Moody's lowers rating of 16 Spanish banks | MADRID, May 17 (Xinhua) -- Risk Qualification agency Moody's lowered its rating of 16 Spanish banks late on Thursday evening. | The move came after a difficult day on t... (photo: AP / Paul White) Xinhua Financial crisis Market Photos Spain Wikipedia: European sovereign-debt crisis EU confident Europe will overcome crisis | The head of the European Union Commission told the U.N. General Assembly on Thursday that he is "fully confident" the 17 countries using the euro and all European insti... (photo: EC / EC) Jakarta Post BAnking Commission EU Finance Photos Cameron to tell Merkel she is the only person who can save the euro | Amid growing alarm within the Treasury over the impact of the crisis on Britain, a close ally of Chancellor George Osborne warned the financial contagion in Greece coul... (photo: AP / Carl Court) The Independent Economy Europe Photos UK Wikipedia: European sovereign-debt crisis Fitch downgrades Greece on euro exit fears | Fitch, a leading credit ratings agency, has downgraded Greece a notch to CCC "vulnerable to default" rating, citing the heightened risk that the country might have to l... (photo: AP / Petros Giannakouris) Al Jazeera Economy Eurozone Greece Photos Wikipedia: Greek government-debt crisis A Clown at Cannes: Bill Murray at the Riviera Fest | CANNES, France (AP) — Clad in a plaid jacket that could have come out of Rodney Dangerfield's wardrobe in "Caddyshack," Bill Murray clashed with traditional Canne... (photo: Creative Commons / Paul Sherwood) The New York Times Awards Cannes Celebrity Photos Wikipedia: Bill Murray Europe's banks on the brink | LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as presid... (photo: AP / Martin Oeser) Reuters Business Economy Finance Photos Wikipedia: Jean-Claude Trichet Copper rebounds from 4-month lows, Greek worries cap gains | LONDON (Reuters) - Copper steadied on Thursday following hefty losses in the previous session that dragged prices to four-month lows, but gains were fragile as worries ... (photo: WN / Sayali Santosh Kadam) Reuters Business Industry Market Photos Wikipedia: Copper Greek caretaker government sworn in Athens: The Greek caretaker government, which will lead the country to the second round of national polls in June, was sworn in on Thursday morning at a ceremony held at ... (photo: AP / Thanassis Stavrakis) Zeenews Economy Greece Photos Politics Wikipedia: Greek government-debt crisis U.S. Stock Futures Inch Up By SHAWN LANGLOIS | LONDON—U.S. stocks nudged slightly higher before the opening bell on Thursday and were poised to end their recent losing streak after the Fed in... (photo: WN / Rubielyn Bunag) Wall Street Journal Greece London Photos Stock Wikipedia: Walmart We risk being shut out of financial markets, warns Spanish PM Mariano Rajoy | As Madrid's borrowing costs spiked to levels widely seen as unsustainable, Mariano Rajoy warned that there is a "a serious risk that [investors] will not lend us m... (photo: AP / Thierry Charlier) The Independent Financial Market Photos Spain Wikipedia: Mariano Rajoy Prosecutors lay out Srebrenica genocide case against Ratko Mladic | On the second day of the 70-year-old's genocide trial, Yugoslav war crimes tribunal prosecutors will focus on the bloody climax of the 1992-95 Bosnian war, when Serb fo... (photo: AP / Amel Emric) The Independent Bosnia Crimes Genocide Photos Wikipedia: Bosnian War Greece Crisis: IMF chief warns on expensive cost of Greek exit from euro Tweet ATHENS: IMF chief Christine Lagarde warned of "extremely expensive" consequences were Greece to leave the euro zone, a once taboo possibility that European leaders ... (photo: AP / Lionel Cironneau) The Times Of India Economy European Union Greece Photos Wikipedia: Economy of Greece Tokyo stocks rebound, close up 0.86% TweetTOKYO: Tokyo stocks reversed early losses to finish 0.86 percent higher Thursday, as Japan reported better-than-expected growth figures although concerns over politi... (photo: WN / Sweet Radoc) The Times Of India Economy Japan Photos Tokyo Wikipedia: Tokyo Stock Exchange World stocks mixed amid bargain-hunting vs caution | BANGKOK — Asian stocks eked out gains Thursday as traders hunted for bargains after sharp selling in recent days, but markets in Europe fell amid intensifying fea... (photo: Creative Commons / Thomas doerfer) Atlanta Journal Bangkok Economy Markets Photos Wikipedia: Mazda Investments up, stocks tumble in the Philippines | By Alito L. Malinao | MANILA, May 17 (Xinhua) -- The Philippine economy was marked by both positive and negative developments in the past few days, with a huge surge in... (photo: WN / Arturo Ubaub) Xinhua Economy Investments Market Philippines Photos Wikipedia: Philippines SAA needs state cash to renew its fleet — Gigaba | South African Airways (SAA) needed to be recapitalised by the state to allow it to renew its fleet of aircraft and roll out its African aviation strategy, Public Enterp... (photo: Creative Commons / Kleinz1) Business Day Airlines Business Photos Transport Wikipedia: South African Airways Asia stocks rise after Greece sets election date | BANGKOK — Asian stocks were mostly higher Thursday as markets adjusted to Greece's possible exit from the euro common currency and traders hunted for bargains aft... (photo: WN / Rubielyn Bunag) Springfield News-Sun Bangkok Economy Greece Photos Wikipedia: Sharp Corporation Spain borrowing costs set to rise amid Greece fears Spain's borrowing costs look set to spike on Thursday when the country's treasury sells up to 2.5bn euros (£2bn; $3.2bn) of three- and four-year sovereign bond... (photo: WN / Rubielyn Bunag) BBC News Greece Market Photos Spain Wikipedia: European sovereign-debt crisis ECB move on Greek banks adds to woes | The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the eurozone rose as Athens c... (photo: European Community / EC) Canberra Times Banks Crisis EU Greek Photos Wikipedia: European Central Bank Nikkei slips on Greece fears but Japan GDP supports Tweet | TOKYO: The Nikkei share average slipped on Thursday on heightened concerns over Greece after news that some Greek banks have been denied funding by the European C... (photo: Creative Commons / Jastrow) The Times Of India Economy Greece Japan Photos Wikipedia: Nikkei 225
