Marfin Popular Bank and MIG issued a statement insisting that they are not affected by developments occurring in Dubai. Due to a number of articles regarding the ownership of shares of our
Moody's Investors Service has downgraded the ratings of three Romanian commercial banks in light of its global review of systemic support indicators for the country's banking system, and also because of the
The yen hit its highest level in 14 years on the dollar on Friday and also jumped against the Australian dollar and higher-yielding currencies, with investors unwinding risk trades as stocks fell
Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would
Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally as the dollar tumbled to a 14-year low against the yen on
Japan's Nikkei slid 3.2 percent to hit a 4-month closing low on Friday for a fifth straight week of losses, hurt after the yen touched a 14-year high against the dollar and
Lloyds Banking Group investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis. Lloyds also said at a meeting of
Debt problems in Dubai hit financial markets across the board on Thursday, sinking global stocks, helping lift safe-haven bonds and taking the dollar up from a 14-year low against the yen. Gold
The owners of a Greek ship hijacked more than six months ago off the coast of Somalia denied on Thursday it had been released by Somali pirates. Pirates in the Somali coastal
The European Commission adopted Thursday a financial package of 275 million euro to support programmes to eradicate, control and monitor animal diseases in 2010. Cyprus will receive 8,2 million euro to combat
