The Malta Stock Exchange and the Cyprus Stock Exchange signed a Memorandum of Understanding at the Malta Stock Exchange premises in Valletta. The Memorandum of Understanding was signed by Dr Arthur Galea
Failure to act now on sweeping banking reform could pave the way for an "even bigger" financial crisis in the future, Bank of England Governor Mervyn King said on Thursday. Giving evidence
U.S. stocks fell sharply at the open on Thursday as an increase in the number of workers filing for jobless benefits and concerns over the fiscal health of Greece made investors worry
EU inspectors visiting Athens expect declining gross domestic product and high borrowing costs will make it hard for Greece to meet its deficit-cutting targets this year, a senior Greek finance ministry official
New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the
The European Commission left its 2010 growth outlook for the euro zone unchanged on Thursday despite concerns about Greece and other reports painting an increasingly grim picture. The euro zone should squeeze
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose. Safe-haven government bonds firmed. Credit
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently. Moody's
European share prices were mostly lower by midday on Thursday amidst concerns over a potential downgrade of Greece's credit rating and oil majors and miners weakened by a firmer dollar, although banks
Europe's banks showed the scars of the financial crisis on Thursday as Royal Bank of Scotland posted a big loss as bad debts jumped and Credit Agricole was hit by losses in
