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Ed Ponsi, Managing Director at Barchetta Capital Management says Turkey's massive rate hike is the right thing to do but it won't calm nerves across the emerging market spectrum. more...

For 30 years, whenever economic crises hit the world, Jean-Claude Trichet was at the centre of action. As his career draws to a close – his eight-year term as European Central Bank president ends in three weeks – the former French finance official and Banque de France governor is in the midst of...

Think a little thing like cutting interest rates to near zero will end the Swiss franc's Alpine climb? Think again. more...

Seen as a safe haven from an escalating euro zone debt crisis and fears of a U.S. rating downgrade, the franc has surged from one record to another this year against both the euro and the dollar. more...

The new rescue plan for Greece will not solve the long-term problems in the euro zone, analysts and investors told CNBC Friday. more...