LONDON - The single biggest risk to Britain’s nascent economic recovery is continued eurozone weakness, the Bank of England’s outgoing governor Mervyn King said in a television interview on Sunday.He called for a “credible medium term plan” to get the economy back on track ...

ATHENS - Senior euro zone officials will meet on Monday to approve payment of another 2.8 billion euros (2.35 billion pounds) in rescue loans for Greece, on condition that the country’s lawmakers approve a reform law the day before, the country’s finance minister said on ...

LONDON- Chelsea goalkeeper Petr Cech believes the battle for a place in next season's Champions League will not be resolved until the final day of the season. Cech and hisChelseateam-mates faceSwanseaatStamfordBridgeon Sunday looking to bounce back after dropping two points following Luis Suarez's ...

tokyo - The dollar was within touching distance of the 100-yen level in Asia on Monday after G20 finance leaders gave a thumbs up to Tokyo's efforts to stoke growth with huge monetary easing.The greenback fetched 99.62 yen in Tokyo afternoon trade, up from 99.52 yen in New York late Friday but ...

ZAGREB - Croatians elected European MPs for the first time Sunday but, with full EU membership three months away, low turnout suggested that euro-enthusiasm was already fading in the Balkan country. Officials in the former Yugoslav republic insisted that the vote to select the 12 lawmakers was ...

TOKYO  - The euro was steady in Asian trade on Friday after tumbling in New York on weak eurozone economic data and growing fears about a banking crisis in Cyprus.The yen firmed against the dollar, meanwhile, after the Bank of Japan's new governor Haruhiko Kuroda quashed hopes for immediate ...

SYDNEY  - The euro dipped to a two-week low for a fleeting moment on Monday, while the yen clung on to recent hard-fought gains in a session that saw little conviction with most of Asia shut for the Lunar New Year holidays.Japan, China, Hong Kong, Singapore, South Korea and Taiwan are among ...

NEW YORK - The euro hovered near an 11-month high against the dollar on Monday after data showed US durable goods orders rose more than expected last month and on growing optimism about the euro zone economy.The dollar had also earlier hit a 2-1/2-year high against the yen for a third consecutive ...

BRUSSELS  - Output at euro zone factories fell for the third straight month in November and against expectations of a rise, but Monday’s data included some evidence to back hopes that the bloc’s recession may now have bottomed.Industrial production in the 17 countries sharing the ...

SINGAPORE - The euro fell against the dollar in Asia Thursday as euphoria over the US fiscal cliff deal gave way to concerns about future budgetary rows in Washington.The single currency bought $1.3137 in afternoon Asian trade from $1.3184 in New York late Wednesday, while it was also at 114.62 yen ...

BRUSSELS  - The battered euro, written off as a dud many times during a crisis-wracked year, appears to have survived 2012, but 2013 could prove just as difficult if the economy continues to struggle.It finished the year strongly after the 17 eurozone nations earlier this month nailed down a ...

NEW YORK The euro hit a three-week high against the dollar, boosted by an encouraging German rebound in business confidence and rising hopes for a crucial aid payment to debt-wracked Greece. The euro bought $1.2973 at 2200 GMT, compared with $1.2884 at the same time Thursday. It climbed to 106.90 ...

TOKYO  - The euro rose against the dollar and yen in Asian trade on Monday as dealers look to a eurozone finance ministers' meeting later in the day after Greek lawmakers approved a new austerity budget.The single currency bought $1.2727 in Tokyo trade, up from $1.2709 in New York late Friday ...

TOKYO - The euro held steady in Asian trade Friday after news that European Union leaders had clinched a deal on setting up a banking union despite differences between heavyweights France and Germany.The unit bought $1.3072 and 103.69 yen in Tokyo early afternoon trade, compared with $1.3067 and ...

TOKYO  - The euro strengthened in Asian trade on Tuesday as sentiment on debt-addled Greece improved, while the dollar got a boost against the yen thanks to better-than-expected US retail sales data.The common currency bought $1.2963 and 102.24 yen in Tokyo afternoon trade, from $1.2950 and ...

TOKYO  - The euro was held below $1.30 in Asian on Tuesday after falling in New York on persistent concerns over Europe's debt problems and the health of the German economy.The single currency fetched $1.2934 and 100.62 yen in Tokyo afternoon trade, compared with $1.2928 and 100.63 yen in New ...

NEW YORK  - The euro tumbled on Monday as a disappointing survey of German business sentiment underscored economic concerns and uncertainty over Spain and Greece had investors shunning riskier assets.German business sentiment dropped for a fifth successive month in September to its lowest ...

NEW YORK - The euro gained ground on the dollar Friday amid talk that Spain was on the cusp of a rescue deal that would stabilize its finances and its banking system.The Financial Times said that EU authorities were helping Madrid craft an economic reform program that will be announced next week, ...

TOKYO  - The euro rose against major currencies in quiet Asian trade Friday as investors awaited fresh cues after a string of monetary easing plans unveiled by the US, European and Japanese central banks.The euro bought $1.2988 and 101.55 yen in Tokyo afternoon trade, up from $1.2966 and ...

NEW YORK  - The euro declined against the dollar on Wednesday, reversing some of the previous session’s gains, though losses were limited by optimism the European Central Bank will act decisively to tackle the debt crisis.Major currencies held in tight ranges as investors awaited a key ...

NEW YORK  - The euro edged higher against the dollar on Monday after a bigger-than-expected drop in German business sentiment raised hopes the euro zone’s largest economy will do more to revive the bloc’s growth.Sentiment towards the euro remained uncertain as markets awaited a ...

NEW YORK - The euro weakened against the dollar amid speculation about potential European Central Bank bond buying and jitters over Greece's precarious debt bailout.The euro was traded at $1.2512 around 2100 GMT, dipping from $1.2562 at the same time Thursday.The European currency slipped to 98.43 ...

TOKYO - The euro held steady against other currencies in Asia on Wednesday as investors waited for upcoming talks on debt-ridden Greece.The euro bought $1.2465 and 98.80 yen in Tokyo afternoon trade against $1.2470 and 98.84 yen late Tuesday in New York where the beleaguered currency rose on ...

TOKYO - A euro rally fizzled in Asian trade Thursday after the beleaguered unit briefly rose on cautious optimism over the latest steps to battle Europe's debt crisis amid signs of further US stimulus.The common currency bought $1.2139 and 94.93 yen in Tokyo afternoon trade, down from $1.2153 and ...

PARIS  - The euro zone is not in danger of breaking up despite some analysts' worse case scenarios, European Central Bank President Mario Draghi said, judging that the bloc was inevitably marching towards closer union among its members.Asked in an interview with French newspaper Le Monde if ...

TOKYO  - The euro was firmer in Asian trade on Tuesday, after the unit pared a sharp rally late last week, with investors now focusing on a European Central Bank (ECB) rate-setting meeting.The common currency was quoted at $1.2600 and 100.44 yen in Tokyo afternoon trade, modestly higher than ...

TOKYO - The euro rose in Asian trade on Tuesday, but gains were limited after Spain's borrowing costs hit a record high and optimism over Greek elections -- which had sent the unit soaring -- faded.The common currency was changing hands at $1.2603 and 99.54 yen in Tokyo afternoon trade, up from ...

LONDON- Whether the euro lives or dies, the chaotic way Europe has tackled the crisis could undermine the region’s geopolitical clout for years to come and leave it at a distinct disadvantage in a rapidly changing world.With an apparently never-ending series of last-minute summits and ...

NEW YORK - The euro managed to slow losses against the dollar on Friday as traders eyed the possibility of fresh elections in Greece.The euro fell a fraction of a percent $1.2921 by 2200 GMT, down from $1.2939 late on Thursday.“This is the fifth day without a firm government in place for ...

TOKYO  - The euro held steady against the dollar in Asian trade on Tuesday amid expectations that the United States will maintain its monetary easing policy to boost its plodding economy.The euro eased slightly in Tokyo afternoon trade but was relatively firm at $1.3350, compared with $1.3356 ...