_Economy and Finance

EUROPE MARKETS September 17, 2013 Property Investors Widen Hunt in Europe Buyers Are Turning to Secondary Cities and Various Asset Types By SARAH KROUSE Institutional investors in Western European property are getting bolder in their hunt for higher returns, testing new locations and asset classes.

Starwood Capital joins rivals in Europe's property loans market By: Chiara Albanese 07 Nov 2012 US real estate firm Starwood Capital Group has launched Starwood European Finance Company, a European real estate finance platform aiming at taking advantage of financing opportunities arising from the retrenching in bank lending in this space. http://www.investmenteurope.net/investment-europe/news/2223167/starwood-capital-joins-rivals-in-europes-property-loans-market

'Tempting returns' for Asian investors in European real-estate debt Asset manager thinks Asian investors will be drawn by yields of up to 12 per cent from non-bank lenders in European real estate Friday, 07 September, 2012, 11:36am Paggie Leung paggie.leung@scmp.com Asset manager BlackRock believes Chinese and other Asian investors may be lured by high returns to invest in a growing market for real-estate debt in Europe. http://www.scmp.com/property/international/article/1029464/tempting-returns-asian-investors-european-real-estate-debt

Bloomberg Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities By Joe Richter - Mar 25, 2012 9:21 PM Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.

http://online.wsj.com/article/SB10001424052970203471004577144253397891354.html?mod=rss_economy EUROPE BUSINESS NEWS JANUARY 7, 2012 Euro-Zone Sentiment Darkens as Recession Fear Looms By ALEX BRITTAIN Euro-zone business and consumer confidence worsened last month while a wave of poor economic data added to evidence that much of the euro zone may be in a recession that could last well into 2012.

Pondering a Dire Day: Leaving the Euro By LANDON THOMAS Jr. Published: December 12, 2011 LONDON — It would be Europe’s worst nightmare: after weeks of rumors, the Greek prime minister announces late on a Saturday night that the country will abandon the euro currency and return to the drachma.

German Investor Confidence at Three-Year Low By Gabi Thesing - 2011.11.15 02:16 AM German investor confidence fell to a three-year low in November on concern the sovereign debt crisis will push Europe’s largest economy into recession.

German, French GDP Grew in Q3 on Spending By Jana Randow and Mark Deen - 2011.11.15 01:15 AM German and French economic growth rebounded in the third quarter on stronger consumer spending, even as the region braces for a recession sparked by an escalating sovereign debt crisis.

EUROPE NEWS OCTOBER 20, 2011 Euro-Zone Deal Still in Doubt By LAURENCE NORMAN, COSTAS PARIS and MATTHEW DALTON BRUSSELS—Euro-zone leaders have narrowed their differences but remain well short of a deal to try to bring the debt crisis to a close, according to people familiar with the situation.

Europe's economy: Truly awful or just bad? Ben Rooney @CNNMoney August 15, 2011: 4:40 PM ET NEW YORK (CNNMoney) -- As officials in Europe struggle to contain the debt crisis roiling financial markets around the world, economic growth appears to be slowing significantly across the euro zone.

European Summit : A Yorktown Moment? The EU summit may be a significant turning point in the eurozone crisis.

Related News: Finance , Europe , France , Executive , Markets Magazine Societe Generale Undermined by Greek Debt Crisis in Recovery from Kerviel By Richard Tomlinson and Fabio Benedetti-Valentini - Jul 26, 2011 6:15 AM GMT+0900 Bloomberg Markets Magazine In a locked room on the 33rd floor of Societe Generale (GLE) SA’s 36-story headquarters in western Paris, members of the bank’s fraud control team peer at their computers, scrutinizing the trades being executed by dealers in eight trading rooms on the floors below.

MARKETS JULY 22, 2011 Europe Launches a Massive Greek Bailout Plan to Contain Crisis Likely Means First Euro-Zone Default By CHARLES FORELLE, PATRICIA KOWSMANN and COSTAS PARIS BRUSSELS—Euro-zone leaders agreed Thursday on a new €109 billion ($157 billion) bailout for Greece and new steps to prevent its debt crisis from metastasizing across the Continent—in a plan expected to trigger the first debt default by a nation using the common currency.

U.K. Unemployment Claims Climbed Last Month at Fastest Pace Since May 2009 Q By Scott Hamilton - Jul 13, 2011 5:35 PM GMT+0900 U.K. jobless claims rose at their fastest pace since May 2009 last month, a sign the recovery is struggling to generate enough jobs to offset the deepest government budget cuts since World War II.

French Banks Face Greatest Italian Risk Q By Fabio Benedetti-Valentini - Jul 13, 2011 7:01 AM GMT+0900 French banks, including BNP Paribas SA and Credit Agricole SA (ACA), have the most at risk from the euro- region’s debt crisis infecting Europe’s largest borrower: Italy.

Related News: Bloomberg, Currencies, Europe, US Greece Needs Long-Term Plan, Not Gimmicks, Economist Sachs Says: Tom Keene By Joe Ragazzo and Tom Keene - Jul 6, 2011 4:04 AM GMT+0900 The Greek debt crisis will persist if euro-zone policy makers don’t “get realistic” and focus on a long-term approach instead of short-term gimmicks, according to Columbia University’s Jeffrey Sachs.

Robert Shiller Says There Is A "Chronic Illness" In The Spanish Economy Jose Luis de Haro, El Economista | Jun. 27, 2011, 3:25 PM Robert Shiller is an economist, academic, and best-selling author. He is ranked among the 100 most influential economists of the world and currently serves as the Arthur M. Okun Professor of Economics at Yale. Professor Shiller shared with elEconomista some of his insights on the US and European economies during a phone interview. He recognized "a kind of chronic illness in Spanish economy".

Related News: Europe, Italy, Funds, Finance, Insurance, Economy Bloomberg: Greece’s Creditor Banks Move Toward 70% Rollover of Debt to Avert Default By Aaron Kirchfeld and Sonia Sirletti - Jun 28, 2011 1:46 AM GMT+0900 Greek creditors may be headed toward a rollover agreement involving 70 percent of their bonds to prevent a default and meet politicians’ calls that they contribute to Greece’s second rescue in as many years.

Related News: Hedge Fund Summit, Europe , Japan Bloomberg : European Banks May Need to Raise More Capital By Elisa Martinuzzi and Liam Vaughan - Jun 27, 2011 7:01 AM GMT+0900 Deutsche Bank AG (DBK), Germany’s biggest lender, and UniCredit SpA (UCG) are among European banks that may have to raise additional capital after regulators dismissed lenders’ threats that stiffer rules may stunt economic growth.

USA TODAY : Hydra-headed Greek crisis rises anew By Scott Patterson, USA TODAY The crisis in Greece has been a lot like that never-say-die monster in B horror flicks that keeps popping up to scare the audience, even after it's been gunned down a dozen times. In the past week, the Greek crisis reared its head again, triggering a sell-off of risky assets around the globe. What happened this time?