Germany

'Varoufakis problem' weighs on Greek debt talks

With incendiary interviews, an undiplomatic demeanor, a celebrity photo shoot and an obscene finger gesture, Yanis Varoufakis is becoming part of Greece's debt problem rather than the solution, or so his euro zone partners believe.

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China displaces Germany as world's third largest arms exporter: report

China has surpassed Germany to become the world's third largest arms exporter, a Stockholm-based think tank said in a report on Monday.

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Greek finance minister says liquidity problems 'insignificant': German TV

Greece's liquidity problems are "insignificant", the country's finance minister said on German television on Sunday, pledging that the Greek government would take all steps necessary to repay its debts.

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EU nears deal on $338 billion plan to tackle drop in investment

EU finance ministers agreed the details of a 315 billion euro ($338 billion) investment plan on Tuesday to help revive the European economy without piling up more debt, and now aim to get the first projects going by the end of the year.

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China tries to ditch its coal addiction, reduce energy intensity

China will boost efforts this year to rid itself of a strong addiction to coal in a bid to reduce damaging pollution as well as cut the energy intensity of its economy, which is expected to grow at its lowest rate in 25 years.

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German industrial orders plunge, darkening first-quarter growth outlook

German industrial orders fell far more than forecast in January, posting their largest drop since August, data showed on Thursday, casting a shadow over what had previously looked like a strong start to 2015 for Europe's largest economy.

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Greek PM accuses Spain, Portugal of anti-Athens 'axis'

Greece's leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year.

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Global equities hit new record as cheap money reigns

Global equities set a new record high and bond yields sank to fresh lows on Thursday as investors positioned for an extended era of cheap money ahead of the European Central Bank's looming bond-buying scheme.

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German wage deal could boost consumer-driven growth

An inflation-busting wage deal for Germany's biggest labor union agreed on Tuesday looks set to boost household spending this year after consumer activity propelled strong growth in Europe's largest economy at the end of 2014.

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Asia shares inch ahead, hostage to Fed outlook

Asian share markets crept higher on Tuesday as Tokyo scored another 15-year peak, though gains were hostage to what Federal Reserve Chair Janet Yellen might say later in the day about the likely lift-off date for U.S. rate hikes.

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Asia tentative, awaits word on Fed rate outlook

Caution gripped Asian markets on Tuesday as investors fretted over what Federal Reserve Chair Janet Yellen might say later in the day on the likely lift-off date for U.S. policy tightening.

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Greece says euro zone deal won time as cash bled from banks

Greece's left-wing government insisted on Saturday it had avoided being "strangled" by the euro zone, which agreed in principle to extend a financial rescue deal as nervous savers pulled huge sums from Greek banks.

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EU's Oettinger says Greece deal possible next week

Germany's EU Commissioner Guenther Oettinger said on Friday he thinks Greece and its creditors should be able to reach a deal but may need another meeting of euro zone leaders next week.

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Dow, S&P 500 slip with energy, Wal-Mart; Nasdaq gains

The Dow and S&P 500 eased on Thursday following declines in energy shares and a disappointing outlook from Wal-Mart, while the Nasdaq hit another 15-year high as Priceline shares jumped.

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Greece expected to seek loan extension from skeptical euro zone

Greece is expected to ask on Thursday for an extension to its "loan agreement" with the euro zone as it faces running out of cash within weeks, but it must overcome resistance from skeptical partners led by Germany.

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