Oil firmed above $79 on Wednesday as a 15 month low in the dollar diverted investors' focus from fundamentals, with weekly U.S. government inventory data being delayed by one day to Thursday.
The dollar hit a fresh 15-month low and world stocks held near a three-week high on Wednesday after remarks from Federal Reserve officials reinforced the view that U.S. interest rates will remain
China will refer to changes in capital flows and fluctuations in the values of major currencies when guiding the value of the yuan, the central bank said on Wednesday, in a departure
The dollar hit a fresh 15-month low and world stocks held near a three-week high on Wednesday after remarks from Federal Reserve officials reinforced the view that U.S. interest rates will remain
High unemployment and reluctant consumers will likely make an incipient U.S. economic recovery weak and erratic, top Federal Reserve officials said in a string of speeches across the country on Tuesday. That
The number of Britons claiming jobless benefit in October rose by its smallest amount in 18 months, while the number of people in work rose for the first time in over a
The world's two largest cellphone makers, Nokia and Samsung Electronics, unveiled on Tuesday their latest rivals to the iPhone as Apple became the top profit generator in the handset industry. Apple Inc
Britain's top share index gained 0.8 percent early on Wednesday, as optimism on the prospects for demand was lifted by data showing a surge in China's factory output, pushing metal prices higher
Global issuance of sukuk or Islamic bonds has surged in recent months in a marked turnaround from earlier in the global credit crisis, according to Moody's Investors Service. Amid current economic and
Capital Intelligence has reduced the long-term foreign currency ratings of Emirates Bank International (EBI) and National Bank of Dubai (NBD) to A+, one notch below that of the sovereign, to reflect the
