A Chinese report saying Beijing should increase its holdings of euros and yen in its foreign reserves knocked the already battered dollar on Monday while global stocks sought to recover from last
Fund managers will overlook eastern European countries when seeking domiciles for funds once an EU directive for cross-border consolidation is in place, despite potential cost savings, a study published Monday said. Fund
Equity and bond funds continue to rake in the cash, global stocks are around 12 month highs and U.S. companies are wantonly beating earnings expectations as volatility sinks. The 2009 equity market
The dollar and euro rose broadly on Friday benefiting from a steep slide in sterling after data showed the British economy was still mired in recession in the third quarter, confounding expectations
Russia plans to sell as much as 50 tonnes of gold this year to help plug a budget deficit in the first major bullion sales by its precious metals repository since the
European shares bounced back on Friday and were on track to post weekly gains for a third time in a row, with financials rebounding after the previous session's sharp declines and some
Banks and commodity stocks pushed Britain's top share index up 1.3 percent by midday on Friday, as investors shrugged off a shock fall in UK GDP and looked to Wall Street's open
An array of upbeat euro zone data on Friday bolstered hopes of a durable recovery there but experts remained cautious and Britain shocked financial markets by failing to creep out of recession
The plenary of Cyprus House of Representatives approved on Thursday two new bills tabled by the government with the aim of strengthening the attraction of Foreign Investments to the island. Both the
World stocks end 3-day losing run; dlr recovers World stocks broke a three-day losing run on Friday and hovered near their 12-month high, boosted by the Dow's return above 10,000 points, while
