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European shares are called to open flat Thursday after shares saw no more than small gains overnight in Asia, reflecting concerns about sovereign debt in Europe. The FTSE 100 [.FTSE 5634.74 39.19 (+0.7%) ] is expected to open lower by 6 points, the DAX [.GDAXI 6674.73 --- UNCH ] is seen higher by 16 points [...]

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European stocks climbed, snapping a three-day decline, as companies from Telecom Italia SpA (TIT) to BASF SE (BAS) reported earnings. U.S. index futures and Asian shares advanced. Telecom Italia, the country’s biggest phone company and BASF, the world’s largest chemicals maker, rallied 6.1 percent and 1.9 percent, respectively. Eiffage SA jumped 11 percent after the [...]

The yen fell to six-month lows on the greenback on Monday, while commodity currencies jumped after China’s central bank joined other major counterparts globally in stimulating growth. The dollar [JPY= 79.42 -0.19 (-0.24%) ] jumped to 79.65, surpassing the October peak around 79.55 scaled after Japanese authorities intervened in markets to weaken their currency. It [...]

Eurozone finance ministers have made a series of demands for Greece to get a 130bn euro ($170bn; £110bn) bailout. They said the Greek parliament would have to approve the terms of a package of cuts and reforms agreed with the EU and the International Monetary Fund. In addition, Athens must find a further 325m euros [...]

A eurozone recession could almost halve Chinese growth this year, according to the International Monetary Fund (IMF). The IMF forecasts China’s economy will grow by 8.2% this year – but warns that a recession in the eurozone could cut this to 4.2%. It said Beijing should get ready to inject billions of dollars into the [...]

Greek Prime Minister Lucas Papademos struck a tentative deal with political parties on austerity measures demanded by international creditors as European leaders maintained pressure to complete terms for a 130 billion-euro ($171 billion) rescue package. Chiefs of the three parties supporting Papademos’s interim government were due to meet with the premier at about midday to [...]

China is considering increasing its participation in the rescue funds aimed at resolving the European debt crisis, Chinese Premier Wen Jiabao told journalists on Thursday. But Wen did not made any explicit financial commitments for the European Financial Stability Facility (EFSF) or the upcoming European Stability Mechanism (ESM). At a joint media briefing in Beijing [...]