Asian markets bounced back on Wednesday following some much-needed positive news out of Europe and an IMF report forecasting global growth would be stronger than first thought.

Technology and financi

Tensions among some of the world's leading economies have boiled up over a plan to raise new resources for the International Monetary Fund to contain the eurozone debt crisis, and a quest by emerging

Asian shares fell for a third straight day on Wednesday as investors continued to cut back their risk exposure given uncertainty over global growth prospects and resurfacing worries about debt restruc

The yen firmed against the dollar in Asian trade on Wednesday, as rekindled worries about the eurozone debt crisis sent risk-averse investors flocking to the safe-haven currency.

The dollar slipped t

A flood of easy money courtesy of the European Central Bank made for a calm start to 2012 but a poor Spanish bond sale last week signals it may only have been a lull before the debt storm breaks, anal

Japanese Finance Minister Jun Azumi said on Saturday Japan would hold high-level talks with China over contributions to the International Monetary Fund to help ease the eurozone debt crisis ahead of a

Asian shares fell on Thursday after a weak Spanish bond sale heightened concerns about funding difficulties for weaker eurozone countries, further undermining sentiment hurt by fading expectations of

Eurozone finance ministers agreed on Friday to increase their financial firewall to 700 billion euros to ward off a new flare-up of Europe's sovereign debt crisis, drawing a positive initial reaction

The euro held firm against the dollar in Asia on Thursday, underpinned by expectations that European Union finance ministers would approve a boost in their firewall against future financial turmoil.

Italian Prime Minister Mario Monti on Wednesday said the root of Europe's debt woes lay partly in the irresponsible parenting of Germany and France during the bloc's infancy.

Monti told reporters in