Short-selling will be banned on the Athens bourse for two months starting Aug. 9, Greece's financial regulator said on Monday in an effort to stem a stockmarket slump. This is the third
Cypriot banks could take a hit of more than 1 bln euros ($1.4 bln) to shoulder their Greek bailout obligations, forcing them to raise capital and potentially deepening concerns over the island's
Receipts up 17.1% After years in the doldrums, Cyprus has seen a buoyant year for tourism thanks not least to troubles in the surrounding region that have diverted tourists to safe destinations.
Seasonally adjusted unemployment fell for a second straight month in July, marking the first time in over three years that it has fallen for two months in a row. The seasonally adjusted
Japan's Nikkei stock average slid more than 2% on Monday as weak sentiment following Standard & Poor's downgrade of the United States' credit rating was exacerbated by futures selling after Asian markets
Groups of youths attacked shops and damaged a police car in north London on Sunday as police sent in reinforcements to prevent more rioting on the scale that laid waste to another
The largest auction to date of Bruce Lee memorabilia in the birthplace of the kung fu legend shot past estimates to rake in $220,000, with a fur-lined costume jacket made for an
Fear gripped Asian markets on Monday as the fallout from the historic downgrade of the U.S. debt rating drowned out pledges of assistance from Europe's central bank and soothing words from the
Hong Kong and China shares retreated for a second-straight session on Monday, pressured by an acceleration of derisking from equity investments following Standard & Poor's downgrade of the long-term credit rating of
Lower interest on euro zone loans to Greece and private bondholder involvement in the country's restructuring will cut its debt by 22% of GDP by 2020, Economic and Monetary Affairs Commissioner Olli
