World stocks hit a new 12-month high on Wednesday, driven higher by positive earnings from U.S. tech giant Intel and surprisingly strong trade figures from economic powerhouse China. MSCI's all-country world index
The fundamental credit outlook for the Spanish banking system remains negative, reflecting the impact of the ongoing economic recession and severe asset quality deterioration on domestic banks' risk absorption capacity, Moody's Investors
Global markets may be edging towards recovery, but the worst impact of the global financial crunch on families and couples may be still ahead, a leading Australian charity said on Wednesday. "The
The U.S. dollar struck a 14-month low against the euro on Wednesday, sending gold to record prices and pushing oil past the 2009 high of $75 a barrel and on track for
Stock futures rose slightly on Tuesday as investors awaited earning reports from Johnson & Johnson and Intel Corp. The S&P 500 index closed out six straight days of gains on Monday and
European shares were lower at midday on Tuesday, dragged down by financials ahead of earnings news from major U.S. banks and after prominent sector analyst Meredith Whitney downgraded her rating on Goldman
Britain's top shares closed 1.1 percent lower on Tuesday, as weakness in banks outweighed strength in defensive issues, while sentiment was dampened by falls on Wall Street after disappointing corporate earnings. The
The new Larnaka International Airport will give the island’s economy a new impetus, amidst the economic crisis and will significantly help the economic and tourist development in general, Androulla Christodoulou, head of
The care and conditions for people living with HIV/AIDS in Cyprus need to improve, said the Euro HIV Index (EHIVI) 2009 which was presented on Tuesday in Brussels. This first survey of
British inflation fell to its lowest level in five years last month and seperate surveys showed the Bank of England's stimulus helped to reverse a house price decline and buoy retail sales,
