U.S. foreclosure halt could hit investors

A U.S.-wide foreclosure moratorium could penalize pension funds, insurance companies and other investors and make new loans more expensive, an investor group and industry experts warned on Monday. Temporary pauses in foreclosures

Dollar holds line as Asia shares dip

Dealers eyed a line in the sand for the dollar on Tuesday as the U.S. currency held firm against most of its Asian counterparts, while China said its currency reforms did not

Cyprus labour expert shares economics Nobel

Two Americans and a British-Cypriot won the 2010 economics Nobel for work focusing on problems like unemployment. The Royal Swedish Academy of Sciences said the 10 mln Swedish crown ($1.5 mln) prize