The credit outlook for the Lebanese banking sector is stable, reflecting the buoyant performance of the local economy in 2009, improvement in Lebanese politics and relative stability in the region, Moody's Investors
Wall Street rose in early trading on Wednesday as a renewed promise of extended low interest rates from the Federal Reserve and its relatively positive view of the economy enticed investors into
Stock index futures held gains on Wednesday after data showed producer prices fell more than expected in February as energy costs tumbled. * S&P 500 futures rose 2.6 points and were above
The Bank of England's Monetary Policy Committee voted unanimously to keep monetary policy unchanged this month, but some members noted an increase in upside inflation risks due to the fall in the
Britain's top share index gained 0.4 percent around midday on Wednesday, lifted by strength in commodity issues and banks as investors welcomed the Federal Reserve's pledge to hold interest rates near zero.
Producer prices fell more steeply than expected in February, posting their biggest drop in seven months as energy costs tumbled, according to a government report on Wednesday that pointed to scant inflation
World stocks climbed on Wednesday in response to a relatively optimistic outlook from the U.S. Federal Reserve combined with a pledge to keep interest rates low. Worries about Greece's debt crisis also
Oil extended gains to above $82 a barrel on Wednesday, rising to within $2 of this year's high as Saudi Arabia's Oil Minister described prices as "beautiful" and OPEC decided to leave
The world’s top ranked player has finally met his match. After being challenged seven times since their big clash at the Australian Open final in 2006, No. 1 and three-time former champion
U.S. housing starts fell last month as winter storms in some parts of the country disrupted home construction, and another drop in building permits pointed to underlying weakness in the near-term. The
