Norway Misses Haven Fest as Record Issuance Looms: Nordic Credit

Norway faces higher borrowing costs next year as the AAA rated nation plans record bond issuance amid a potential drop off in demand from foreign buyers.

Euro, global shares rally on Spanish hopes, U.S. earnings

NEW YORK (Reuters) - World shares rose for a second day on Tuesday and the euro rallied against the U.S. dollar after a report said Germany could show greater flexibility toward aid to Spain and as U.S. corporate earnings surprised on the upside.

Despite 12% Rally Hedge Funds Turn From Stocks

For the first time this year, hedge funds are turning away from a rally in the global stock market.

New euro bailout fund may not have enough staff

BERLIN (Reuters) - An external consulting firm charged with evaluating the structure of Europe's new permanent rescue facility has raised questions about whether it will have enough staff to function effectively, according to documents seen by Reuters.

Eurozone blocks one bn euros in Greek bailout: Report

BRUSSELS: The eurozone has blocked 1.0 billion out of 5.2 billion euros in bailout loans for Greece until Monday amid uncertainty over the country's political future, a European government source said.

EU Leaders Declare Crisis Turning Point as Focus Starts Shifting to Growth

European leaders declared a turning point in the Greece-fueled debt crisis, shifting their focus away from the budget-cutting spree that has dominated two years of rescue operations.

S&P Praises ECB Crisis Measures as Political Response Trails

Jan. 14 (Bloomberg) -- European leaders are divided and behind the curve in their response to the sovereign debt crisis while the European Central Bank is playing a “constructive role,” Standard & Poor’s said.

Consumer Sentiment in U.S. Climbs

Confidence among U.S. consumers rose more than forecast in December as Americans’ outlooks improved.

China’s Sovereign Fund May Give ‘Indirect’ Support to Europe

Nov. 25 (Bloomberg) -- China’s sovereign wealth fund may give “indirect” support to Europe through investments without being the nation’s main route for any aid, said Jesse Wang, the executive vice president of China Investment Corp.