China is likely to raise interest rates in the coming days in a demonstration of the government's resolve to tame inflation, an official newspaper said on Tuesday. In a banner headline across
The idea of euro area bonds is intellectually attractive but the European Financial Stability Facility is the mechanism for handling economic crises, the EU commissioner for monetary affairs said on Monday. Speaking
The European Central Bank will continue to play a significant but supportive role in the battle to calm Europe's debt crisis and is attempting to normalise market turbulence where it exists, Governing
Germany on Monday rejected the idea of increasing the size of the European Union's safety net and ruled out a proposal to issue a joint euro zone bond, but said it stood
Cyprus's central bank raised its growth forecasts on Monday, saying the island's economy should grow 0.7% in 2010 and 1.8% next year but action was needed to put deteriorating public finances in
As the Federal Reserve tries to counter suspicion of its latest $600 billion stimulus plan, it is making a concerted, if awkward, effort to raise the chairman's profile and harmonize the often-dissonant
Britain should have a digital hub in every community to help it build Europe's best broadband network by 2015, which could create up to 600,000 new jobs and add 18 billion pounds
Christmas or Christmas Day is a holiday observed generally on December 25 to commemorate the birth of Jesus, the central figure of Christianity. The date is not known to be the actual
Hong Kong shares edged higher on Monday morning, helped by gains on Wall Street, but the benchmark index pulled back from earlier gains as Shanghai stocks faltered, weighed down by property counters.
AOL Inc, undergoing a radical transformation into the king of content on the Internet, is actively exploring a breakup involving a complicated series of transactions that may lead to a merger with
