Japan grapples with its fiscal cliff

Japan grapples with its fiscal cliff
Netanyahu and Lieberman merge parties
Greeks fail to agree on bailout terms
Further slide in fortunes for Spain’s Socialists
Powell delivers Obama endorsement
Ireland urges ECB to commit to bond-buying
Minister says worst of mining crisis over
US jobless claims fall to 369,000
Military action on Mali faces long delay
Battle for Aleppo intensifies

Posted: 25 Oct 2012 10:51 AM PDT

The Japanese government is to hold crisis talks with markets as a political stand-off threatens to halt bond auctions and strain state finances

Netanyahu and Lieberman merge parties

Posted: 25 Oct 2012 11:50 AM PDT

New entity creates a 'clearly defined nationalist, rightist camp' that is already a clear frontrunner for January's parliamentary elections

Greeks fail to agree on bailout terms

Posted: 25 Oct 2012 11:31 AM PDT

The standoff puts the prime minister in a difficult position as his finance minister has publicly rejected any changes before the reforms are put to parliament

Further slide in fortunes for Spain’s Socialists

Posted: 25 Oct 2012 10:28 AM PDT

A former Socialist minister has described the party's plight as the 'worst in 35 years', adding that Spaniards did not see his party as an 'alternative'

Powell delivers Obama endorsement

Posted: 25 Oct 2012 12:12 PM PDT

While the endorsement is not unexpected, the strength of his criticism of the Republican presidential candidate will take some by surprise

Ireland urges ECB to commit to bond-buying

Posted: 25 Oct 2012 07:14 AM PDT

Dublin has asked for 'confidence-building measures' to drive down bond yields and help smooth its exit at the end of 2013 from bailout programme

Minister says worst of mining crisis over

Posted: 25 Oct 2012 09:21 AM PDT

Gordhan has downgraded South Africa's GDP growth target for 2012 from 2.7 to 2.5 per cent, attributing the slide to unrest at home and exposure to Europe

US jobless claims fall to 369,000

Posted: 25 Oct 2012 06:59 AM PDT

Fresh economic data show a mixed picture of the recovery, with slow improvement in jobs even as businesses remain cautious on spending

Military action on Mali faces long delay

Posted: 25 Oct 2012 11:18 AM PDT

International support for intervention against al-Qaeda-linked insurgents cannot mask the lack of clarity of purpose nor divisions over timing

Battle for Aleppo intensifies

Posted: 25 Oct 2012 12:04 PM PDT

Rebels advance into regime-controlled areas of Syria's most populous city on Thursday, but government troops fight to recover ground