European stock markets rallied, led higher by solid earnings in the banking sector and stronger basic-resource stocks.
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Obama to Reaffirm Iraq Exit Plan
President Obama will reiterate the U.S.’s determination to end the U.S. combat mission in Iraq by Aug. 31, despite a surge in violence there last month and continued political deadlock…
Asian Stocks Rise on PMI Data
Asian stocks rallied Monday as soft Chinese manufacturing activity in July led to hopes Beijing would put growth-inhibitive policies on hold, while Japanese shares climbed on the back of strong…
Hungary Does Without EU, IMF
The new Hungarian government is determined to set its own economic agenda, even if that costs it the support of the International Monetary Fund and European Union.