The Bank of Japan upgraded its economic assessment on Friday, setting itself up for a confrontation with a government pressing for a policy response to deflation and a possible return to recession.
European shares rebounded on Friday from the previous session's sharp falls and snapped a three-day losing run, lifted by banks and oil producers but Fiat fell on a UBS downgrade. By 0901
Britain's top share index rose 0.6 percent in early trade on Friday as commodity and banking stocks led a broad-based rally By 0900 GMT, the FTSE 100 was up 30.65 points at
President of the Republic of Cyprus Demetris Christofias has said he looks forward to close cooperation with the EU leadership elected on Thursday evening during an informal meeting of the EU leaders.
British Prime Minister Gordon Brown notes in an article that ''this is a crucial moment for Cyprus and its people,'' and in a message to the leaders of the two communities says
New Google Inc software will start up a computer as fast as a television can be turned on, the search company said on Thursday as it showed off its Chrome operating system
Sony Corp said on Friday that its planned entertainment content distribution service for network-compatible TVs and other devices will be launched next year. Sony plans to launch a new online service to
The wireless chip industry expects smartphone market surge to continue, with British microchip designer ARM saying growth would likely even accelerate further next year. The smartphone market slowed drastically in the September
Japan's Nikkei stock average fell 0.5 percent on Friday and logged its first four-week losing streak in over a year, with Sony sliding after its new growth strategy failed to reassure investors.
European Union leaders awarded two of its top jobs to politicians relatively unknown on the international stage, after almost a decade of wrangling over how to project Europe’s global presence. At a
