The magic money tree

IT IS hardly surprising that the markets are having second thoughts about last week's euro zone rescue deal.

Investors to shift focus from Europe to US economy

Encouraging news from Europe helped ignite stock prices in October. This week, investors will shift their focus to U.S. economic data, which might temper their exuberance.

No quick deal with China: Euro bailout fund chief

The head of the euro zone bailout fund on Friday ruled out a quick deal with China on buying more of its debt.

Euro zone sovereign debt crisis not over: ECB President Jean-Claude Trichet

European Central Bank President Jean-Claude Trichet said in an interview in a German newspaper to be published on Sunday that the euro zone sovereign debt crisis was not yet over and that it was too early for the all-clear signal.

Record borrowing costs put Italy at centre of crisis

Fear made a swift return to the eurozone yesterday as Italy faced record borrowing costs in its first attempt to tap the markets since European leaders came up with new plans to rein in the sovereign debt crisis.