Japan intervened in the currency markets on Wednesday to sell yen for the first time in six years and promised more to come in a bid to stop its relentless rise from
Afghanistan's ailing Kabulbank paid its top two directors and shareholders, currently under investigation for banking fraud, $500,000 each in bonuses in 2009, according to an independent audit earlier this year. Afghanistan's Central
Russia and Norway ended a 40-year dispute in signing an Arctic border treaty on Wednesday which opens the door to offshore oil and gas exploration. President Dmitry Medvedev and Norway's Prime Minister
The government has made the necessary steps to solve the problem of water shortage, an issue which has been affecting Cyprus for decades, President of the Republic of Cyprus Demetris Christofias has
Japan intervened in foreign exchange markets for the first time in six years on Wednesday to stem economic damage from the surging yen, pushing its currency sharply lower and lifting Tokyo stocks
Brazil is optimistic that a power struggle in the International Monetary Fund will be resolved before an Oct. 31 deadline, a Brazilian government source told Reuters on Tuesday. The comments come as
The 6th Cyprus – Russia intergovernmental committee on economic cooperation will convene in Nicosia between 15-16 September. The committee will be presided by Minister of Finance Charilaos Stavrakis and Russian Deputy Minister
Democrats in the U.S. Senate advanced a measure to help small businesses on Tuesday, less than two months before they face voters who blame them for an economy still burdened with high
A bitter shareholder conflict at Russian hypermarket chain Lenta sparked a fistfight at the firm's headquarters on Tuesday, leading to 20 people being detained by police. The investor row erupted in August
British singer George Michael was sentenced to eight weeks in jail on Tuesday for driving under the influence of cannabis when he crashed his car into a north London shop in July.
