Global shares rose on Thursday as investors pursued riskier assets after U.S. President Barack Obama focused on job creation rather than any concrete details of banking reforms which had spooked financial markets.
Oil rose above $74 on Thursday, rebounding from six-week lows hit the previous day, after a speech by U.S. President Barack Obama eased market worries over plans to limit bank risk-taking by
The Bank of England won't raise interest rates from a record low until October at the earliest but it is done with its quantitative easing bond purchase programme, a Reuters poll of
Futures for the Nasdaq 100 briefly turned negative on Thursday ahead of major earnings results, with Greek credit default swap hitting record highs prompting investors to trade cautiously. At 1124 GMT (6:24
Ford Motor Co posted 2009 earnings of $2.7 billion on Thursday, its first full-year profit since 2005, and said it expected a 2010 profit amid market share gains and a slow U.S.
Moody's Investors Service has downgraded the ratings for Aldar Properties PJSC, the Trust Certificates (sukuk) issued by Sukuk Funding (No. 2) Limited and the guaranteed Notes issued by Atlantic Finance Limited, to
Oil rose above $74 on Thursday, rebounding from six-week lows hit the previous day, after a speech by U.S. President Barack Obama eased market worries over plans to limit bank risk-taking by
Euro zone countries, including France and Germany, are studying ways of helping Greece resolve its budget problems but will only act if Athens does more to clean up its accounts, Le Monde
Cyprus successfully concluded its 10-year euro bond issue, raising EUR 1 bln at a coupon rate of 4.625% for 10-years, or at a 125 basis points spread over comparable German bunds. The
Asian equities rose on Thursday, snapping a nine-day decline, led by upbeat earnings expectations and a relief rally in U.S. stock futures after U.S. President Obama appeared to moderate his tone on
