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Gold Strikes Three-Month High and Stocks Rise Ahead of US Fed Reserve Chief Yellen's Testimony
Yellen's testimony to be released at 13:30GMT and hearing to begin at 15:00GMT.
World Shares Plunge Over US Slowdown and Emerging Markets Concerns
Investors switch to German, US government bonds and Japanese yen.
Latvia Prepares to Join Euro Zone
Stronger US Dollar Will Impact Global Currencies in 2014
Euro and yen among major currencies anticipated to fare the worst.
IKEA to Give Staff €100m Pension Contribution in New Loyalty Programme
Workers who have been with the firm for more than five years will be awarded.
Libor and Euribor Fix Scandals: EC Fines Eight Banks €1.71bn for Cartels [VIDEO]
Barclays, Deutsche Bank, Société Générale, RBS, UBS, JPMorgan, Citigroup and RP Martin part of rate-fixing cartels.
Oil Futures Drop on US Inventory Build-up and Dip in Demand
December contract rates fall on increased supplies and stronger dollar.
Alcatel-Lucent to Cut 10,000 Jobs Worldwide as Part of €1bn Cost Saving Plan
Chief executive officer Michel Combes says the employer is "regaining control of its destiny".
Asian Markets Mostly Closed but Australian Stocks Trade Higher
Most of the Asian markets remain closed for Lunar New Year holidays.
European Markets Gain on Hopes of Chinese Economy
Traders remained upbeat as the Euro hit a six-week high as improved manufacturing data from China added to hopes of economic recovery in the world's second largest economy.
Alan Greenspan Calls Europe a 'Leaking Boat' with Holes
Europe's problems would affect the rest of the world including the US if the region does not come out with a solution to the crisis, says Alan Greenspan.
Greece: Finance Minister Vassilis Rapanos Quits Citing Ill Health
Vassilis Rapanos would have been a key negotiator with EU officials on bailout terms.
Asian Markets and Euro Surge after Greek Election Results [VIDEO]
Japan's Nikkei, Hong Kong's Hang Seng, South Korea's Kospi and China's Shanghai Composite all edged up.
Euro or Drachma? Greeks Set to Decide on the Fate of Single Currency
The crucial Greek vote will set the stage for the country's continuation or exit from the single currency zone.
Markets and Euro Surge after Spain's Bank Deal [VIDEO]
The MSCI Asia Pacific index, Hong Kong's Hang Seng and China's Shanghai Composite index all witnessed rises.
Eurozone Crisis: Angela Merkel Urges Gradual Political Union for Eurozone
Prime Minister David Cameron pledged to protect Britain's interest in the eurozone.
Global Markets Improve As G7 Set to Hold Emergency Talks
Emergency G7 talks on eurozone crisis gives a ray of hope for global markets.
EU and ECB Want Urgent Action over Euro Survival
Political and financial officials seek clear vision and policy action from Europe's leaders to save the single currency.
Will Euro Touch Its 2012 Lows?
The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.
Euro Nears To Two-Year Low Against Pound on Bleak Data
The euro continued to weaken against the British pound to reach a near-two-year low on Wednesday, after the release of dismal economic data showing that the region is heading towards a deepening recession.
Unexpected UK Growth News to Drive British Pound Sterling Higher in April
The April outlook for British Pound Sterling is expected to be resilient, mainly due to recent PMI data releases about services sector, construction and manufacturing of the UK economy and also struggling eurozone economy.
Greece Bailout Deal Rallies Euro after All-night Talks
Finance ministers finally thrash out agreement to shore up Greece and bolster shaken currency market.
Moody's Lowers UK Outlook and Downgrades Six Others
UK's AAA credit rating in danger after Moody’s puts country on negative watch along with France and Austria.