93% on the day. There are no key events in Germany or the eurozone. German Indus… Read More

LONDON (Reuters) – Global stocks slid lower on Friday and were set for their worst week in more than five years, as anxiety over corporate profits added to fears about global trade an… Read More

Concerns over Italy’s banks and Britain’s national election campaign dominated holiday-thinned European financial markets on Monday, prodding stock markets lower after Asian shar… Read More

Poland’s zloty, stocks and bonds led a rally in east European markets after the government pledged to support the currency and reaffirmed its commitment to adopt the euro in 2012.Warsa… Read More

Investors were spooked by a media report that a planned bailout of US bond insurer Ambac Financial was running into snags, dealers said. Ambac and other major bond insurers have been hard h… Read More