Good News, Global Financial Crisis | featured news

New York's Dow Jones share index sets a new all-time high, as does the broader based S&P 500 index. The rallies mean the stock markets are returning to levels not seen since before the global financial crisis.

Stock prices around the world rose on Monday after European leaders signaled a willingness to tackle the financial crisis brewing there.

Central bankers from around the world are starting to focus on how to unwind the policies they used to fight the global financial crisis.

The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund's chief economist said.