Banks Outline Exposure to Euro Zone

"Questions About Hedges Fester as Firms Detail Exposure"

Mounting concerns over the euro-zone crisis are prompting some of the world's largest banks, including U.S. banks, to release more information about their exposure.

Libyan oil output rises to 600,000 bpd

Portuguese civil servants and soldiers staged an anti-austerity protest in Lisbon on Saturday, a sign of the rising social tensions in debt-hit Portugal over deep cuts in spending.

IMF Head Christine Lagarde Suggests Japan Intervention in Yen Justified

IMF Head Christine Lagarde Suggests Japan Intervention in Yen Justified

Germany Resists Austerity in Budget

Germany Resists Austerity in Budget

BERLIN—As Germany puts the final touches on its 2012 budget, it is becoming increasingly clear that Europe's largest economy is a glaring exception at a time when a worsening debt crisis is forcing other major capitals to pull their belts ever tighter.