StanChart shares tumble on Iran dealings

Standard Chartered Plc's shares fell as much as 20% on Tuesday after New York's top bank regulator threatened to remove its state banking license, saying the British lender hid $250 billion in

Shares rise on sustained policy hopes

Asian shares gained on Tuesday as investors maintained the hope that Europe will take further action to tackle its debt crisis and the United States and China will adopt stimulus measures to

Troika found Cyprus economy worse than expected

 * Expectations for growth low; painful adjustment measures seen * International lenders assessing Cyprus's bailout needs found the economy in a "worse state than expected" and in need of painful adjustment in

Dissident Syria diplomats swing behind revolt

A group claiming to represent dissident Syrian diplomats has swung behind the revolt against President Bashar al-Assad, calling for a power transfer to a body "representing the Syrian people" and urging more

First baby with artificial heart in Japan

Doctors at the University of Tokyo saved a small child who was seriously suffering from a severe heart condition, aided by a BerlinHeart Excor ventricular assist device, the first time this procedure