Greece talks cast lengthy shadow
Sentiment on global markets restrained by disunity of Greek politicians on austerity measures but selling looks modest
Brazilian equities burst back into life
Having been left reeling from Europe’s debt crisis last year growing risk appetite and a stream of IPOs are driving a resurgent Bovespa
Money flows back into emerging markets
Equity funds which fell out of favour for much of last year attracted $3.5bn in the week ending February 1, the most in almost a year
Pressure mounts on Greece over bail-out
Sarkozy and Merkel insist that all Greek political parties must accept terms of a new bail-out for a further rescue to take place
Indonesia GDP hits 6.5% in fourth quarter
The better than expected figures were due largely to continued investment and booming domestic consumption in Indonesia’s economy
Traders on alert for yen intervention
Japan knows that should it act unilaterally to prevent further currency appreciation as it did last year, it would risk upsetting the US Treasury
China bars airlines from EU carbon tax
Beijing’s ban on airlines complying with a European Union charge on carbon emissions, escalates a dispute that risks becoming a trade war
Iran softens line on cutting oil to Europe
Iran has indicated that its threat to cut oil supplies to European states in order to pre-empt an EU oil embargo may be only a symbolic one
US tax evasion hangs over Swiss banks
Eleven Swiss banks face questions over US investigation with the decision to accept business after the UBS settlement seen as incomprehensible
Europe sees surge in clean power
Seventy one per cent of all the new power generating capacity fitted in the EU last year came from solar panels, wind turbines or other renewable energy sources