New Japanese Prime Minister Yoshihiko Noda picked a relatively lightweight lawmaker as finance minister on Friday, signalling the fiscally conservative leader intends to call the shots on key economic policies himself. Noda,
Hong Kong shares look set to snap a four-day winning streak on Friday with cyclicals leading losses after the Hang Seng Index ran into stiff resistance at around 21,000, with investors cautious
Most Finns think the sole Nordic euro member state should not back loans to Greece under a new bailout package, an opinion poll showed on Friday. According to a survey published in
* Report had said gov't spending was "out of control" * The chief of an independent Greek budget committee resigned on Thursday after the country's finance minister attacked the group for saying
The outlook on Cyprus's banking system remains negative, Moody's Investors Service said in a report Thursday. The rating agency’s pessimistic view is based on the tough operating environment in the banks' main
European bankers and politicians leapt to defend the region's banks on Thursday, rejecting an International Monetary Fund (IMF) estimate that they need 200 billion euros ($290 billion) in new capital to reflect
Ousted Libyan leader Muammar Gaddafi is believed to be in the desert town of Bani Walid about 150 (95 miles) southeast of Tripoli, a top military commander of Libya's National Transitional Council
Chinese and Indian workers are more likely to skip off work under the false pretence of illness than their French and Mexican counterparts, a new study showed. The Kronos Global Absence survey
Prostitutes in the German city of Bonn must carry a ticket purchased from a new parking meter-like machine while working the streets or face hefty fines from tax authorities in a scheme
Cyprus Energy Regulatory Authority (CERA) approved Wednesday an extraordinary increase of 8% (6.96% plus VAT) to the final bill of all consumers of the Electricity Authority of Cyprus (EAC). Head of CERA
