balance

The lira's dive to a record low has badly exposed Turkish firms with foreign debts, forcing them to scrap some investments at a critical time. more...

CNBC's Simon Hobbs with a preview of Friday's meeting of EU leaders, and John Ryding, RDQ Economics; David Malpass, Encima Global, and Andrew Busch, BMO Capital Markets with a look at the Fed pumping in new dollars in Europe to stem the debt and banking crisis and its impact on the markets. more...

Japan's exports rose in June from the prior month and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March earthquake, tsunami and nuclear meltdown. more...

The ECB is facing a potential crisis of its own from having skeleton risks amounting to several hundreds of billions of euros on its balance sheet, according to Der Spiegel magazine. more...